Armenia

Location:
Southwestern Asia, between Turkey (to the west) and Azerbaijan

Climate:
highland continental, hot summers, cold winters

Natural hazards:
occasionally severe earthquakes; droughts







Currency: Drams (AMD)

1 EUR = 577.47 Dram - AMD (December 31st, 2014)
1 EUR = 559.54 Dram - AMD (December 31st, 2013)
1 EUR = 532.24 Dram - AMD (December 31st, 2012)
1 EUR = 498.72 Dram - AMD (December 31st, 2011)
1 EUR = 481.16 Dram - AMD (December 31st, 2010)

Sources:
ArmInfo News Agency
Central Bank of Armenia

Insurance statistics

1H2017Market Portfolioxlsx
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1H2014Insurance market overview pdf
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FY2013Insurance market overview pdf
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1H2012Insurance market overview pdf
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FY2011Insurance market overview pdf
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2010Insurance market overviewpdf
2010Market portfolio and rankingsxls

1H2017 Market Portfolio

1H2017 Insurance Companies Rankings

ARMENIA: In Q1 2016, cargo transportation grew by 62.9%

In Q1 2016 versus Q1 2015, cargo transportation in Armenia grew by 62.9% to 3 164.9 thsd tons, from which 2091.5 thsd tons (66.1% from the total volume) was transportation by road, the National Statistical Service of Armenia reports.

ARMENIAN insurance companies double net profit in quarter one

Six Armenia-based insurance companies earned more than 1.3 billion drams in net profit in the first quarter of 2016, up from  631.6 million drams they had earned in the same time span of 2015, according to ARKA news agency's  bulletin "Insurance Companies of Armenia" for the fourth quarter of 2015.

ARMENIAN insurance companies pay about 500 million drams in taxes for quarter one

The list of the 1000 largest Armenian corporate taxpayers in the first quarter of 2016 includes all six insurance companies operating in the country which paid a total of 499 million drams in various taxes, up from 457.4 million drams they had paid for the first quarter of 2015, the State Revenue Committee said.