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References in periodicals archive ?
Mandatory motor third party liability (MTPL) insurance followed with EUR 50.931 million, down 1.8 percent (18.6 percent), motor own damage (MOD) insurance with EUR 46.836 million, up 7.8 percent (17.1 percent), and property insurance with EUR 36.187 million, up 19.1 percent year-on-year (13.2 percent of the market).
Motor own damage is one of the leading sources of business, accounting for 30 percent of gross premiums in the state.
Motor own damage insurance should become a bulk product, Hayk Baghramyan, CEO at Sil Insurance, has told ArmInfo's
According to Baghramyan, for the moment only 5% of Armenia's car owners have contracts on motor own damage insurance,
When commenting on the decline in the growth rates of insurance premiums in the segment of motor own damage insurance,
later the motor own damage insurance will become more popular with the car owners.
year the motor own damage insurance certificate prices grew by nearly 20%, and "these tariffs meet the current market conditions".