In Armenia, the loss ratio for compulsory car insurance (OSAGO) decreased in January-July 2026 to 72.5% from 74.4% for the same period in 2025. This is observed against the backdrop of an acceleration in the annual growth of active contracts from 7.9% to 9.3%, and the volume of insurance premiums from 17.4% to 18.3%:
The decline in this indicator began in May of this year, after rising for the previous four months, while throughout 2025, a decrease was noted from 81.8% to 76.3%:
Experts note that the cost of OSAGO is rising, allowing insurance companies to compensate for inflationary risks amid overall rising inflation and increasing spare parts costs:
As of August 2026, there were 740,844 vehicles with OSAGO contracts in the country, while the number of active contracts was 864,266:
In the first seven months of 2026, the volume of collected insurance premiums reached 22.6 billion drams ($61.7 million), and the volume of insurance compensations exceeded 15.1 billion drams ($41.3 million):
