Profit of APPA Agencies Record Growth

Number of vehicles possessing APPA contracts as of 31 April, 2016 comprises 438420, drivers of which paid AMD 8 billion 166 million 367 thousand. As compared to the same period of the previous year increase in number of vehicles is being recorded by about 4500, however, payments by drivers decreased by AMD 270 million.

At the same time, it’s noteworthy, that benefit of APPA agencies has increased: if last May they performed with 50% disbenefit, then this year that index comprises about 48%. According to the data published by Armenian Motor Insurers’ Bureau total of payments of satisfied applications comprised AMD 600 million, which has decreased by AMD 28 million as compared to the previous month.

Number of settled applications throughout this month comprised 3.073, which has decreased by 47, as compared to the previous month. Average of compensation as of May 2016 comprised AMD 199486.

By Gayane Khachatryan