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Illustrated portrait of Armenia; geographic and cultural interpretation, not regulator premises.
← The regulatory atlasCOUNTRY PERSPECTIVE / Armenia

Central-bank supervision

ArmeniaCBA

Insurance supervision in Armenia.

AI-generated country illustrationSources checked

01 / The institution

Central Bank of Armenia

The Central Bank supervises insurers using a risk-based approach, combining on-site and remote supervision under the insurance law.

How it is structured

Central-bank supervision

Institutional source ↗

The legal foundations

Mandate, written into law.

Establishing legislation and the rules governing insurance may be different instruments.

02 / Market signals

The numbers, with context.

Figures retain the reporting period and accounting basis of their source. They are snapshots, not live indicators or directly comparable country rankings.

20240.7%

Insurance penetration

Insurance premiums divided by GDP; down from 0.8%.

Printed page 44 ↗

Insurance penetration. The CBA's 2024 Financial Stability Report records insurance premiums at 0.7% of GDP. A newer ratio has not been verified here.

03 / The report notebook

A dated view of the market.

What we noted in the regulator’s publications. Each entry separates the period covered, publication date when known, and our review date.

ReviewedNOTE 01

2024

Central Bank of Armenia Financial Stability Report 2024 ↗

Insurance-company assessment reviewed. This is the latest full English insurance assessment retrieved for this profile; it is dated 2024 and is not presented as a 2026 market estimate.

Insurance loss ratio

71.0%

Claims rose 10.3%, while accrued premiums fell 2.3%. The loss ratio increased 5.8 percentage points, using the report's net earned-premium definition.

Central Bank of Armenia Financial Stability Report 2024Printed pages 44–45, footnote 34 · Country illustration
Read the original publication ↗

04 / Official contacts

Reach the institution.

Public institutional channels, checked 17 September 2026.

Research trail

Sources you can follow.

Independent editorial research by Insurers Global. Source dates do not certify that a law includes every subsequent amendment.

  1. Insurance companies | CBA ↗Checked
  2. Official contact page ↗Checked
  3. Official institutional contact information ↗Checked
  4. Central Bank of Armenia Financial Stability Report 2024 ↗Checked

Country scenes are AI-generated illustrations made with OpenAI image tools, not official regulator photographs or endorsements. Quotations remain searchable text. Report figures and directory verification are maintained separately.