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AZG Armenian Daily #112, 17/06/2006
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CASCADE INSURANCE INCREASES ITS LEGISLATIVE CAPITAL
The paid legislative capital of Cascade Insurance has increased by
500 million AMD (1.1 million USD). As a result the Cascade Insurance
belonging to Cascade Capital Holding became a company with the greatest
paid legislative capital in the insurance market of Armenia.
To remind, 65% of Cascade Insurance's shares belong to Cascade Capital
Holding and 35% belong to the European Bank for Reconstruction and
Development. The Cascade Capital Holding, in its turn, belongs to
the Gefeschian Family Fund.
By Ara Martirosian
From: Emil Lazarian | Ararat NewsPress
Home
CASCADE INSURANCE INCREASES ITS LEGISLATIVE CAPITAL
The paid legislative capital of Cascade Insurance has increased by
500 million AMD (1.1 million USD). As a result the Cascade Insurance
belonging to Cascade Capital Holding became a company with the greatest
paid legislative capital in the insurance market of Armenia.
To remind, 65% of Cascade Insurance's shares belong to Cascade Capital
Holding and 35% belong to the European Bank for Reconstruction and
Development. The Cascade Capital Holding, in its turn, belongs to
the Gefeschian Family Fund.
By Ara Martirosian
From: Emil Lazarian | Ararat NewsPress