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Armenian insurance companies registered 340.7mln AMD profit against

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  • Armenian insurance companies registered 340.7mln AMD profit against

    Armenian insurance companies registered 340.7mln AMD profit against
    650mln AMD loss in Q1 2012

    2013-05-23 17:06:00 In Q1 2013


    ArmInfo. In Q1 2013 Armenia's insurance companies registered 340.7mln
    AMD net profit against 650mln AMD loss in Q1 2012. According to
    ArmInfo's Ranking of Insurance Companies of Armenia, Nairi Insurance
    had the biggest profit - 130mln AMD (against 83.4mln AMD loss in Q1
    2012). The second was INGO Armenia with 122mln AMD (2.7 times as much
    as in Q1 2012), the third Armenia Insurance with 70.5mln AMD (against
    6.5mln AMD profit a year before), the fourth Garant Insurance with
    52.7mln AMD (68.4% growth). RESO had the smallest profit - 19mln AMD
    (twice as much as a year before). Sil Insurance and Rosgosstrakh
    Armenia registered respective 53mln AMD and 1.2mln AMD losses in Q1
    2013.

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