ArmInfo. In Jan-Sept 2014 the average monthly salary in Armenia's insurance companies dropped by 6.4 to 254,700 AMD or 625. According to ArmInfo's Ranking of Insurance Companies of Armenia, Sil Insurance raises its average salary by 25.8 to 181,700 AMD but cut its staff by 3.4 to 201 employees.
Rosgosstrakh Armenia raised the salary by 4.9 and the staff by 1.5 to 341 employees, INGO Armenia raised the salary by 3.7 to 283,400 AMD and cut the staff by 9.1 to 239 employees. Nairi Insurance cut the salary by 44 to 257,700 AMD but enlarged the staff by 8.9 to 172 employees. Armenia Insurance cut the salary by 25.5 to 192,400 AMD but enlarged the staff by 2 to 92 employees, RESO cut both the salary and the staff by 9.3 to 363,500 AMD and by 31.9 to 96 employees. As of Oct 1 2014 Armenia's insurance companies employed a total of 1,141 people (4.6 fewer than a year before). Rosgosstrakh Armenia had the largest staff (341), Armenia Insurance the smallest one (92). The highest average monthly salary was registered in RESO (640,700 AMD or 892), the lowest one in Nairi Insurance (157,100 AMD or 385). Rosgosstrakh Armenia spent on wages 960.8mln AMD, INGO Armenia 609.7mln AMD, Sil Insurance 314mln AMD, Nairi Insurance 243.1mln AMD, Armenia Insurance 159.3mln AMD.
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