Thursday, May 23 2013 17:06

In Q1 2013 Armenian insurance companies registered 340.7mln AMD profit against 650mln AMD loss in Q1 2012


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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