ARMENIA: the volume of tax payments of the insurance sector in 1Q2021 decreased by 7.7% y-o-y

21 April 2021 —
According to 1Q2021 results, 5 out of 6 operating insurance companies were included in the list of 1000 large taxpayers in Armenia, same as a year ago.

According to the State Revenue Committee of Armenia, the volume of tax payments of the insurance sector in 1Q2021 decreased by 7.7% y-o-y, ArmInfo reports.

Among insurance companies, ROSGOSSTRAKH Armenia holds the lead in terms of the volume of tax payments (306th place in the list vs 163rd in 1Q2020), INGO Armenia moved up in the list compared to 1Q2020 - to 313rd place (vs 319th a year ago), in third place among insurers is NAIRI Insurance (522nd place). RESO was not included in the list of 1000 largest taxpayers in Armenia (same as in the first quarter of 2020).



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