ARMENIAN insurance companies report 63% surge in net profit

17 November 2016 —
The net profit of six Armenia-based  insurance companies in the first 9 months of 2016 amounted to 3.895.5 billion drams,  up from 2.394.1 billion drams they had earned in the same period of 2015, an increase of 62.7%., according to ARKA news agency's  bulletin "Insurance Companies of Armenia" for the third quarter of 2016.

All 6 companies worked  with a profit. The leading insurance company by size of net profit was Rosgosstrakh-Armenia, which earned 1.727.8 billion drams, up from 1.044.9 billion drams it had earned in the first 9 months of 2015. Read the full story ARMENIAN insurance companies report 63% surge in net profit
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