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Armenia’s Reso Insurance company seals first contracts under new social package

YEREVAN, February 14. /ARKA/. Armenia’s RESO insurance company has already concluded several dozen of contracts to provide medical insurance as part of a new social package, the company’s press office told ARKA News Agency on Tuesday.

According to the press release, the first person insured under this package was an employee of the territorial administration ministry’s water economy committee.

Contracts were signed in Yerevan and provinces.

This package’s insurance services are intended for governing institutions and state-owned companies’ personnel as well as educational cultural and social security establishments’ employees.

The basic package of medical insurance is bought on the government-provided checks worth AMD 52,000 drams.

Every buyer of RESO company’s basic package receives coverage “My Medical Center”, which provides additional services to policy-holders.

In particular, policy-holders can choose a medical center among medical establishments in Yerevan and provinces, where medical examinations will be available to them at any time throughout the entire year.

They also can be examined by other centers’ specialists on their medical centers’ referrals.

RESO CJSC was registered as UniRESO on November 10, 2008 and renamed RESO on October 10, 2009.

The company’s shareholders are Polygraphia CJSC (50%) and CIS Equity Partners Limited (50%).

RESO is a subsidiary of Russia’s RESO-Garantia.

The company’s authorized capital amounts to AMD 1870 million.

Its assets totaled over AMD 2.8 billion and liabilities about AMD 1.2 billion in late December 2011.

Total capital was close to AMD 1.7 billion in late December and net profit for 2011 exceeded AMD 245.3 million. ($1 – AMD 388.34). -0-

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