YEREVAN, November 14. / ARKA /. Armenian insurances companies earned 426.4 million drams in net profit in the third quarter of 2013, down from 1.113 million drams they had earned in the third quarter of 2012.
According to ARKA news agency’s bulletin “Insurance Company of Armenia,” four companies reported profit, while three others – Rosgosstrakh- Armenia, Ingo Armenia and Reso – reported a total loss of 617.7 million drams.
According to the balance sheet data, Rosgosstrakh -Armenia suffered 407. 24 million drams in losses against 59.2 million drams in profit in the third quarter of 2012.
RESO reported 136.8 million drams in net loss versus 345.4 million drams earned as profit in the third quarter of 2012. Ingo Armenia’s loss amounted to about 73.6 million drams against 116.8 million drams earned as profit in the third quarter of 2012.
According to ARKA analysis, Nairi Insurance Company earned 413.2 million drams in profit, up from 259.3 million drams earned as profit a year before.
Garant- Limens reported 382.2 million drams in net profit. Armenia Insurance was said to have earned about 176.5 million drams in profit, down from 336 million drams a year before and Sil Insurance earned 72 million drams in profit against 103.48 drams reported as losses in the third quarter of 2012. -0-
