{"id":103322,"date":"2016-11-16T12:10:24","date_gmt":"2016-11-16T12:10:24","guid":{"rendered":"https:\/\/armbanks.am\/2016\/11\/16\/245441\/"},"modified":"2024-12-15T13:26:14","modified_gmt":"2024-12-15T13:26:14","slug":"armenian-insurance-companies-report-63-surge-in-net-profit","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2016\/11\/16\/103322\/","title":{"rendered":"Armenian insurance companies report 63% surge in net profit"},"content":{"rendered":"<p><strong>YEREVAN, November 16. \/ARKA\/.<\/strong> The net profit of six Armenia-based\u00a0 insurance companies in the first 9 months of 2016 amounted to 3.895.5 billion drams,\u00a0 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\u2019s\u00a0 bulletin &#8220;Insurance Companies of Armenia&#8221; for the third quarter of 2016.<\/p>\n<p>All 6 companies worked\u00a0 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.<\/p>\n<p>It was followed by Ingo Armenia that earned\u00a0 848.1 million drams in net profit (a year-on-year growth of 85.8%), Nairi Insurance with a profit of 652.6 million drams (36.8% growth), Armenia Insurance -. 301.4\u00a0 million drams (a decline of\u00a0 24.7%), RESO &#8211; 287.1 million drams (in quarter 3 of 2015 it sustained losses to the tune of 84.5 million drams) and\u00a0 Sil Insurance &#8211; 78.3 million\u00a0 drams (a drop of 21.8%).<\/p>\n<p>The combined assets of the six companies in the first 9 months amounted to 42 billion drams (a growth of 8.2%); their\u00a0 liabilities stood at 22.7 billion drams (a growth of\u00a0 0.7%) and their capital grew by 18.6% to 19.3 billion drams.\u00a0 ($ 1 &#8211; 478.90 drams) 0-<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-103323\" src=\"https:\/\/armbanks.am\/wp-content\/uploads\/2024\/12\/12345-28.jpg\" alt=\"12345\" width=\"523\" height=\"201\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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<\/p>\n","protected":false},"author":1,"featured_media":160315,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12149,9216],"tags":[15837,15891,12299,308],"class_list":{"0":"post-103322","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-insurance-market","8":"category-news","9":"tag-armenia-2","10":"tag-insurance-2","11":"tag-profit","12":"tag-308"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/103322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=103322"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/103322\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/160315"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=103322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=103322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=103322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}