{"id":105958,"date":"2017-02-21T12:45:38","date_gmt":"2017-02-21T12:45:38","guid":{"rendered":"https:\/\/armbanks.am\/2017\/02\/21\/245976\/"},"modified":"2024-12-15T13:28:09","modified_gmt":"2024-12-15T13:28:09","slug":"armenia-based-insurance-companies-earned-4-058-billion-drams-in-net-profit-in-2016-up-from-2-672-8-billion-drams-in-2015","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2017\/02\/21\/105958\/","title":{"rendered":"Armenia-based insurance companies earned 4.058 billion drams in net profit in 2016, up from 2.672.8 billion drams in 2015"},"content":{"rendered":"<p><strong>YEREVAN, February 21. \/ARKA\/.<\/strong> Armenia-based six insurance companies earned a total of 4.058 billion drams in net profit in 2016, up from 2.672.8 billion drams they had earned in 2015 (51.8% increase), according to ARKA news agency\u2019s bulletin &#8220;Insurance Companies of Armenia&#8221; for the fourth quarter of 2016. All six companies closed the past year with a profit, whereas in 2015 two companies reported losses.<\/p>\n<p>The leading company by size of net profit was Rosgosstrakh-Armenia, which earned 1.636.9 billion drams, up from 1.131.7 billion drams earned in 2015 (a 44.6% growth). It was followed by Ingo Armenia with 939.4 million drams worth net profit (93.7% growth), Nairi Insurance &#8211; 882.9 million drams (33.9% growth), Armenia Insurance \u2013 384.3 million drams (decline of 9.5%), RESO \u2013 205.3 million drams (in 2015 it reported 16.4 million drams worth losses) and Sil Insurance &#8211; 9 million drams (in 2015 it sustained 11.6 million drams worth losses).<\/p>\n<p>The assets of Armenian insurance companies by the end of 2016 stood at 43.4 billion drams (a 13.2% growth from 2015); their liabilities amounted to 23.9 billion drams (growth by 8.8%) and their capital was worth 19.5 billion drams ( increase of 19.2%). ($ 1 &#8211; 486.81 drams) -0-<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenia-based six insurance companies earned a total of 4.058 billion drams in net profit in 2016, up from 2.672.8 billion drams they had earned in 2015<\/p>\n","protected":false},"author":1,"featured_media":176555,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12149,9216],"tags":[15837,13052,12299,308],"class_list":{"0":"post-105958","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-companies","11":"tag-profit","12":"tag-308"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/105958","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=105958"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/105958\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media\/176555"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=105958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=105958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=105958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}