In Jan-June 2016, the net profit of Armenian insurance companies amounted to 2.6 bln AMD or USD 5.5 mln, with a 74% growth versus Jan-June 2015. In Q2 alone, the net profit of insurance companies totaled 1.3 bln AMD, or USD 2.8 mln, with a 0.5% growth versus Q1 due to 42-58% increase in three companies amid 4-53% decrease in the remaining three companies.

According to the Ranking of Insurance Companies of Armenia by the Agency of Rating Marketing Information (ArmInfo), in Jan-June 2016, four out of the six insurance companies increased their net profit, with two of them (INGO Armenia and RESO) - 2.3-3-fold as compared with Jan-June 2015. Read the full story   ARMENIAN insurers increased their net profit by 74% y-o-y in 1H