ARDAF's Q1 revenues, higher than expected
ARDAF insurance company is rushing to become a top ten player on the life insurance market. Sales on this segment totalled $145,000 in Q1, up 156.8% from the same time last year. Total gross premiums collected by ARDAF in the first quarter reached $10 million, compared with the $6
ARDAF insurance company is rushing to become a top ten player on the life insurance market. Sales on this segment totalled $145,000 in Q1, up 156.8% from the same time last year. Total gross premiums collected by ARDAF in the first quarter reached $10 million, compared with the $6.9 million in Q1, 2002. If calculated in ROL, the gross premiums collected from general insurance amounted to 332.2bn ROL, of which 179.9bn ROL were derived from civil auto liability insurance (RCA) policies. Life insurance accounted for 4.8bn ROL. ARDAF settled 119.9bn ROL in claims. ZF
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