Complex sentence: On December 2003, the major part of the Company's shares was purchased by "Ingosstrakh" Russian Insurance OJSC, afterwards the Company was renamed into "INGO ARMENIA" Insurance CJSC.
Split into simpler sentences: On December 2003, the major part of the Company's shares was purchased by "Ingosstrakh" Russian Insurance OJSC. Afterwards the Company was renamed into "INGO ARMENIA" Insurance CJSC.