Eureko Insurance increases gross written premiums by 9.6 percent on H1

Newsroom 22/08/2011 | 16:48

Eureko Insurance registered in the first six months of 2011 a 9.6 percent increase in the volume of gross written premiums to RON 22 million, compared to the similar period of 2010.

The results was supported by the premiums coming from the health insurance sector, which registered a 34 percent year on year advance, to RON 6.1 million, which offers the company an estimated market share of 40 percent, making it the ongoing leader in the insurance segment. The life insurance segment slightly increased to RON 15.3 million in gross written premiums.

Frans van der Ent, CEO of Eureko Insurance, says that the retail market is still affected by the tough economic climate, but betters results should be expected in the second half of the year. However, Ent stated that the number of signed insurance contracts shows that the need for safety and profit grew, in line with the current economic landscape.

Eureko is an unlisted leading insurance group that besides its home country The Netherlands, is also active in seven other European countries. The group is present in Romania through Eureko Asigurari and Eureko Societate de Administrare a Fondurilor de Pensii Private.