Aegon Romania sees 50 pct increase in premiums in 2014

Newsroom 23/02/2015 | 13:01

Aegon Romania registered last year over 50 percent increase in subscribed gross premiums against 2013, amounting up to RON 50 million (EUR 11.2 million).

The increase was due to the sales of new policies through the company’s network and through Banca Transilvania and amid the taking over of Eureko portfolio.

Of the total subscribed gross premiums, 75 percent were premiums destined to traditional life insurances, the rest being represented by insurances for investments. The company’s portfolio in Romania reached over 40.500 policies.

Moreover, the number of compensations received in 2014 is more than four times higher compared to the previous year, the increase being due to the company’s accelerated growth over the past year.

Aegon registered positive results both locally and globally. The group’s sales last year rose by 20 percent compared to 2013, amounting EUR 8.6 billion. Also, Aegon Group had a 38 percent increase in profit last year to EUR 1.2 billion.