Bulgarian insurer Euroins 11-mo premium income grows 3.2%

Euroins' premium income from property rose by 81.3% to more than 4.2 million euro in the January-November period, Eurohold Bulgaria said in a bourse filing on Tuesday.

The company’s general motor insurance brought in 9.2 million euro though November, up by 1.6% from a year earlier, while third-party liability insurance went down by 13.3% to 13.5 million euro.

Other insurance services that were not specified in the filing increased by 26.7% in the period under review.

In November alone, Euroins’ premium income amounted to 2.8 million euro, down 16.1% from a year earlier. Income from property insurance jumped by 42%, third-party liability insurance went down 36.3% and general motor insurance decreased by 17.8%.

Euroins is a unit of Euroins Insurance Group, the insurance sub-holding of Eurohold Bulgaria.

($=0.8021 euro)