January 16 (SeeNews) - The premium income of Bulgarian insurer Euroins [BUL:5IC] fell by 1.6% to 57.6 million euro ($61.1 million) in 2016, its parent company, Eurohold Bulgaria [BUL:4EH], said on Monday.
In December alone, Euroins' total premium income rose 68.2% to 8.55 million euro, Eurohold said in a bourse filing.
Euroins is a unit of Euroins Insurance Group (EIG), part of insurance holding company Eurohold Bulgaria.
Euroins premium income, breakdown by business sector (in millions of euro):
|
2016 |
2015 |
pct change |
General motor insurance |
12.2 |
10.6 |
15.4% |
Third-party liability insurance |
26.3 |
19.2 |
37.3% |
Property insurance |
4.7 |
5.2 |
-10.0% |
Reinsurance |
1.8 |
13.7 |
-86.8% |
Other |
12.6 |
9.8 |
27.5% |
($ = 0.9432)