SOFIA (Bulgaria), December 16 (SeeNews) – Bulgarian insurer Euroins [BUL:5IC] saw its premium income slide by 11.8% to 30.6 million euro ($42.15 million) for January-November 2013, its parent company Eurohold Bulgaria [BUL:4EH] said on Monday.
Euroins’ premium income from third-party liability insurance for motor vehicles fell 24.9% to 15.6 million euro for the period, the financial and insurance group said in a filing to the Sofia stock exchange.
In November alone, the insurer's premium income was down 10.2% on the year to 3.2 million euro, with third-party liability insurance premiums declining by 29% to 1.6 million euro.
Euroins is a unit of Euroins Insurance Group, the insurance sub-holding of Eurohold Bulgaria.
($=0.727 euro)
Euroins AD is among the biggest insurers in SEE. You can download our SEE Top 100 ranking
here or subscribe to our free Top 100 newsletter
here