November 16 (SeeNews) - The premium income of Euroins Romania for the first ten months of 2016 rose by 21.3% year-on-year, reaching 158 million euro ($169 million), the insurer’s Bulgaria-based parent Eurohold [BUL:4EH] said on Wednesday.
In October alone, Euroins Romania’s premium income increased 46.4% on the year to 18.7 million euro, Eurohold said in a filing with the Sofia bourse.
Euroins Romania's premium income from third-party liability insurance for motor vehicles climbed 21.8% year-on-year to 151 million euro in the period January-October.
Premium income from general motor insurance fell 18.6% to 1 million euro, while premium income from property insurance rose 26.4% to 1.9 million euro.
Euroins Romania is a subsidiary of Euroins Insurance Group (EIG), part of insurance holding company Eurohold Bulgaria.
($=0.934 euro)