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Romania’s BCR Asigurari de Viata VIG posts 34.5 mln lei (7.6 mln euro) 9-mo gross profit

Dec 5, 2012, 3:25:15 PMArticle by Mariya Stanimirova
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December 5 (SeeNews) - Romanian life insurer BCR Asigurari de Viata, a member of the Vienna Insurance Group, said its gross profit amounted to 34.46 million lei ($10 million/7.6 million euro) in the first nine months of 2012.

Romania’s BCR Asigurari de Viata VIG posts 34.5 mln lei (7.6 mln euro) 9-mo gross profit

The insurer provided no comparative figures.

Gross written premiums rose by 5.0% on the year to 275.36 million lei through September, the insurer said in a press release on Monday.

Claims paid by the insurer totalled 21.29 million lei over the period of review.

The company said its market share was 21.35% at end-September. The assets of the insurer rose 32% to 979.43 million lei.

In Romania, Austria's VIG also owns insurance companies Asirom and Omniasig VIG.

(1 euro = 4.5318 Romanian lei)

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