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Oct 16, 2007 13:53 EEST
October 16 (SeeNews) - Slovenian insurance company Zavarovalnica Maribor on Tuesday reported a 11.8% annual rise in its gross premium income for the first nine months of 2007 to 182.9 million euro ($259 million).
Premium income from life insurance through September rose by 17.01% on the year to 47.8 million euro and non-life insurance income totalled 135.1 million euro, up 10.07% year-on-year, the insurer said in a statement.
The company said it had paid 97.9 million euro in claims in the first nine months of 2007, but gave no comparative figures.
Zavarovalnica Maribor ranked third among Slovenian general insurers at the end of 2006 with a market share of 12.2%. Seventeen insurers operated in Slovenia, a country of two million people, at the end of last year.
Zavarovalnica Maribor offers a number of services on the domestic market, including life-insurance policies, covering of damages caused by natural disasters, car insurance policies, home insurance, accident insurance and business insurance policies.
($ = 0.71 euro)
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