August 23 (SeeNews) - Austrian insurance group UNIQA said on Wednesday its pre-tax profit from operations in Bulgaria doubled year-on-year to 600,000 euro ($706,700) in the January-June period of 2017.
Premium income from operations in Bulgaria, including savings portion of premiums from unit- and index-linked life insurance, rose to 25.8 million euro in the first six months of the year from 22.5 million euro in the like period of 2016, UNIQA said in its financial report for the first half of 2017.
Gross written premiums from operations in Bulgaria rose 14% on the year to 33.7 million euro.
UNIQA's gross written premiums in the non-life insurance segment in Bulgaria totalled 14.9 million euro in 2016, up 6% year-on-year. Gross written premiums from life insurance rose by an annual 22% to 18.8 million euro.
In Southeast Europe, UNIQA operates in Albania, Bosnia and Herzegovina, Bulgaria, Kosovo, Macedonia, Montenegro, Romania, Serbia and Croatia. The group's pre-tax profit in the region - excluding Romania - rose to 6.7 million euro in the first half of 2017 from 6.2 million euro in the like period of 2016.
($ = 0.8490 euro)