BCR Asigurari 9-Mth Subscriptions Exceed 2006 Total

F.A.
Ziarul BURSA #English Section / 1 noiembrie 2007

Nine months through 2007, insurer BCR Asigurari reported gross subscribed premiums in excess of 454 million RON (some 135 million EUR), up by 52.86% y/y. Car insurance (full and optional) accounted for 57.47%, followed by loan insurance with 30.49% and property insurance with 9.37%. Property insurance gained some 40% y/y, whereas accident insurance landed a significant 48% increment. Full car insurance (CASCO) advanced 42% y/y, whereas revenues from mandatory car insurance tripled to 110 million RON. BCR Asigurari has some 700,000 customers, of whom 87% are individuals. BCR Asigurari offers only non-life insurance.

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