Groupama Biztosító premium revenues up 4% in 2016

Telco

Hungarian insurer Groupama Biztosítóʼs revenue from premiums rose 4.3% to HUF 97.4 billion last year, the unit of Franceʼs Groupama said today, Hungarian wire service MTI reported.

Revenue from premiums on life insurance policies rose 4.3% to HUF 45.3 bln. Revenue from premiums on general policies increased 4.2% to HUF 52.1 bln.

Groupamaʼs market share reached 10.4%, making it the third-biggest player. After-tax profit fell 21% to HUF 5.2 bln. Net assets stood at HUF 28 bln.

ADVERTISEMENT

Voluntary Pension Fund Contributions up 8% in 2023 Figures

Voluntary Pension Fund Contributions up 8% in 2023

Hungarian Lawmakers Ratify Sweden's NATO Accession Int’l Relations

Hungarian Lawmakers Ratify Sweden's NATO Accession

AutoWallis Group to Remain Opel Importer in Hungary, 3 CEE C... Automotive

AutoWallis Group to Remain Opel Importer in Hungary, 3 CEE C...

Hungarians Prioritizing Travel Over Renovations This Year Tourism

Hungarians Prioritizing Travel Over Renovations This Year

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.