Hungary insurance market grows 1.3% in Q1

Telco

Hungarian insurers' combined revenue from premiums rose 1.3% to HUF 245.3 billion in the first quarter from the same period a year earlier, the Hungarian Insurers Association (MABISz) told MTI on Tuesday. Revenue from premiums on life insurance policies rose 6.6% to HUF 126.7 billion. Revenue from premiums on general insurance policies fell 3.8% to HUF 118.6 billion. The number of insurance policies fell by more than 200,000 to under 10.8m during the period, MABISz said.

ADVERTISEMENT

Lawmakers Approve No-fee Cashback Service Banking

Lawmakers Approve No-fee Cashback Service

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

New Home Prices Edge up 3% Residential

New Home Prices Edge up 3%

Tourism Nights Down 0.2% y.o.y. in October Tourism

Tourism Nights Down 0.2% y.o.y. in October

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.