Revenue from premiums on life insurance policies was down 2.6% at HUF 115.5 bln, while revenue from premiums on general insurance policies rose 6.5% to HUF 132.3 bln.
Revenue from premiums on mandatory vehicle insurance grew 14.6% as policy numbers increased 3.9%. Revenue from premiums on comprehensive vehicle insurance rose 6.9% as policy numbers edged up 1%.
This was the first instance in which data from Cardif Életbiztositó Magyarország and Cardif Biztositó Magyarország was incorporated in the dataset, MABISZ noted.
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