Insurersʼ profits up by just over 11%

Telco

Profits of Hungarian insurance companies rose 11.6% to HUF 30.7 bln last year, but were still just half pre-crisis levels, the head of the Hungarian Insurers Association (MABISZ) said at a conference on Wednesday, news agency MTI reported. 

Revenue from premiums rose 4.2% to HUF 834 bln, Anett Pandurics said at the insurance conference organized by Portfolio.hu. Market share of the five largest insurers dropped one percentage point to 58.5%, she added.

ADVERTISEMENT

Corvinus University, OTP Launch Joint Mentoring Program Banking

Corvinus University, OTP Launch Joint Mentoring Program

Lawmakers Could Ratify Sweden's NATO Accession on Feb 26 Int’l Relations

Lawmakers Could Ratify Sweden's NATO Accession on Feb 26

DVM Group Strengthens With 2 New Directors Appointments

DVM Group Strengthens With 2 New Directors

Number of Chinese Tourists in Hungary Quadruples From Pre-CO... Tourism

Number of Chinese Tourists in Hungary Quadruples From Pre-CO...

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.