Signal Insuranceʼs revenue from premiums rises 31%

Telco

The revenue from premiums of Signal Biztosító Zrt., the Hungarian subsidiary of German Signal Iduna Group, saw a 31% rise in revenue last year, to reach HUF 23.2 bln, the company announced yesterday.

Revenue from life insurance premiums increased from HUF 11.7 bln to HUF 16.8 bln, with market share in the segment reaching 3.7%, while revenue from premiums in the first quarter of this year was close to HUF 6 bln according to the firm.

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