Signal Insuranceʼs revenue from premiums rises 31%

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.
ADVERTISEMENT
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.