Insurers' revenue from premiums climbs 11.5% in H1

Banking

shutterstock

Hungarian insurers' first-half revenue from premiums rose 11.5% year-on-year to HUF 683.8 billion, data released by the National Bank of Hungary (MNB) on Friday show.

Revenue from premiums on life policies increased 18.1% to HUF 306.3 bln. Premiums revenue from general insurance policies climbed 6.6% to HUF 377.5 bln.

Compulsory vehicle insurance policies brought in HUF 137.8 bln, up 3.5%. Comprehensive vehicle insurance policies generated revenue from premiums of HUF 60.1 bln, up 7.6%.

Home and property insurance premiums revenue increased 7.8% to HUF 75.7 bln.

Revenue from premiums on travel insurance policies plunged 35.9% to HUF 2.4 bln.

ADVERTISEMENT

Századvég raises GDP forecast to 7.8% Analysis

Századvég raises GDP forecast to 7.8%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New editor-in-chief at Betone Studio Appointments

New editor-in-chief at Betone Studio

BFK developing regional cycling strategy City

BFK developing regional cycling strategy

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.