Insurers' premiums revenue climb over 10% in 2021
Image by Shutterstock.com
Hungarian insurers' revenue from premiums rose 10.4% to nearly HUF 1.33 trillion in 2021, state news wire MTI reports, citing data released by the National Bank of Hungary (MNB)
Revenue from premiums on life insurance policies increased 13.6% to HUF 602.8 billion. Revenue from premiums on general insurance policies rose 7.9% to HUF 726.8 bln.
According to the reports, from premiums on compulsory vehicle insurance policies increased 3.3% to HUF 255.1 bln. Revenue from premiums on comprehensive vehicle insurance policies rose 9.4% to HUF 120 bln.
Revenue from premiums on home insurance policies climbed 7.9% to HUF 150.6 bln.
ADVERTISEMENT
Corvinus Ranked Among Top Business Schools in Europe
Orbán Participates at Milei Inauguration in Buenos Aires
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.
