Generali Group premiums revenue climbs to HUF 121 bln in 2015

Weather

The Generali Group in Hungary saw revenue from insurance premiums rise 4.7% to HUF 121 bln last year, the firm reported yesterday, according to Hungarian news agency MTI.

The figure is adjusted to reflect all regular premium payments but just 10% of one-off premiums, the firm said.

According to the report:

• Premiums revenue at Generaliʼs life insurance unit increased 2.4%.

• Premiums revenue in the general insurance segment climbed 5.7% on the back of corporate property insurance and vehicle insurance.

• Premiums revenue from mandatory vehicle insurance policies was up 18.7% and comprehensive policies brought in 9.6% more.

• Generaliʼs biggest unit, Generali Biztosító, had a 15.8% market share. Generaliʼs travel insurance unit took 0.4% market share and online insurer Genertel had 0.6%

ADVERTISEMENT

European e-commerce soars during pandemic - study Analysis

European e-commerce soars during pandemic - study

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors

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.