The data are calculated based on International Financial Reporting Standards.

According to prior projections, Generali Asigurari was expecting a 41.93 mln lei net.

Subsequently, Generali Asigurari has also revised downward its business volume target by 7%, from 510.24 mln lei, to 547.8 mln lei, reads the revised report of the insurer to be analyzed by stockholders on April 30.

As compared to last year, the business is expected to soar 22%.

In general insurance segment, the company forecasts premium-driven revenues of 397.3 mln lei, versus 425.53 mln lei projected in the previous estimations.

In life insurance sector, the company sees 112.93 mln lei premium-driven revenues, compared to 122.28 million lei in previous forecasts.

In the same meeting, the shareholders of Generali Asigurari will establish the new four-year member structure of Supervisory Council and payroll.

Last year, Generali Asigurari reported underwritten premiums of 417.5 million lei (113.4 million euros), up 9% from a year earlier.

In life insurance segment, the company reported 85.4 million lei turnover, up 40% from 2007, while gross underwritten premiums in life insurance rose 3%, up to 332.1 mln lei.