26 Martie 2010
Omniasigs 2009 profit slumps 69%
General insurance company Omniasig, held by Vienna Insurance Group, said its 2009 revenues dropped 5.68% year-on-year to 1.114 billion lei (€263 million), while profit slumped 68.7% from 2008 to 52.73 million lei.
Omniasig recorded a pre-tax profit of 52.73 million lei (€12.4 million) in the trailing year, down 68.7% from 168.59 million lei (€320 million) pre-tax profit a year earlier.
“The few-percentage point drop in gross premiums written reflected the connection between the insurance industry and other recession-hit markets such as automotive, leasing, banking and real estate”, the insurer said in a release.
Insurance claims totaled 904.96 million lei (€213.57 million), up 21.71% from a year earlier. Car insurances accounted for 81.04% in the company’s 2009 profit.
“The few-percentage point drop in gross premiums written reflected the connection between the insurance industry and other recession-hit markets such as automotive, leasing, banking and real estate”, the insurer said in a release.
Insurance claims totaled 904.96 million lei (€213.57 million), up 21.71% from a year earlier. Car insurances accounted for 81.04% in the company’s 2009 profit.