Growth of over 24% for AON Romania
AON Romania insurance brokerage company has intermediated in 2007 a volume of underwritings of EUR 27.73 million (RON 92.56 million), which represents a growth of 24.48% in RON in comparison with the same period of the last year.
The companies' portfolio is dominated by motor insurance (74.25%), generating revenues from intermediation operations of about EUR 20.59 million (RON 68.72 million), of which CASCO insurance represents 54.25%, bringing revenues from intermediations of EUR 15.05 million (RON 50.21 million).
Other insurance classes that had a substantial contribution to the growth registered by the company are the fire and other natural catastrophes insurances, which represent 10.98% of the total portfolio with intermediations of 3.05 million EUR (RON 10.17 million); and TPL insurance - with a percentage of 4%, which generated business of over EUR 1.11 million (RON 3.70 million).
"2007 was a year of important development of the brokerage market and diversifying the services offered by this through the apparition of the private pensions. The growth of the volume of underwritings mediated by brokers reflects the fact that the market is more mature and a growth of the degree of understanding of the need of being insured by the clients - and by the insurers - the advantages offered by using brokerage companies", Karina ROSU, CEO, AON Romania stated.
The complete results of the Romanian insurance market can be found only in PROFILE Insurance Review 1/2008.
Author: Vlad BOLDIJAR
on 04.04.2008
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