60m-euro premiums for ING Asigurari

ING Asigurari de Viata (ING Life Insurance) reported premiums underwritten worth 213.1 million RON (some 60 million euros) for the first six months, a 12.3% increase against the similar period of 2005. In the same interval, the insurer’s net profit increased by 40.5%, reaching 17.7 million RON (4.9 million euros), reads a company release. “ING Asigurari de Viata has maintained its position as the leader of the life insurance market, with a confirmed market share of 37.9%,” said the company’s general manager, Bram Boon. The assets managed by the company increased by 36.2% in the first six months of the year, exceeding 1.05 billion RON. In the first six months of the year, the total value of indemnities paid to ING Asigurari de Viata exceeded 60 million RON. According to company representatives, ING’s top priorities in the coming months will be its involvement in the fields of financial protection and pensions reform.