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BCR Asigurari to cash 13m euros

Insurer BCR Asigurari, held by the financial group Romanian Commercial Bank (BCR), estimates premiums worth over 500bn ROL (12.8m euros) for the entire year 2003, having cashed 423.9bn ROL by the end of September. During the year-ago period, the company had cashed premiums worth 75

Ziarul Financiar · 26 octombrie 2003 · 1 min de citit



Insurer BCR Asigurari, held by the financial group Romanian Commercial Bank (BCR), estimates premiums worth over 500bn ROL (12.8m euros) for the entire year 2003, having cashed 423.9bn ROL by the end of September. During the year-ago period, the company had cashed premiums worth 75.5bn ROL. “As compared with the evolution of the company’s results in the year-ago period, the ratio between cashed and underwritten premiums has improved from 71% in January-September 2002 to 88% in the same interval this year,” Romeo Jantea, chairman of BCR Asigurari, stated. ZF



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