Grawe grows as planned

Insurance policies underwritten by Grawe Romania surged 83% in Q1 2004, reaching 38.7 billion ROL, according to the company’s general manager Peter Kasyk. The insurer itself collected 27.5 billion ROL, up 82% from March 2003. “The constant growth posted by premium-related revenues, which come exclusively from life insurance, proves that very good results can be attained on the local market even without an aggressive policy, by offering accessible minimum premiums and controlled costs. The growth is mainly due to our ten partner brokers,” Kasyk said. Mediafax