Interamerican sees growth on life insurance segment

The Interamerican insurance company underwrote gross premiums worth some 4.7 million euros (over 16.6 million RON) in the first quarter, against the 4.6 million euros seen in the same period of last year. The company has witnessed a 43% growth in euros on the life insurance segment, seeing premiums worth some 2 million euros against approximately 1.4 million euros (5.2 million RON) in gross premiums underwritten for the same period of 2005. The premiums from general insurance went down by 15% against the first quarter of 2005, to 2.7 million euros. Interamerican sold traditional life insurance policies worth 1.8 million euros (6.4 million RON) in the first three months of the year, some 35% more in euros compared with the first quarter of last year. ZF