Insurer Sara Merkur up 20%

Insurer Sara Merkur estimates to collect premiums worth 20% more than last year, when it cashed 84.4bn ROL, Sorina Niculescu, deputy general manager of the company said. “In nine months this year, Sara Merkur cashed premiums worth 14.3% more than in the year-ago period, namely 65.7bn ROL. Life insurance accounted for more than 94% of revenues,” Niculescu added. The company’s portfolio is dominated by mixed life insurance that caters to capital accumulation (80%), followed by individual and collective accident insurance (4.5%) and health insurance (4%). ZF