The value of managed assets stood at RON554.2 million at the end of March, up 47.3% on the year, the insurer said in a news release.
Its operating profit stood at RON7.1 million in the first quarter of 2011.
BCR Asigurari de Viata is a member of the Vienna Insurance Group (VIG), which also owns BCR Asigurari, Omniasig and Asirom on the Romanian market.
VIG reported a loss before taxes of EUR5 million in Romania in the first quarter, compared to a profit of EUR7.4 million in the same period a year ago, as gross underwritten premiums dropped 2%, to EUR144.5 million. (EUR1=RON4.1091)