The company underwrote gross premiums of RON34.6 million in the first nine months of 2015, down 4.7% from RON36.29 million in the same period a year before.
Grawe Romania assets totaled RON373.2 million in the first nine months, up 6.48% compared with January-September 2014.
In 2015, Grawe Romania paid total claims of RON1.55 million, while for contracts that reached maturity, the company paid its clients benefits worth RON4.55 million.
The company announced it will be managed by a two tier board structure including an Executive Board and a Supervisory Board as of November 11, for a more effective management process.
Grawe Romania has been operating on the local insurance market since 2000.