On the other hand, the volume of the indemnity paid to clients set to RON9 million, similar with the first semester of 2015.
In the first semester, Grawe ranked 9th among life insurance companies.
Grawe Romania, held by Austrian group Grazer Vesicherung, has been operating on the local market for 15 years and employs over 80 people.
Life insurance companies sold nearly RON840 million worth of policies in the first semester, according to Financial Regulatory Authority ASF.
(English version by Manuela Panescu)