Marsh sold 234.9 million lei (EUR50 million) worth of insurance policies in the first half, while Safety Broker sales stood at RON234.6 million, according to the Financial Supervisory Authority (ASF) data.
Marsh’s revenue went up about 2% in the first half compared with the year-ago period, while Safety Broker’s only 1%. The third leading broker was Transilvania Broker, which sold RON171 million worth of insurance policies. Transilvania Broker’s revenue shrank by about 3% in the first half compared with the first half of 2017.
Out of the top ten brokers, five posted decline in revenue, due to the lower average premium of auto liability insurance (RCA) policies. Overall, the insurance brokers’ sales dropped almost 2% to RON3.1 billion in the first half.(EUR1=RON4.6643)
(English version by Loredana Fratila-Cristescu)