The company’s general manager Marcel Popescu said in a press release that the growth was fueled by a comeback of unit-linked policies, which increased 9% in 2014, as well as by the 10% growth of the average gross premium, and the decrease of the number of clients who gave up their insurance.
ING Asigurari de Viata managed financial assets of RON2.8 billion at the end of 2014, up 12% on the year.
In 2014, the insurer paid its clients benefits worth some RON125.9 million for insured events and for contracts that reached maturity, up 3% on the year. Of this amount, 78% (RON98.2 million) were benefits for contracts that reached maturity.
The insurance company is part of Dutch financial group ING and has been operating on the Romanian market since 1997.