At the beginning of the year, the company estimated its underwritings would hike 5% in January-September.
In November, ING Asigurari de Viata said it underwrote premiums of RON449.4 million in January-September 2014, up 10% from the same period in 2013, while its gross profit surged 87% to RON25.4 million.
In the mentioned timeframe, the insurer paid its clients benefits worth some RON94 million for insured events and for contracts that reached maturity, up 9.2% from the year-earlier period. Of this amount, 67.4% (RON73.6 million) were benefits for contracts that reached maturity.
Popescu added that the company estimates underwritings of EUR145 million in 2015, up 5% on the year.
ING Asigurari de Viata is the largest local life insurer by 2013 underwritings, which stood at RON559.6 million, 2.8% higher than in 2012. The insurance company is part of Dutch financial group ING and has been operating on the Romanian market since 1997.