Last year, clients showed higher interest in traditional products, which accounted for 75% of total underwritten premiums, versus 67% in 2011, ING Asigurari said in a press release Wednesday.
The insurer’s solvency margin is 1.25, above the minimum required level of 1. Its liquidity ratio is 4.65 (the required minimum level is 1).
At the end of 2012, ING Asigurari managed financial assets of RON2.3 billion, up 11% on the year.
ING Asigurari de Viata, part of Dutch group ING, is the largest insurer in Romania. Its main competitors are BCR Asigurari de Viata, owned by Austrian insurer Vienna Insurance Group, and Metropolitan Life Romania, controlled by U.S. group MetLife. (EUR1=RON4.387)