“We estimate 2016 will be a year when results will increase beyond the 2015 level, with a projected growth of up to 5%,” NN’s last year report reads.
The company plans to develop its financial consultant team and all the other distribution channels. The insurer currently sells its products via 2,000 financial consultants, 62 agencies and sales locations.
NN Asigurari saw RON629 million gross written premiums last year, an increase of 2.4% on 2014, as its insurance clients bought more expensive policies.
Gross written premiums continued to increase in the first quarter of this year. NN Asigurari accounts for more than 30% of the life insurance market in Romania.
(English version by Loredana Fratila-Cristescu)