The volume of brokered premiums was RON223.9 million in the first three months of 2024, down 3.8% on the year. The gross brokerage fee was 11.3% in the analyzed period, 3% below the 14.4% level reported in Q1/2023.
Transilvania Broker de Asigurare has a market capitalization of RON94 million and is 36.1%-owned by Gabriel Login, while Dan Niculae holds 20.7% of the shares.
TBK shares have lost 17.1% so far in 2024, amid deals worth RON10.2 million, as per stock market data.