Reinsurer Sava Re's Profits Down Nearly 95%
Ljubljana, 29 May - Reinsurer Sava Re generated EUR 232,000 in net profit in the first quarter of 2009, which is 94.7% less than in the same period last year, according to unaudited and unconsolidated data. Gross reinsurance premiums increased by 49.1% to EUR 48.93m, while gross damages were up 43% to EUR 24.32m, the company reported on Friday.
The rest of this news item is available to subscribers.
The news item consists of 569 characters (without spaces) or 118 words words.
Buy the news item. Price: 2 tokens; on account: 0 tokens.