Generali Romania doubles annual profit to EUR 8.8 mln

Generali Romania doubled its net profit last year, which increased from RON 20.1 million (EUR 4.55 million) to RON 39.2 million (EUR 8.88 million), due to personnel cuts by 22 percent and to 7.3 percent compensation, while revenues from underwritings rose by 5.5 percent, according to the insurer. Last year, underwritten premiums totaled RON 462.7 million (EUR 104.8 million), from RON 438.7 million (EUR 99.36 million) ...

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