AIG Life: Profit of 24 million lei in H1 of 2008
According to a company release, in euro terms, the volume of gross premiums underwritten amounted to 38 million, up 37%.
The reported gross profit stands at 24 million lei (about 7 million euros), double against the same period of 2007.
According to the source, in less than one year since the completion of the accession campaign to the 2nd pillar of pensions, the AIG Fond de Pensii (AIG Pension Fund) company, whose main shareholder is AIG Life, went up two places as regards the administrated assets, ranking 4th. The fund's customers have one of the highest average monthly contributions, of 9.20 euro.