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Hungarian insurers' gross premiums rise more than 11%

Posted On: Sep. 19, 2019 6:49 AM CST

A report by the central bank of Hungary said that local insurers' gross written premiums grew 11% to 591.5 billion Hungarian forints ($2 billion) in the first half of the year, Forinsurer reports. Risk insurance premiums increased 17.5% to HUF 333.6 billion. The insurers' net profit fell more than 1% year-over-year to nearly HUF 40 billion.

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