With profits before taxes amounting to 2.25 million euros and with an increase in the production of insurance premiums, assets, investments and reserves, the first half of 2024 closed for the insurance company Interlife AAEGA, which also presented high solvency indicators.

In more detail, according to today’s announcement by the company, profits before taxes for the first half of the year amounted to 2.25 million euros (currently compared to 13.5 million euros in the corresponding period of 2023). Written premiums reached 51.13 million euros (+8.82%) compared to 46.99 million in the corresponding period last year, while earnings increased to 48.28 million (+14.13%) compared to 42.30 million in the last half-year.

The assets amounted in the six months to 321.27 million euros, having already exceeded by 4.91% the corresponding figures of the entire fiscal year 2023 (306.22 million). Reserves reached 174.65 million, against 161.10 million in the whole of 2023. Investments amounted to 302.5 million (+ 5.17%), while in the whole of last year 287.62 million had been invested The main investments of the company’s investment portfolio on 30/06/2024 mainly concerned bonds and interest-bearing bonds of the Greek Government (+52%) followed by mutual funds (21%), real estate (10%) , cash on hand (9%) and listed shares (8%).

As for the rest, the Solvency Capital Requirement (SCR) and Minimum Solvency Capital (MCR) ratios stood at 160.60% and 612.54% respectively. In addition, the production of insurance premiums on 30/9/2024 amounted to 75.32 million, (an increase of 8.45% compared to the corresponding 9 month 2023). The production in the vehicle liability insurance sector amounted to 37.92 million (increase of 7.70% compared to the corresponding 9 month 2023) and the production of other non-life branches amounted to 37.40 million euros (increase of 9.22% compared to corresponding to 9 months 2023)