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CIG Pannonia Eletbiztosito Nyrt. (Hungary)

Main Activities: Insurance Carriers | Direct Life Insurance Carriers
Full name: CIG Pannonia Eletbiztosito Nyrt. Profile Updated: September 29, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English & Hungarian Download a sample report

CIG Pannónia Életbiztosító Nyrt. (CIG Pannónia Life Insurance Plc.) is a Hungarian insurance company, headquartered in Budapest. The company is founded in 2007, under the name of CIG Közép-európai Biztosító Zrt. Its became a public limited company in 2010 and start to operate under the name CIG Pannónia Életbiztosító Nyrt. The company requested to be listed and entered on the Budapest Stock Exchange (BSE) In the end of 2010, with B category of shares, named – CIGPANNONIA. The company was established with the aims to carry out insurance activities and activities auxiliary to financial services. The Issuer is presently engaged in the life insurance business in Hungary, Romania and Slovakia. The leading product offered by CIG in Hungary is unit-linked life insurance. Through its subsidiaries the company operates in the areas of life insurance, individual investment portfolios, investment instruments, motor vehicles, travel, property and liability insurance.

Headquarters
Konyves Kalman korut 11. B. ep.
Budapest; Budapest; Postal Code: 1097

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Website: http://www.cigpannonia.hu

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
October 26, 2007
Key Executives
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Member of the Supervisory Board
Subsidiaries
CIG Pannonia Elso Magyar Altalanos Biztosito Zrt.
CIG Pannonia Kozvetito Zrt.
CIG Pannonia Szolgaltato Kozpont Kft. v.a.
Company Performance
Financial values in the chart are available after CIG Pannonia Eletbiztosito Nyrt. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency HUF. Absolute financial data is included in the purchased report.
Net insurance premium revenue
-93.28%
Operating profit (EBIT)
-68.29%
Net Profit (Loss) for the Period
137.96%
Total assets
11.01%
Investments
17.62%
Receivables
-96.64%
Total equity
162.22%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
-1.26%
Loss Ratio
-350.43%

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