Italy, Spain and Southeastern Europe
Responsibility for our client relationships in this region traditionally rests with our service offices in Milan and Madrid; we concentrate here on conventional risk-oriented covers, which are complemented by reinsurance solutions with financing characteristics.
The premium volume of EUR 82.6 million climbed by 8.0% in the year under review relative to the previous year’s figure of EUR 76.5 million. Profitability in these markets remains favourable.