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Aegon TUnŻ looks for new bank partner and plans new outlets over the year

"The first half of the year was not bad, but the second proved to be very good. The result is over zł.1 billion of premiums collected in 2005," stated Aegon TunŻ president Michał Biedzki. At the end of 2004, the value of premiums amounted to zł.614 million. "This year we want to exceed last year's result by several or even 10 to 20%. We plan to receive over zł.700 million from products with a one-off premium. In the remaining segments we are predicting growth of at least 25%," declared Biedzki. The company plans to cooperate more closely with banks. At present, the cooperation with Citibank generates half the value of premiums. Aegon also cooperates with DZ Bank, Santander Consumer Bank and Fortis Bank. "We want to increase this group by at least one more partner. We also intend to develop our own network and add 5-7 new outlets to the existing 15 this year," added Biedzki. The company expects a zł.50 million capital injection from its owners in the first half of the year. (Puls Biznesu, pp. 1, 8) E.B

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