Generali enjoys booming growth thanks to BRE Bank clients

After six months of this year the life insurance division Generali Życie collected zł.179.2 million of gross contributions, which is 192% more than in the equivalent period of 2004. "This is a result of dynamic market growth in the segment of insurance policies with regular contributions," said Erich Fischer, Generali Życie president. Out of the collected contributions in H1 this year, zł.100 million came from the most wealthy clients of BRE Bank. This is because the insurer has signed a contract with the bank on the basis of which it offers its products as part of the private banking services. This also helped the company to rank number 7 after the six months up from the 12th position just by the end of last year. "We plan to close this year with zł.360 million of gross contributions. We are assuming that more than zł.200 million will come from BRE Bank clients," revealed Jarosław Mastalerz, Generali's member of management board. (Puls Biznesu, p. 10) A.K.