High Expenses Keep Insurers In The Red

07.23.2014 By Anelis Baciu

Insurance companies are paying 72% of a year’s gross written premiums to their customers in claim settlements, and their operating expenses amount to 42% of their revenue, which means revenue is 14% lower than total costs, according to the Financial Supervisory Authority.

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Keywords:: insurance; , expense; , loss; , cost

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