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Our customer service model
Your Insurance Intermediary will be there for you 24/7 consistently guiding you through difficult decisions.

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PRESS OFFICE

Press Releases

Get informed about the news of our Company

INCREASE OF ALL FINANCIAL FIGURES IN Q1 2015

Profits pre-taxes to €2,8 mm
Gross written premiums to €43,5 mm
European Reliance improved its finances in the 1st quarter of 2015 in relation to the correspondent of 2014, continuing the growth path of the last years.

More specifically, the company achieved:
  • An increase of profits pre-taxes by 115,4% amounting to €2,8 mm compare to €1,3 mm the same period last year.
  • Increase of the gross written premiums by 6,1% to €43,5 mm compare to €41,0 mm the same period of 2014.
  • Increase in the Total Assets by 0,9% to €332,8 mm compare to €329,8 mm in December 2014.
  • Increase of net worth by 4,0% to €74,5 mm compare to €71,6 mm on 31/12/2014.
  • Increase of its reserves by 2,6% to €240,4 mm in relation to December 2014.
Administrative and selling expenses were configured at €5,6 mm, unchanged in relation to the 1st quarter of 2014.
Additionally, the Company has further increased its employees by 15.2%, with total employment amounting to 424 against 368 in March 2014.

For more information, please visit the company΄s ir website at ir.europaikipisti.gr.

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