Grawe Hrvatska published financial results for 2011


GRAWE Hrvatska, the first international insurance company registered in Croatia, published financial results for 2011.

Despite the unstable economic surrounding and somewhat lower premium compared to 2010, GRAWE Hrvatska realized solid return for its beneficiaries, thanks to the careful capital investment policy and decreased costs. In nearly twenty years of its operations on the Croatian market, it secured profit for its life insurance beneficiaries every year, which characterizes every stable and successful company of this kind. Level of company solvency is nearly twice higher than legally proscribed level and amounts to 192 percent (170 percent for life insurance, 275 percent for non-life insurance).