BOSNIA: net profit of ASA Osiguranje rose by almost 14% in 1H

20 September 2021 — Marina MAGNAVAL
Bosnian insurer ASA Osiguranje's net profit rose to BAM 1.47 million (~EUR 752,000) in 1H (vs BAM 1.29 million in the same period last year), which is about 14% more y-o-y, SeeNews reports.

GWP of the company increased by 20.3% to BAM 22.6 million in the first half of 2021, as ASA Osiguranje said. Operating expenses of ASA Osiguranje in the first six months increased to BAM 6.8 million (vs BAM 6.2 million in the corresponding period of 2020).

ASA Osiguranje has been operating in the market since October 2007. It is part of ASA Group, consisting of 20 companies working in consulting, marketing, and financial services as well as imports and sale of motor vehicles and auto parts.

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