THE PROFITS of insurance companies operating in Slovakia amounted to EUR 155 million in 2012, which was a 20-percent drop compared to the previous year. The National Bank of Slovakia (NBS) ascribes this decrease to particularly high profits earned by the insurers in 2011.
The result recorded by insurance companies in 2012 is the third highest over the monitored history in terms of profitability, the SITA newswire reported.
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sme.sk. SLOVAKIA: Insurance sector profits down 20%
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