European Reliance reports higher nine-month results
European Reliance on Thursday said its pre-tax profits grew 3.5 pct to 9.271 million euros in the January-September period, from 8.956 million in the same period last year.
The insurance company said premium production rose 5.4 pct to 128.803 million euros, from 122.204 million last year, while the company's net position grew 11.3 pct to 76.763 million euros.
Assets grew 9.3 pct to 346.639 million euros, while cash reserves rose 8.2 pct to 253.580 million euros. European Reliance said its workforce grew by 4.4 pct to 405.
