OREANDA-NEWS. During the first three quarters of this year the life insurance company Bonum Publicum earned LTL 2,99 million in non-audited profit, which is over 2 times more compared to the same period of the last year when it amounted to LTL 1,38 million, reported the press-centre of Ukio bankas. 

During nine months of this year the life insurance premiums signed rose and amounted to LTL 10,57 million showing a 49,3 percent increase compared to the same period of the last year, when the contracts signed totalled LTL 7,08 million.

“The rapid rates of growth were achieved due to investment in the improvement of life insurance products and specialists’ qualification. The financial results show that the clients appreciate regular improvement of Bonum Publicum products. Recently we have focused on new investment directions, which were interesting to the present clients and also attracted new ones interested in investing,” says Bonum Publicum director Rasa Vasiliene-Vasiliauskiene.

Bonum Publicum is one of the most rapidly growing life insurance companies in Lithuania. At present the company holds branches in Vilnius, Kaunas, Klaipeda, Siauliai, Marijampole, Panevezys, Mazeikiai, Silute and Rokiskis.

The life insurance company Bonum Publicum was established on 31 August 2000. Risks assumed by the company are reinsured by the world’s biggest underwriter MUNICH RE. Bonum Publicum authorized capital is LTL 14 million. Ukio bankas owns 100 percent of Bonum Publicum shares.