The value of subscribed pre-tax bonuses of BT Asigurari (Insurances) went up 268% to 20.65 million Euros in the first five months of the year compared to the same period in 2005. For the current year, the value of the bonuses is forecast at 51 million euros.

The company also announced the closure of the first phase in the increasing of the social capital, with 1.85 million Euros, up to 7.58 million Euros.

The general insurances amounted to 93.6% of the total policies value while life insurances make up 6.4%, up 343% compared to the same period last year. The representatives of BT Insurances estimate that the total value of the subscribed pre-tax bonuses will reach 51 million Euros, up 75% compared to the end of the previous year.

BT Asigurari owns 211 local units for retail sale, 13 regional centers and emplyes 6400 sales agents. The major shareholder is Banca Transilvania with 79.88% of the company, while the rest belongs to SIF Banat Crisana (10%) and to other physical persons.