Insurance Activity evolution- 1st Semester 2017
Direct insurance related to the activity in Portugal of insurance companies under the ASF supervision registered, in the first semester of 2017, a 0.6% increase over the same period last year, standing at around€ 5.1 billion. This growth benefited from the increase in non-life insurance (8.3%).
By June 2017, the Solvency Capital Requirement (SCR) and Minimum Capital Requirement (RCM) coverage ratios stood at 182% and 529%, respectively, increasing 27 and 101 percentage points.
Insurance Activity evolution
Pension Funds evolution- 1st Semester 2017
Contributions to pension funds amounted to 444,079 thousand euros in the first half of 2017, representing a 20.5% increase over the same period last year.
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