Economics
Insurance companies pay more compensation in H1
According to a report by the State Financial Institutions Supervision (PSzÁF), insurance companies paid Ft 80.2 billion for compensations in Hungary in the first six months of this year for non-life insurance, which is 6.6% higher than in the same period of 2003. Compensation was especially higher in car liability and the health insurance sector, PSzÁF said. Only half of compensation paid in the first half of 2004 happened actually in that period, the rest were the consequences of damages in 2003, PSzÁF said. (Vg 10) M.K.
