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Genertel Zrt. (Hungary)

Main Activities: Insurance Carriers
Secondary Activities: Other Insurance Related Activities
Full name: Genertel Biztosito Zrt. Profile Updated: December 20, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English & Hungarian Download a sample report

Genertel Biztosito Zrt. is a member of the Generali Group and is 100% owned by Generali Biztosító Zrt. The company started its operations in 2007 with the sale of compulsory motor liability insurance, followed by the sale of personal insurance (casco, home, passenger, accident insurance) in 2008. The Generali Group has been a pioneer in the direct insurance market in Italy (Genertel) and Germany (CosmosDirekt), gaining significant market share in both countries.

Headquarters
Vaci ut 36-38.
Budapest; Budapest; Postal Code: 1132

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Website: http://www.genertel.hu

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
July 16, 2007
Key Executives
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
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Member of the Supervisory Board
Ownership Details
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Subsidiaries
Assicurazioni Generali S.p.A. (Italy)
Company Performance
Financial values in the chart are available after Genertel Zrt. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency HUF. Absolute financial data is included in the purchased report.
Net insurance premium revenue
14.16%▲
Operating profit (EBIT)
-7.24%▼
Net Profit (Loss) for the Period
-7.46%▼
Total assets
25.08%▲
Investments
19.67%▲
Receivables
15.41%▲
Total equity
45.38%▲
Return on Equity (ROE)
-5.28%▼
Loss Ratio
3.34%▲
Underwriting Expenses Ratio
9.52%▲

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