Eurohold Bulgaria's net profit stands at 37.6 mln leva (19.2 mln euros) in Q1 this year, the company states in its non-consolidated report

37.45 mln leva (19.14 mln euros) of the profit comes from the transfer of shares in Euroins Romania (Asitrams Asigurari) to the subsidiary subholding Euroins Insurance Group (EIG). Without this transaction, profit falls to 145,000 leva.

Revenues totaled 551,000 leva, of which 543,000 leva from dividends distributed by Euro-Finance in March.

Eurohold's issued capital is up 23% from 164 mln leva (83.8 mln euros) at the end of 2007 to 201.5 mln leva (103 mln euros) as at the end of March 2008.

The holding's assets reached 263 mln leva (134 mln euros), of which 251.8 mln leva (128 mln euros) is invested in subsidiaries and affiliated companies.

The premium income of the companies in the EIG group stood at 39.2 mln leva (20 mln euros) in Q1.

Euroins's premium income in Q1 stood at 18.7 mln leva (9.5 mln euros), which is a 47% hike y/y – the fastest growth recorded in the past 5 years.

Revenues from MTPL insurance rose the most, by 60% to 7.4 mln leva (3.78 mln euros) compared with 4.6 mln leva a year ago, followed by revenues from Motor Casco insurance, up 46% to 8.3 mln leva compared with 5.7 mln leva last year and Property insurance, up 26% to 1 mln leva against 800,000 leva in Q1 2007.

The gross amount of claims paid in Q1 stood at 5.7 mln leva (2.9 mln euros), compared with 4.3 mln leva for the respective period a year ago ( a hike of a little over 30%).