Insurance premium production down in July

Premium production fell 29 pct in July compared with the same month last year, but was up 0.6 pct in the January-July period, Hellenic Association of Insurance Companies said on Friday.

In a report, the Associatiion said life insurance premium production fell 13.3 pct on a monthly basis, falling for the second successive month, while damage insurance premium production grew 8.1 pct in July, moving up for the third successive month.

In the January-July period, life insurance premium production was down 0.9 pct and damage production was up 2.0 pct compared with the same period last year.