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10.03.07 VAB Life insurance company has disclosed index of investment income received from placement of provisions in 2006
The result of financial activity conducted by VAB Life insurance company during 2006 was increase in the amount of insurance sums and amount of insurance payments on life insurance agreements by the amounts (bonuses) of investment income from placement of provisions received in 2006.
Following 2006 results investment income on accumulation insurance agreements comprises 13,6%, which exceeds previous year level of inflation and confidently competes with deposit rates for individuals, which are offered by the majority of Ukrainian banks.
In its life insurance agreements VAB Life insurance company guarantees maximum envisaged by legislation level of investment income, which comprises 4%. Investment policy chosen by the Company allowed additional earning of 9,6% of investment income, which more than by twice exceeds the guaranteed one.
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