Sace closed the first half of 2013 with a net profit of 313,9 million euros, more than doubled compared to the 124,8 million of the same period last year. Insured volumes amounted to 4,3 billion, an increase of 14% compared to the first half of 2012. The technical account result was positive for 169,9 million. The result of the non-technical account grew to 279 million (+49,3%), due to the positive trend in financial management.
"In a macroeconomic scenario characterized by widespread fragility also towards a growing number of emerging economies - said Alessandro Castellano, CEO of Sace - the growth in insured volumes, in contrast with the market, and the results for the first half demonstrate how the solidity Sace's economic and financial position continues to be an important resource at the service of the 25.000 companies, mainly SMEs, which have already chosen us as a partner to strengthen their investment capacity and mitigate the political and commercial risks to which they are exposed”.
