CIG Pannonia Life Insurance Plc.
- Introduction
- Trading data
- Financials
- Shareholders, management
- Publications
- Product features
- Research
| Full Name | CIG Pannonia Life Insurance Plc. | ||||||
| Short name | CIG Pannonia Life Insurance Plc. | ||||||
| Sector | Insurance | ||||||
| Contact |
HU-1097 Budapest, Könyves Kálmán krt. 11. B épület
Phone: +36 70 372 5138
Fax: +36 1 247 2021
Web: www.cig.eu
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| Investor Relations | |||||||
| Auditor | MAZARS Könyvszakértő és Tanácsadói Korlátolt Felelősségű Társaság (Auditor: Molnár Andrea Kinga) | ||||||
| Business activity | The Company was founded at the end of 2007 by well-known and acknowledged public figures and insurance experts from Hungary, its original name was CIG Central European Insurance Company Ltd and started its operation in 2008. In autumn 2010 the Company became a public limited company and since then it operates in Hungary under the name CIG Pannónia Life Insurance Plc. The products and services of the Company offer solutions for the different needs of the clients appearing from the different life situations and also give opportunity for the responsibly thinking employers to take care of their employees. Its leading products are the unit-linked life insurances and the pension insurances but CIG Pannónia also sells traditional life insurance, funeral insurance, endowment and term life insurance products and health insurance. Its subsidiary do non-life insurance business not only in Hungary but also in many European countries through cross border services and focuses only on those niche markets on which it can develop competitive products for clients and able to sell them effectively. | ||||||
| Listed securities of the issuer |
|
| Basic Information | |
|---|---|
| Ticker | CIGPANNONIA |
| ISIN | HU0000180112 |
| Date of listing | 08 Nov 2010 |
| Currency of trading | HUF |
| Face Value | 33 HUF |
| Number of securities listed | 94,428,260 |
| Market Capitalisation (HUF million) | 33,994 |
| P/BV | |
|---|---|
| P/BV* | 1.5529 |
* Calculating based on the capitalisation of the actual series only
| Performance | |
|---|---|
* annualized yield
Key annual data
audited, consolidated, IFRS; Business Year: January 1 - December 31| 20231 | 20241 | |
|---|---|---|
| (thousand HUF) | (million HUF) | |
| Total revenues | 21,348,986 | 27,294 |
| Operating Profit (EBIT) | 1,735,1662 | -1,6812 |
| Net income from financial activities | 1,901,4483 | 2,9603 |
| Profit before tax | 3,636,614 | 1,182 |
| Profit after tax | 2,878,397 | 1,279 |
| Dividend per (ordinary) share | 33 HUF | 0 HUF |
| Fixed Assets | 137,395,4304 | 174,8294 |
| Total liabilities | 120,989,264 | 161,782 |
| Share capital | 3,116,133 | 3,116 |
| Shareholders equity | 23,263,921 | 21,890 |
| Total assets | 144,253,185 | 183,672 |
| Number of employees (at business year end) | 186 | 186 |
- (1) audited, consolidated, IFRS; Business Year: January 1 - December 31
- (2) profit before tax - net income from financial activities
- (3) investment income (expenses) + change in the fair values +share of the profit on investments by equity method
- (4) immat.javak+ing. gépek,berendezések +használatijog-eszközök+ értékesítheto püi eszk. + ul életbiztosítások szerzodoi javára végrehajtott befekt. + püi. eszk. - befektetési szerzodések + püi. eszk. - beagyazott derivativak+befekt. közös vez vállalatban
Selected financial ratios
Ratios are based on data submitted by the company| 2023 | 2024 | |
|---|---|---|
| Equity Ratio | 5.2 | 7.39 |
| Return on assets (ROA) | 0.12 | 0.06 |
| Return on equity (ROE) | 0.02 | 0.01 |
Mid-year reports
non-audited, consolidated, IFRS; Business Year: January 1 - December 31| Key P&L Figures | Jan 2023 - Jun 20231 | Jan 2024 - Jun 20241 |
|---|---|---|
| (thousand HUF) | (thousand HUF) | |
| Net sales | 9,951,9922 | 11,996,9322 |
| Operating profit (EBIT) | -301,5773 | 697,8653 |
| Net income from financial activities | 890,6944 | 1,349,7354 |
| Profit before tax | 1,175,6875 | 2,184,7555 |
| Profit after tax | 589,117 | 2,047,600 |
| Key Balance Sheet Items | 30 Jun 2023 | 30 Jun 2024 |
|---|---|---|
| (thousand HUF) | (thousand HUF) | |
| Fixed Assets | 123,771,305 | 152,933,544 |
| Intangible Assets | 908,110 | 926,359 |
| Tangible assets | 478,2276 | 314,0766 |
| Invested financial assets | 122,322,8277 | 151,693,1097 |
| Current Assets | 6,976,5498 | 6,614,4348 |
| Inventory | 0 | 0 |
| Total assets | 130,747,854 | 159,547,977 |
| Shareholders equity | 18,726,385 | 22,102,583 |
| Share capital | 3,116,133 | 3,116,133 |
| Long-term liabilities | 106,952,7259 | 132,363,1829 |
| Short-term liabilities | 5,068,74410 | 5,082,21310 |
| Total liabilities and shareholders equity | 112,021,469 | 137,445,395 |
- (1) non-audited, consolidated, IFRS; Business Year: January 1 - December 31
- (2) biztosítási bevétel
- (3) adózott eredmény - pénzügyi tevékenység nettó eredménye
- (4) befektetési eredmény + pénzügyi eredmény
- (5) mérleg szerinti eredmény - adóráfordítások(bevételek)
- (6) ingatlanok, gépek és berendezések + használati jog-eszközök
- (7) társult vállalatok + befektetési egységekhez kötött (unit-linked) életbiztosítások szerződői javára végrehajtott befektetések + pénzügyi eszközök - befektetési szerződések + pénzügyi eszközök - határidős ügyletek + egyéb pénzügyi eszközök valós értéken
- (8) halasztott adó követelések + biztosítási szerződésekből származó eszközök + viszontbiztosításból származó eszközök + egyéb eszközök és elhatárolások + egyéb követelések + pénzeszközök és pénzeszköz-egyenértékesek
- (9) biztosítási szerződésekből származó kötelezettségek + pénzügyi kötelezettségek - befektetési szerződések
- (10) viszontbiztosításból származó kötelezettségek + lízing kötelezettségek + céltartalékok + egyéb kötelezettségek + tőketulajdonosokkal szembeni kötelezettség
| Shareholders exceeding 5% stake with respect to the listed series | ||
|---|---|---|
| Name | Shareholding (%) | Share piece |
| Hungarikum Biztosítási Alkusz Zrt. | 58.73 | 55,460,487 |
| Free Float: 41.27% | Last update: 25 Feb 2025 | |
| Note: When determining the Free Float for a particular series, all the securities of the company shall be regarded to be publicly held other than (i) the stock of securities held by holders with direct holdings of more than 5% of the total number of securities, (ii) securities in the possession of custodians, provided the certificate available to the custodian verifies that the particular person holds more than 5% of the total number of securities outstanding belonging to the series. The value of the free float is based on the data provided by the issuer. | ||
| Management | |
|---|---|
| Management Board | Dr. BOGDÁNFFY Péter (chairman), Dr. FEDÁK István, Dr. DAKÓ Gábor |
| Management | dr. FEDÁK István (CEO), dr. DAKÓ Gábor Miklós (Deputy CEO), SZŰCS Árpád (Deputy CEO), KŐRÖSI Zoltán (Deputy CEO), KÓKA Antal (Deputy CEO), dr. KOZMA Dávid (Deputy CEO) |
| Supervisory Board | TIMA János (chairman), VADA Erika, GINZER Ildikó |
| Last update: 11 Jun 2024 | |
| Publication | Report |
|---|---|
| 17 Apr 2025 13:13 | CIG Pannonia Life Insurance Plc. - Annual Report 2024 |
| 30 May 2025 07:00 | CIG Pannonia Life Insurance Plc. - Quarterly Report Q1 2025 |
| 17 Apr 2025 13:20 | CIG Pannonia Life Insurance Plc. - CG Declaration 2024 |
| Publication | Green framework |
|---|---|
| 19 Apr 2023 06:08 | publication of the Sustainability Report of CIG Pannónia Group for the year 2022 |
| Publication | Articles of Association |
|---|---|
| 24 May 2024 14:50 | publication of the current Articles of Association of the Company |
| Publication | Voting rights, registered capital |
|---|---|
| 31 May 2025 14:22 | Number of voting rights and the amount of registered capital at CIG Pannonia Life Insurance Plc. - 31 May, 2025 |
| Publication | Corporate Action Timetable |
|---|---|
| 31 Dec 2024 09:44 | Corporate Action Timetable of CIG Pannonia Life Insurance Plc for 2025 |
| Name of security | CIG Pannonia share |
| Issuer | CIG Pannonia Life Insurance Plc. |
| Equity class | Ordinary share |
| Type of security | Registered |
| Form of security | Dematerialised |
| Code of security (ISIN) | HU0000180112 |
| Ticker symbol | CIGPANNONIA |
| Face value | 33 HUF |
| Number of securities listed | 94,428,260 |
| Rights to dividends | Full year |
| Listing date | 08 Nov 2010 |
| First Trading Day | 08 Nov 2010 |
| Market | Prime |
| Trading Unit | |
| Currency of trading | HUF |
| Trading time | |
| Listing price | 938 |