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AIG Pension Fund climbed up to position 4 in the ranking of pension companies, after the first collection round


AIG Pension Fund, the mandatory private pension company (pillar II) ranking sixth in terms of number of participants (with over 261,000 clients in the administered fund), climbed spectacularly to position 4 after the first contribution collection round carried out today. Thus, AIG went from a 6.3% market share according to the number of participants, to 7.3% after the first contribution transfer.

"We collected RON 6,439,148, so we rank fourth, which means that our strategy focused on efficiency and quality was successful. We exceeded INTERAMERICAN and AVIVA by far and we are very close to GENERALI", stated Mihai COCA-COZMA, CEO of AIG Pension Fund for portal www.privatepensions.ro.

In other words, AIG was the second winning company after the first contribution collection round today, together with ING (the market leader), that went up from a 33.2% market share in terms of number of participants to 38.3% after the first contribution round.

CNPAS is transferring today a total of EUR 24.2 million to the 14 mandatory pension funds, while the empty accounts on the market amount to a little more than 961,000.

05.07.2008

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