cauta in site

3Q 2010 PRELIMINARY RESULTS

3Q 2010 PRELIMINARY RESULTS

3Q 2010 PRELIMINARY RESULTS

At the end of 2006, the market was recording a volume of EUR 1.6 billion and, accustomed to double-digit increases, we were expecting for the year 2007 to bring the surpassing of the EUR 2 billion psychological threshold.

In 2008, the market was ending the year with EUR 2.4 billion underwritings, the EUR 2 billion had already become history, an exceeded psychological threshold. In the same year, we had heard about the crisis, but we were not feeling its effects. Its direct effects.

{filelink=10}