11 nov 2021

Germany’s Allianz group, present in Romania through insurer Allianz-Tiriac, ended the first nine months of 2021 with EUR7.26 billion revenues, 38.9% higher than in the same period of 2020, and more

18 oct 2021

Romania’s insurers at the end of 1H 2010 had over 17 million insurance contracts in their portfolios, up 8% from the year-earlier period, in line with a report by the Financial Supervisory Authority more

15 oct 2021

French-owned Axeria, headquartered in Lyon, plans to enter Romania’s RCA (auto liability insurance) market. more

22 sep 2021

Uniqa Asigurari is getting ready to leave the auto liability insurance (RCA) market and has filed a request to have its license for that revoked to the relevant authorities, Valentin Coroiu, Uniqa more

17 sep 2021

Romania’s Financial Supervisory Authority (ASF) on Friday evening announced it would start bankruptcy proceedings against City Insurance, the largest auto liability (RCA) insurance provider in the more

16 sep 2021

Stakeholders of Euroins Romania, the second largest third party vehicle insurance (RCA) insurer domestically, part of Bulgaria’s Eurohold group, approved a RON120 million capital increase, as well more

8 sep 2021

Uniqa insurer is likely to see the volume of gross underwritten premiums on the retail segment rise by 10-15% this year, above the 8-10% increase the market may register at the end of 2021, according more

31 aug 2021

Omniasig, the biggest company Austria’s Vienna Insurance Group (VIG) owns in Romania, ended the first half of 2021 with a volume of gross underwritten premiums worth RON730 million, more than 10% more

30 aug 2021

Aegon Romania, the domestic unit of international financial group Aegon, ended the first three months of 2021 with a gross underwritten premium volume of RON36.8 million, 21% higher than in the same more

25 aug 2021

Uniqa Asigurari reported gross underwritten premiums worth EUR18.7 million, for the first half of this year, on the non-automotive insurance segment, up 3% from the same period of 2020, while Uniqa more

10 aug 2021

The leu exchange rate is showing strengthening not depreciation and, unlike the floating exchange rate policies of Hungary, Czech Republic and Poland, Romania’s central bank (BNR) kept the exchange more

5 aug 2021

The assets and liabilities of insurance companies increased by 9% to 10% in the first quarter of 2021 compared with the year-ago period, a Financial Supervisory Authority (ASF) report shows. more

2 aug 2021

Allianz-Tiriac ended the first quarter of 2021 with gross written premiums from health insurance of RON41.1 million, 11.4% lower than in the year-ago period and remained the leader of the health more

22 iul 2021

The non-bank financial system assets reached RON143.46 billion in 2020, an increase of 8% year-on-year and accounted for 13.59% of the GDP. This is a new high and 2.27% of it comes from the insurance more

22 iul 2021

Allianz-Tiriac, the third largest insurer in Romania, ended 2020 with RON153.8 million net profit, 1.3% higher than in 2019, which makes it the most profitable insurer of all general and life more

7 iul 2021

The COVID-19 crisis was less severe than bankers feared, and the current scenario is even better than their most optimistic expectations. more

4 iun 2021

Euroins Romania, the second largest auto liability (RCA) insurance provider in the country, is refreshing its insurance products, starting with roadside assistance, comprehensive auto insurance and more

21 mai 2021

Health insurance provider Signal Iduna has signed an agreement to buy insurers Ergo Asigurari and Ergo Asigurari de Viata, after takeover plans by Bulgaria’s Eurohold fell through due to the failure more

6 apr 2021

The leader of the health insurance market in Romania in 2020 was Signal Iduna, with RON126 million gross written premiums, an increase of 27.3% on 2019, followed by Allianz-Tiriac and Groupama. more

26 mar 2021

City Insurance remained the leader of the insurance sector at the end of 2020 on a market that reached RON11.5 billion gross written premiums, an increase of 4.6% on 2019, a Financial Supervisory more

11 mar 2021

The volume of deposits per capita stands at more than RON24,000 in Bucharest-Ilfov, while the lowest volume is in Giurgiu County, RON2,160, 11 times less than in Bucharest, ZF has calculated from more

23 feb 2021

Life insurance, a segment that has significant potential in Romania, reached RON2.22 billion gross written premiums at the end of 2020, 2% lower than in 2019. The gross written premiums, however, went more

17 feb 2021

Health insurance market in Romania ended 2020 with RON451.5 million gross written premiums, Financial Supervisory Authority preliminary data show; premiums have almost tripled in the past five years. more

24 dec 2020

End of a decade. The crisis caused by the COVID-19 pandemic not only marks 2020, but also leaves its mark on the entire decade that is ending, as well as on the first few years of the coming decade. more

1 dec 2020

Insurer Vienna Insurance Group (VIG), which operates in Romania via Omniasig, Asirom and BCR Asigurari de Viata, will increase its share of more than one fifth of the local market, following takeover more