Articles 1 - 25 of 51 by " Mircea Nica"
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Groupama Remains Leader of Romania Insurance Market in 2024
2 apr 2025
Groupama at end-2024 reached a gross underwritten premiums volume of almost RON4.4 billion, up 7% from 2023 and remains leader of the entire local insurance market, in line with data published by the more
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Millenium Insurance Broker Ends 2024 with almost RON2.5M Net Profit. Around 85% of Profit Will Go To Shareholders
27 mar 2025
Millenium Insurance Broker, among the 10 largest players on the local market, recently listed on the AeRO market of the Bucharest Stock Exchange, ended 2024 with net profit worth a little above more
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Transilvania Broker Hits RON8.7M Profit in 2024, Set to Distribute RON3M Worth of Dividends
27 mar 2025
Transilvania Broker, the fourth largest insurance broker locally, ended 2024 with net profit of around RON8.7 million and plans to distribute RON3 million worth of dividends to shareholders, at a more
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UNIQA Asigurari And UNIQA Asigurari De Viata End 2024 With EUR144M Gross Written Premiums Together
20 mar 2025
UNIQA insurance companies in Romania, which are part of the Austrian group by the same name, ended 2024 with gross written premiums of EUR144 million, an increase of 20% on 2023. They also made EUR16 more
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VIG’s Insurers In Romania Generated More Than EUR900M Gross Written Premiums In 2024, Up 25% On 2023
12 mar 2025
Insurance companies in Romania that are part of Vienna Insurance Group (VIG), i.e., Omniasig, Asirom and BCR Asigurari de Viata, saw gross written premiums of more than EUR900 million at the end of more
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Salt Bank Expects to Overshoot RON3B Asset Mark at End-2025
12 mar 2025
Salt Bank, the first 100% digital Romanian bank, has already reached assets of above RON1 billion and expects to go beyond RON3 billion at yearend. more
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Romania Factoring Market Grows 8% To EUR9.4B in 2024
26 feb 2025
Romania factoring market at end-2024 reached a total operations volume of around EUR9.4 billion, up 8% from 2023, in line with information provided by the Romanian Factoring Association (ARF). more
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NN Asigurari de Viata Ends 2024 with almost RON1.15B in Gross Underwritings, Up 12.7% Vs 2023
20 feb 2025
NN Asigurari de Viata, leader of Romania life insurance market, ended 2024 with a volume of gross underwritten premiums of almost RON1.15 billion, 12.7% higher than in 2023. more
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Safety Broker’s H1/2024 Gross Brokered Premiums Up 35% To RON851.6M
18 sep 2024
Safety Broker, leader of the insurance brokerage market, ended the first half of 2024 with RON851.6 million gross brokered premiums, up 35% from the same period of 2023. more
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Romania Insurance Market Inches Up 3% in Q1/2024 To RON5.5B
24 iul 2024
Romania’s insurance market reached a volume of gross underwritten premiums of above RON5.5 billion at the end of the first quarter of 2024, registered a slight increase of 3.2% from the same period more
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Revolut Heads Toward 4 Million Retail Client Threshold in Romania
2 iul 2024
Global fintech Revolut saw its retail client base go up by 13% in the first six months of 2024 and will shortly reach the 4 million client threshold. more
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Instant Factoring IFN Gets EUR1M Subordinated Loan from EIF To Boost Lending to Small Companies in Romania
26 iun 2024
Romanian fintech Instant Factoring IFN has signed a EUR1 million subordinated loan agreement with the European Investment Fund to expand lending to small enterprises in Romania. more
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Allianz-Tiriac Ends 2023 with RON3.5B Underwritings, Up 21% YOY
27 mai 2024
Allianz-Tiriac, the second largest insurer in Romania, ended 2023 with RON3.5 billion underwritings, up 21%, and RON346 million, 44% higher than in 2022. more
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Romania’s Insurance Market More Than Doubled In A Decade
20 mai 2024
Romania’s insurance market has grown a lot and more than doubled in the past decade, while its main segments have either performed the same or tripled or grown ten-fold, like the life insurance more
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Raiffeisen Bank Romania To Go With Visa As Its Only Card Partner
15 mai 2024
Raiffeisen Bank has decided to go with Visa at its only card partner, which means the bank will be issuing new cards for those who already have Mastercard Raiffeisen Bank cards, its officials more
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BRD Sees Net Profit Down 5% To RON326M, New Loans Up In Q1
2 mai 2024
BRD (BRD.RO), the fourth largest bank by assets in Romania, ended the first quarter of 2024 with a slightly lower (5%) net profit, RON326 million, while lending to individuals and companies grew at more
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NN Asigurari de Viata Ends 2023 with RON102M Net Profit, Up 12% YOY
24 apr 2024
NN Asigurari de Viata, leader of Romania’s life insurance market, ended 2023 with net profit worth almost RON102 million, up 12% from 2022. more
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Groupama Remains Leader Of Insurance Market In 2023
2 apr 2024
Groupama remained the leader of the RON18.2 billion insurance market in Romania in 2023, following a 37% increase in gross written premiums to more than RON4 billion. more
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Romania Insurance Market Up 10% To RON18.2B Gross Written Premiums In 2023
2 apr 2024
Romania’s insurance market ended 2023 with gross written premiums of RON18.2 billion, an increase of 10% on 2022, of which general insurance premiums accounted for RON15.2 billion and life insurance more
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Lucian Anghel Gets Central Bank Approval To Become Deputy CEO Of Libra Internet Bank
20 mar 2024
Lucian Anghel, who ran Banca Romaneasca between January 2020 and December 2022 has received approval from Romania’s central bank to become deputy chief executive officer of Libra Internet Bank, more
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Groupama Retains Leading Position on Romania Insurance Market in Jan-Sept 2023
7 feb 2024
Groupama after the first nine months of 2023 was still the leading company on the insurance market, reaching a market share of almost 22%. more
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Mobility Company Autonom Set To Buy More And More Electric And Hybrid Vehicles
19 dec 2023
Mobility company Autonom has an annual minimum investment budget of EUR60 million and plans that 13% of the about 3,000 cars it buys a year to be electric and hybrid vehicles in 2024, Autonom CEO more
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Omniasig Posts Gross Underwritten Premiums of over RON1.7B in Jan-Sept 2023, Up 10% YOY
14 dec 2023
Omniasig, a company owned by Austria’s Vienna Insurance Group (VIG), at the end of the first nine months of 2023 reported gross underwritten premiums of above RON1.7 billion, up 10% from the more
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OTP Bank Romania Reaches RON236M Consolidated Net Profit in Jan-Sept 2023
13 nov 2023
OTP Bank Romania in the first nine months of 2023 posted RON236 million consolidated net profit. more
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Romania’s Insurers Boast All-Time Net Profit in 2022
13 iul 2023
Romania’s insurers last year hit an all-time high in terms of total net profit, at RON773 million, double the 2021 level and more than 12 times higher than the 2020 one, in line with information more