02.27.2023

Millenium Insurance Broker (MIB), an insurance broker with 25 years of experience in the Romanian market, is making its debut on the AeRO market of the Bucharest Stock Exchange (BVB) on Monday (Feb more

02.21.2023

Transilvania Broker, an insurer listed on the Bucharest Stock Exchange, posted RON130 million revenue in 2022, up 31%, and a net profit of RON11.5 million, up 68%, according to the financial report more

02.03.2023

The insurance brokerage market recorded a 23% increase in revenue from insurance distribution to over RON1.48 billion at the end of the first nine months of 2022, about RON1.35 billion of which were more

11.10.2022

Transilvania Broker de Asigurare, one of the largest insurance brokerages in Romania, posted net profit of RON7.96 million in the first nine months of 2022, up 50.6% from 2021 period. more

11.01.2022

Insurance-reinsurance brokerage Millenium Insurance Broker, a company majority held by mobility network Autonom Services, during October 17-25 period carried out a private placement with a view to its more

08.10.2022

Transilvania Broker de Asigurare (TBK.RO), one of the largest insurance brokerage companies in Romania, ended the first half of 2022 with RON7.76 milion net profit, an increase of 130.3% on the more

07.06.2022

Safety Broker remained the leading general insurance broker with a gross written premium volume of RON293 million and 9.6% market share in the first quarter, the Financial Supervisory Authority (ASF) more

06.30.2022

Goldring, one of the most active brokers in terms of flotations on the Bucharest Stock Exchange, ended 2021 with RON1.5 million net profit, an increase of 112.2% on 2020, while revenue went up 66.1% more

01.18.2022

Romania’s Competition Council said it was looking into a transaction whereby Poland's Unilink had joined the shareholding structure of Safety Broker in December 2021, the main insurance broker on more

12.08.2021

Safety Broker, leader of Romania’s insurance brokerage market, is readying a strategy envisaging the acquisition of some brokers on the market after getting the greenlight from the Competition more

12.06.2021

Safety Broker, Romania’s biggest insurance broker, was sold to Poland's Unilink, the biggest insurance brokerage group in Central and Eastern Europe (CEE).. more

07.26.2021

Safety Broker, leader on the insurance brokerage market, ended the first quarter of 2021 with a volume of brokered gross premiums of RON355 million, up 23.4% from the year-earlier period, per data more

06.29.2020

The Romanian insurance market, which grew 10% in the first quarter, is expected to post a decline of 15% in the second quarter due to pandemic driven restrictions but may recover in the third quarter, more

01.21.2020

Swiss Obsidian AG has entered the Romanian insurance brokerage market and launched Obsidian Broker de Asigurare-Reasigurare. The local company is run by Valentin Tuca, former CEO of AON Romania. more

07.15.2019

Insurance brokerage firm Otto Broker, founded by entrepreneur Victor Sraer, said Monday it has signed an agreement to acquire a stake in local self-service insurance platform i-Asigurare.ro. more

02.28.2019

Romania's state-owned postal operator Posta Romana has filed court action for insolvency procedures targeting PRBA, its own insurance broker set up in 2014. more

02.27.2019

Transilvania Broker (TBK.RO) on Wednesday said its revenue grew 15.39% to RON62.12 million and its profit increased by 16.24% year-on-year to RON3.95 million in 2018. more

01.09.2019

Insurance broker Safety Broker de Asigurare has 161 units in Romania’s large and medium cities, of which 150 are operated in franchise system. more

10.31.2018

Niro Investment Group has entered the insurance market by acquiring 50% of Ritter Broker, founded eight years ago by financier Catalin Vasile and sales manager Alexandra Bratescu. more

10.04.2018

Competition at the top of the insurance brokerage market became fiercer in the first half, with Safety Broker narrowing the gap to leader US-held Marsh, which took the top spot at the beginning of more

11.03.2017

Insurance companies and the public opinion should discuss more about optional insurance, be it general or life insurance and less about auto liability insurance (RCA), if they want to see the Romanian more

03.17.2017

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07.31.2016

Clients who contracted loans in the past years can benefit from the decrease of interests and refinance their loans, according to loan broker Stefan Ivan. more

04.03.2016

The dividends paid by the companies listed on Bucharest Stock Exchange are extremely generous this year, said Mihai Chisu, Swiss Capital broker. more

02.15.2016

Romanian brokerage house SSIF Broker (BRK.RO) is starting Monday to provide insurance brokerage services, as brokerage assistant of Confident Broker de Asigurare, in which it holds a majority stake more