today, 15:03

tbi bank, which provides flexible payment solutions, has signed a partnership agreement with insurance broker DAW Management, whereby customers can buy insurance, including auto liability insurance more

08.13.2024

Insurance broker Transilvania Broker de Asigurare (TBK.RO) posted RON2.3 million net profit in the first half of 2024, 58.3% lower than the RON5.5 million in the year-ago period. more

03.16.2024

Millenium Insurance Broker (MIB), an insurance broker majority owned by mobility network Autonom Services, is summoning its shareholders to approve, among others, the distribution of RON2.3 million as more

11.15.2023

Insurance broker Millenium Insurance, majority owned by mobility network Autonom Services, reported RON42 million turnover in the first nine months of 2023, up 13% from the year-earlier period, while more

05.17.2023

Millenium Insurance Broker (MIB.RO), an insurance company listed on the local capital market at the beginning of 2023, has informed its shareholders of its acquiring 5% of the share capital of more

05.16.2023

Insurance broker Millenium Insurance (MIB.RO), which is majority owned by mobility network Autonom Services, recorded a net profit of RON1.9 million in the first quarter of 2023, up 40% on the year, more

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

02.03.2023

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

11.01.2022

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

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

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

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

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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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

01.08.2016

Almost one third of the 450 insurance brokers operating in Romania will have to close up shop this year due the stricter capital requirements of the Financial Supervisory Authority, according to more

08.05.2015

Development by franchising, which is less costly than opening their own offices, has allowed insurance brokers to cover the entire country and eventually handle almost two thirds of the gross written more

07.08.2014

Insurance brokers posted an aggregated net profit of 114 million lei (EUR26 million) last year, and the margins of the 15 largest of them ranged from as low as 3% to as much as 75% of the total more

06.03.2014

The seven largest insurers in Romania cut the number of employees by 15% last year, keeping only 9,000, which shows the restructuring process has picked up speed after five years of significant sales more

10.29.2013

The Romanian unit of Gras Savoye, one of the world’s largest insurance brokers, has appointed Anca Roscaneanu as general manager. more

09.17.2013

Romania’s Financial Supervisory Authority, or ASF, withdrew, temporarily or permanently, the licenses of 21 insurance brokers in the first eight months of the year mainly because they breached more

04.23.2012

MedLife, the largest private medical service operator on the local market, controlled by the Marcu family, is branching out into the private insurance market with MedLife Broker Asigurare Reasigurare. more