02.21.2023

Insurance-reinsurance brokerage Millenium Insurance Broker (MIB), a company majority held by mobility network Autonom Services, with bonds listed on the Bucharest Stock Exchange, is getting ready to more

02.16.2023

The general and life insurance market reached a gross written premium volume of RON16.5 billion, preliminary data show, which does not include the gross written premiums of those insurers operating in 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

01.04.2023

The health insurance market in Romania reached gross written premiums of RON509 million in the first nine months of 2022, an increase of 33% on the year-earlier period, Financial Supervisory more

12.20.2022

Romania’s insurance market reached a volume of underwritten gross premiums of RON12.1 billion in the first nine months of 2022, up 23% versus the year-ago period, the country’s Financial 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

10.11.2022

MedLife (M.RO), the leading player on Romania’s private medical services market, complements its portfolio of health solutions provided to corporate clients with a group health insurance, NNCare, more

09.30.2022

Autonom Protect, the services division for the insurance market of the Autonom Group, has entered into a distribution partnership with Greek company Hellas Direct, which has recently announced entry more

09.27.2022

Romania’s insurance market reached a volume of underwritten gross premiums of RON8.76 billion in the first half of 2022, up 44% compared with the year-ago period, the country’s Financial more

09.21.2022

Agra Asigurari, the company that introduced digitalization in the agricultural insurance sector, has announced the launch on the Romanian market of a platform intended for brokers for issuing 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

07.20.2022

The assets of the three non-bank financial markets in Romania – the insurance market, the private pension market and the capital market doubled from 2014 through the end of 2021, the Financial more

06.24.2022

Romania’s insurance market reached a volume of underwritten gross premiums of RON4.66 billion in the first three months of 2022, a record increase of 46% compared with the year-ago period, the more

06.01.2022

BCR Asigurari de Viata, part of Austria’s Vienna Insurance Group (VIG), ended 2021 with RON30.7 million profit, an increase of 2.7% on 2020 and intends to disburse RON24.8 million dividends from it, more

05.23.2022

Omniasig, the biggest company part of Austria’s Vienna Insurance Group (VIG), in the first three months of 2022 posted a gross underwritten premium volume of over RON500 million, 40% more than in more

05.17.2022

Vienna Insurance Group (VIG), which owns insurers Omanisig, Asirom and BCR Asigurari de Viata in Romania, on Tuesday said it ended the first quarter of 2022 with profit before tax of EUR124 million more

05.03.2022

About 1,600 creditors of Romanian bankrupt insurer City Insurance, formerly the market leader with a 43% market share, have filed requests to recover a total amount of RON9 billion (EUR1.8 billion), more

04.08.2022

Euroins Romania is the new leader of the local insurance market, with over RON2.19 billion gross underwritten premiums at end-2021, up 67.4% from 2020, equaling a 15.4% market share, in line with more

04.06.2022

EximAsig, the insurance-reinsurance company majority held by EximBank, ended 2021 with gross underwritten premiums worth RON29.9 million, while the number of insurance contracts doubled from 2020, in more

03.08.2022

Vienna Insurance Group (VIG), which owns insurers Omanisig, Asirom and BCR Asigurari de Viata in Romania, on Tuesday said it ended 2021 with profit before tax of EUR511.3 million, higher by 47.8% more

03.03.2022

Uniqa Romania, made up of two companies belonging to Austria’s group Uniqa, wants to expand its business, with warranty insurance as a segment where the company wants to develop solutions, stated more

02.21.2022

Romania’s life insurance market reported underwritings of RON2.6 billion at the end of 2021, up 17.6% from 2020, but, in terms of the weight held in the overall market, this segment seems to be more

02.16.2022

Romania’s auto liability insurance policies (RCA) market reached a record level of gross premiums underwritten in 2021, of RON5.93 billion, the biggest increase of the last 11 years, of 49.4% versus more

02.08.2022

Romania’s insurance market ended 2021 with underwritten gross premiums of RON14.3 billion (nearly EUR2.86 billion), seeing the biggest annual growth of the last decade, of 24%, versus 2020, said more

02.07.2022

Francois Coste, CEO of Groupama Asigurari says he expects 2022 to be a year of sustainable growth for the company, as well as a year to strengthen the good results generated in 2021. The company will more