03.09.2016

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03.04.2016

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02.26.2016

Insurance companies in Romania kept home insurance tariffs unchanged in 2015, due to fierce competition on this market segment, according to Ziarul Financiar. 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

02.05.2016

Romania’s Financial Supervisory Authority (ASF) on Friday said the local insurance market grew in 2015 for the first time after the financial crisis, registering an 8% increase, based on provisional more

01.18.2016

Grawe Romania will enter the auto insurance market in 2016, in line with Austrian group Grawe’ general strategy to include auto insurance in the portfolio of member companies. more

01.11.2016

The number of large companies switching from clinic memberships to private medical insurance for their employees increased last year and the upward trend might continue in 2016, as well, following the 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

12.28.2015

2015 was the most challenging year of the insurance industry, marked by Astra’s bankruptcy, stress tests and legislative changes. more

12.18.2015

The Ciolos Cabinet on Thursday was put through one of the most difficult tests since it took office, the transporters’ protests against the rise in auto liability insurance (RCA) prices for trucks. more

12.10.2015

Romania’s insurance market saw a 7.4% increase in gross underwritten premiums in January-September 2015, to RON6.33 billion, of which general insurance represent nearly RON5 billion, up 6.9% on the more

12.09.2015

Grawe, a medium-sized insurer in Romania, intends to enter the comprehensive auto insurance market next year and will apply for a license to do it by the end of December, chief executive officer Paul more

12.08.2015

Romania's financial regulator ASF said Tuesday that 10% of insurance brokers don’t meet minimum capital requirements, which will become mandatory at the end of December. more

12.07.2015

Ergo, one of the leading insurers in Germany, is in advanced talks to buy the local insurance unit of Turkey’s Credit Europe, insurance industry sources told ZF. more

11.10.2015

The local insurance market is going through a cleanup and transformation process but what will come next will be a more painful time, because the insurers that will remain will have to swallow the more

11.03.2015

Corsar Online, the operator of cel.ro, the second largest online computer and electronics retailer in Romania, posted growth of 25% in revenue in January-September and expects it to continue until the more

09.24.2015

While medical service operators are optimistic about the market and even considering expanding abroad, distributors and retail pharmacy chains are not. more

08.31.2015

The two Romanian subsidiaries of Austrian-held group Uniqa posted losses of EUR2.7 million in the first semester, lower compared with EUR3.7 million losses during the same period a year before, more

08.20.2015

Macro-economic conditions and low interest rates are the biggest risks facing insurance companies in Central and Eastern Europe (CEE), according to the "Insurance Banana Skins 2015" survey. more

08.19.2015

The board of the Financial Supervisory Authority designated Carmen Daniela Radu Wednesday to head the board of the insurance guarantee fund, set up in July. more

08.12.2015

Greek-owned lender Piraeus Bank announced Monday it sold its 5% stake in insurance broker Piraeus Broker (PIRBR) to two Greek businessmen. 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

07.20.2015

Romania’s insurers are targeting the health insurance policies segment, on the backdrop of higher deduction threshold as of 2016. They forecast an annual growth of underwritten premiums by 20%-25%, more

07.16.2015

Insurers Axa, Astra, EximAsig, Euroins and Carpatica don't meet minimum capital requirements under Solvency II standards, which become mandatory as of January 1, 2016, Romania's financial regulator more

07.14.2015

The lending revival will boost the life insurance market in 2015, which will be the only source of growth of underwritings on this segment, according to Emilia Bunea, CEO with Metropolitan Life. more