Results 1 - 25 from 43 for "insurers"
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Insurer Rankings In H1/2023: Groupama Keeps Top Spot, With Roughly RON2B Gross Written Premiums
10.06.2023
Insurance company Groupama Asigurari remains the leader of Romania's overall insurance market, with a yet significant surge in gross written premiums, of 27.8%, in the first half of 2023, up to more
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Insurers In Romania Set Up RON21.5B Claims Reserves In Q1/2023, Down 1.4% YoY
08.08.2023
Insurance companies in Romania set up total claims reserves of RON21.5 billion in the first quarter of 2023, down 1.4% on the year, mainly due to missing information about Euroins Romania's claims more
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Deloitte: Insurers Face Challenges On Growth And Profitability In 2023
03.06.2023
Insurers’ growth and profitability will most likely be negatively impacted in 2023 by the current macroeconomic and geopolitical challenges such as the threat of global recession, effects of more
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Insurers Set Up RON22.6B Technical Reserves In 1H/2022 For Future Damage Claims, Up 8% YoY
12.02.2022
Insurance companies set up gross technical reserves of RON22.6 billion in the first half of 2022, up 8% on the year, as per data published in the report of Romania’s financial supervisory authority more
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NN Asigurari, Grawe And Asirom To Take Part In EIOPA Stress Test
05.25.2016
NN Asigurari, Grawe and the life insurance division of Asirom will participate in a stress test carried out by the European Insurance and Occupational Pensions Authority (EIOPA), Romania’s Insurance more
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ASF Approves Amendments Easing Foreign Insurers’ Access To Romanian RCA Market
02.10.2016
The Council of the Financial Supervisory Authority (ASF) has approved a draft norm which makes it easier for foreign insurance companies to tap the Romanian mandatory car insurance (RCA) policy more
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UNSAR: Direct Compensation System To Negatively Impact Market Of Mandatory Car Insurance RCA
01.18.2016
The system of direct compensation or discount would negatively impact the market of mandatory car insurance RCA, generating high costs for insurers and the insured, and would also violate the basic more
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Four Insurers Deemed To Make RON360M Capital Injections By Yearend
08.21.2015
Stockholders with insurers Euroins, Asirom, Carpatica and EximAsig are deemed to make a capital injection of 365 million lei (EUR82 million) by yearend, as a result of the Financial Supervisory more
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ASF To Announce Results Of Insurers Overview Program Next Week
07.08.2015
Financial Supervisory Authority (ASF) will announce next week the results of the first stage of the insurers overview program, which included 13 companies with an overall market share of over 80%, more
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Women At The Helm Of Banks And Insurers In Romania
03.02.2015
No large bank in Romania has a woman as president or general manager, but 12 women hold vice-president or deputy CEO positions in the boards of the ten largest players in the local system. more
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ASF: Insurers In Romania Increased Share Capital By RON381.2M In 2014
01.05.2015
Romania’s Financial Supervisory Authority (ASF) received, between January 1 and December 15, 2014, notifications regarding capital infusions worth a total RON655.8 million, of which RON381.2 million more
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Insurers In Romania, Ever Frailer In The Battle With Players In The Region
09.29.2014
Four local insurance companies got to hold a position among the region’s biggest 50 insurers by 2013 underwritings, but only one managed to climb one spot against the previous year, according to a more
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ASF: Insurers To Pay More To Guarantee Fund Unless They Solve RCA Issues
07.02.2014
Misu Negritoiu, head of Romania’s Financial Supervisory Authority ASF, stated that insurers will have to pay more to the guarantee fund, unless they manage to streamline their operations on the more
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Astra Asigurari, VIG’s Romanian Businesses Generated 85% Of Total Loss On Insurance Market In 2013
07.01.2014
Astra Asigurari and the insurers held by Vienna Insurance Group (VIG) in Romania - Asirom, Omniasig and BCR Asigurari de Viata - generated in 2013 over 85% of the losses posted by the insurance more
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Banks And Insurers, One Fifth Of 100 Largest Losses In Romanian Economy In 2013
06.26.2014
Around 20% of the almost EUR3 billion negative figure registered by the companies with the 100 widest losses in the economy last year were reported by banks and insurance companies, which virtually more
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Brokers Sell More Insurance Policies, But At Lower Fees
06.19.2014
Fee income cashed in by brokers from insurance companies rose by 7.5% in the first quarter of this year, half the pace registered in the same period of last year, while the value of brokered policies more
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Romanian Insurers Boost Sales Of Policies in Foreign Markets
06.18.2014
Romanian insurance companies sold policies worth 112 million lei (EUR25 million) on foreign markets in the first three months of 2014, up 25% from the same period of last year, according to data more
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ASF, Set To Broaden Insurance Market Probe
06.12.2014
Romania’s Financial Supervisory Authority (ASF) will further investigate the insurance market and will expand checkups at companies. For the fourth quarter, the institution is readying an audit of more
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Romania Insurers’ Share Capital Rose By RON420.7M In 2013, To RON3.4B
04.03.2014
The subscribed share capital of insurers in Romania increased by RON420.7 million on the year to RON3.4 billion in 2013, according to data provided by the country’s Financial Supervisory Authority, more
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Banks And Insurers Get Capital Injections Of Half A Billion Euros In 2013
12.19.2013
The shareholders of banks, insurers and leasing companies this year injected EUR500 million into the capital of Romanian subsidiaries. more
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Romanian Insurers Underwrote RON337.8M In Premiums Abroad In 2012, Up 21.8% On Year
07.17.2013
Romanian insurers underwrote premiums of RON337.86 million abroad last year, up 21.8% from 2011, and foreign insurers underwrote premiums of RON216.6 million, 85.6% more than in 2011. more
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Romanian Insurance Industry Staff Down 22% In 2012, To Nearly 11,850 Employees
07.17.2013
Romanian insurance companies and insurance brokers had nearly 11,850 employees at the end of 2012, down 22% from 2011, according to the annual report of the Financial Supervisory Authority (ASF), more
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Astra, Euroins, Omniasig, Asirom Targeted By Over 80% Of Client Complaints In 2012
07.17.2013
Romanian insurance regulator CSA received 7,450 complaints last year over insurers and brokers’ services, 1.6% less than in 2011, mostly targeting car insurance and insurers Astra, Euroins, Omniasig more
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Romania Insurers’ Share Capital Fell 26% In 2012 To RON2.98B
07.17.2013
The subscribed share capital of insurers in Romania fell 26.1% in 2012 to 2.98 billion lei (EUR670.1 million), according to an annual report by the country’s Financial Supervisory Authority, or ASF. more
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Romania's Largest Insurers Sped Up Restructuring, Laid Off 1,000 Employees In 2012
06.28.2013
The first ten largest insurance companies in Romania employed an average of 12,000 people last year, 1,000 fewer than in 2011, as they continued restructuring their business, hurt by the crisis. more