01.30.2012

Romania’s life insurance market registered growth last year and will follow a similar trend in 2012, representatives of local insurers said Monday. more

01.09.2012

The Romanian Defense Ministry will organize an auction on February 27 to buy life insurance for troops deployed overseas. more

12.21.2011

Romanian insurer AXA Life Insurance won in November an auction held by electricity distributor Electrica, for a 18.1 million lei (EUR4.23 million) health insurance contract. more

12.14.2011

Life insurance policyholders redeemed 287 million lei (EUR65.9 million) worth of policies in the first nine months of the year, down 5% from the same time of 2010, show insurance regulator CSA data. more

11.09.2011

Tens of thousands of clients have continued to cancel life insurance policies this year, with the value of policies redeemed early climbing 20% in the first six months, to 233 million lei (EUR53.5 more

10.21.2011

Sales of life insurance through banks can help develop the bancassurance segment only if banks become more than mere distribution channels and prepare their employees as consultants for clients, more

09.21.2011

Romanian insurance companies and brokers will provide their prospective clients with additional information before signing them up for a life insurance policy, as of Wednesday, according to new rules more

09.16.2011

A year after entering the Romanian market via a EUR5 million acquisition, French insurance giant AXA announces the first details of its expansion plans. more

08.17.2011

Romanian AXA Life Insurance (formerly Omniasig Life) underwrote premiums worth 10.96 million lei (EUR2.57 million) in the first half of this year, down almost 1% from June 2010, according to company more

07.19.2011

Romanian insurer Aviva Asigurari de Viata's losses widened last year by 48%, to 19.91 million lei (EUR4.67 million), as it sold 80.3% fewer policies at 25,274 units, and underwritten premiums dropped more

07.13.2011

Life insurance will not grow by more than 5% this year, but will revert to two-digit increases starting 2012, as the economy is expected to rebound and individuals’ incomes to go up, estimates more

06.24.2011

Axa Life Insurance, part of French group Axa, increased its share capital by 28.7 million lei (EUR6.8 million), to RON80.5 million, by cash contribution from shareholders, according to data published more

06.15.2011

Romanian life insurance companies’ share could go up to 22% of the total insurance market in 2011. This is still lower than in neighboring countries. more

06.08.2011

With insurance policies starting from just EUR12 per year, Alico needs half a million clients so its portfolio will generate sufficiently high revenues. more

06.07.2011

The value of redeemed life insurance policies slid by only 2% in the first quarter compared with the same period of 2010, but they are still two to three-times higher than before the crisis. more

05.25.2011

Life insurance is an “exotic realm” for Romanians due to their low income and job insecurity, although people realize the importance of this type of insurance and of saving money for retirement, more

04.28.2011

Romania’s life insurance market could grow as much as 5% this year, after a 2.3% increase in 2010, as insurers join efforts to educate clients and create new products and services adapted to more