09.16.2014

Romania’s insurance industry is lagging further behind the European market as the average budget earmarked for insurance in 2013 stood at EUR92, 21 times less than the EU average, according to data more

08.20.2014

Groupama Romania underwrote premiums of RON324.1 million in the first six months, down 10.8% on the year, due to the voluntary and temporary reduction on the segment of mandatory car insurance (RCA), more

05.27.2014

The average premium for mandatory car insurance (RCA) policies in Romania rose 7% on the year in the first three months of 2014, said Albin Biro, non-executive member in the management of Romania’s more

05.09.2014

Premiums on mandatory car insurance RCA and mandatory home insurance could get more expensive in the upcoming period as insurance companies don't have enough resources to cover damage claims, said more

04.29.2014

Romanian insurer Omniasig VIG (former BCR Asigurari) underwrote insurance premiums worth RON881.1 million in 2013, down 14.2% from RON1.027 billion a year earlier, due to lower revenue from mandatory more

04.16.2014

Romania’s life and non-life (general) insurance underwritten premiums reached 1.39 billion lei (EUR0.31 billion) in the first two months of 2014, up 1.8% from the year-earlier period, according to more

02.24.2014

Romanian insurer Asirom underwrote premiums of 544 million lei (EUR120.8 million) in 2013, down 9% on the year, while damage claims on the general insurance segment, representing over 80% of the more

01.30.2014

Insurance companies in Romania underwrote premiums of 8.24 billion (EUR1.82 billion) in 2013, according to provisional data, which is close to RON8.26 billion registered in 2012. more

01.29.2014

Austria’s Vienna Insurance Group (VIG) registered an 18.5% decline in gross premiums underwritten in Romania in 2013, to EUR373.9 million, mainly due to car insurance, according to the group's more

12.23.2013

Insurance companies in Romania issued policies worth 6.8 billion lei (EUR1.5 billion) between January and October 2013, flat from the same period a year ago, according to the country's Financial more

11.20.2013

Romania’s insurance market stood at 6.1 billion lei (EUR1.37 billion) in the first nine months of 2013, steady on the year, while damages paid by insurers fell 2.44% to RON3.69 billion, according to more

11.20.2013

Gross underwritten premiums of the ten largest insurers in Romania stood at almost 5 billion lei (EUR1.12 billion) in January-September, a mere RON35 million more than in the year-ago period, more

11.18.2013

Romanian insurer Allianz-Tiriac Asigurari registered underwritten premiums of 677.5 million lei (EUR152.2 million) in the first nine months of 2013, up about 1% on the year. more

08.29.2013

Romanian insurer Asirom VIG underwrote premiums of 285 million lei (EUR64.7 million) in the first half of 2013, up nearly 8% from RON265 million in the year-earlier period, according to unaudited data more

08.19.2013

Romanian insurer Carpatica Asig Sibiu Monday said it underwrote premiums of RON228.96 million in the first half of 2013, up 77% from RON128.75 million in the same period in 2012. more

08.05.2013

French group Groupama’s underwritten premiums in Romania fell 3% on the year to EUR83 million in the first six months on 2013. more

08.05.2013

Romanian insurance company Allianz-Tiriac Asigurari, the third largest insurer locally, underwrote premiums worth EUR93 million on the general insurance segment in the first half of 2013, steady on more

08.05.2013

Romanian insurer AXA Asigurari, the local subsidiary of French giant AXA, underwrote gross premiums worth 16.7 million lei (EUR3.7 million) in the first half of 2013, 10% higher on the year. more

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

05.28.2013

Romanian insurance broker Safety Broker Tuesday said it estimates to broker premiums of EUR45 million in 2013, over 20% higher from 2012. more

05.21.2013

Premiums underwritten by insurers that make up the National Union of Insurance and Reinsurance Companies in Romania (UNSAR) rose 2% in the first quarter of 2013 to 1.94 billion lei (EUR0.44 billion), more

05.15.2013

Gross premiums underwritten by German insurance group Allianz in Romania increased 6% in the first quarter, to EUR55 million, the company said in a report Wednesday. more

05.09.2013

Romanian insurer ING Asigurari de Viata said Thursday it underwrote premiums of 136.3 million lei (EUR31.5 million) in the first quarter of 2013, up 2.3% on the year, while its gross profit fell 67.9% more

03.28.2013

Romanian insurers underwrote premiums of 348.85 million lei (EUR78.9 million) in other European Union member states in 2012, up 25.8% on the year, accounting for 4.22% of overall market, according to more

03.18.2013

Insurer Generali Romania expects underwritten premiums of 472.3 million lei (EUR107 million) in 2013, up 9.3% on the year, and net profit of RON21.1 million from losses of RON18.1 million in 2012. more