Results 51 - 69 from 69 for "vig"
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VIG: Third-Quarter Results Impacted By Difficult Market Conditions In Romania And Italy
11.12.2013
Austria’s Vienna Insurance Group (VIG) on Tuesday said its financial results for the third quarter of 2013 will be affected by difficult market conditions in Romania and Italy. more
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VIG Stays In Romania Because Of Its Potential, CEO Says
10.17.2013
Romania remains an important market for the Vienna Insurance Group (VIG) even though the local business has shrunk by one third during the crisis and the Romanian operations were the only ones to post more
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VIG Underwritten Gross Premiums In Romania Fell 25% In 1Q, To EUR101M
05.28.2013
Austria’s Vienna Insurance Group (VIG) said Tuesday it underwrote gross premiums of EUR101.2 million in Romania in the first quarter of 2013, down 24.8% from EUR134.6 million in the same period a more
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VIG Underwritten Gross Premiums In Romania Fell 15% In First 9 Months, To EUR340M
11.27.2012
Vienna Insurance Group (VIG) said Tuesday it underwrote gross premiums of EUR340 million in Romania in the first nine months of the year, down 14.8% from EUR399 million in the same interval a year more
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High Car Insurance Claims Drive Omniasig To EUR41M Loss
06.19.2012
Omniasig, a company controlled by Vienna Insurance Group (VIG), posted a loss of 181 million lei (EUR41 million) last year because of the surge in car policy claims. 2011 was the first year in the red more
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Omniasig And BCR Asigurari Unable To Beat Astra Despite Merger
06.05.2012
Omniasig and Astra continue to fight over the leading position on the general insurance market, as the cumulated revenue of Omniasig and BCR Asigurari, which merged last month, fell below Astra’s in more
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VIG 1Q Loss In Romania Narrows To EUR2.7M, Underwritten Premiums Down 7% To EUR134.5M
05.23.2012
Austrian insurer Vienna Insurance Group (VIG) reported in Romania first-quarter gross underwritten premiums of EUR134.5 million, down 7% on the year, and first-quarter loss of EUR2.7 million, the more
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VIG Lays Off A Fifth Of Romanian Employees In Two Years
05.07.2012
Austrian insurer Vienna Insurance Group (VIG), which controls a quarter of the Romanian insurance market, cut by 22% its number of employees on the local market in the past two years, and the four more
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Omniasig-BCR Asigurari Merger Nears Completion
04.13.2012
Omniasig and BCR Asigurari, controlled by Austrian insurer Vienna Insurance Group (VIG), will as of next month become one company with 2,400 employees and a territorial network of 350 branches. more
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Vienna Insurance Group 2011 Loss In Romania At EUR12.8M
03.29.2012
Vienna Insurance Group (VIG) posted loss of EUR12.8 million in Romania in 2011, due to a 4.8% decrease in underwritten gross premiums to EUR502.9 million triggered by the harsh economic situation. more
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Omniasig-BCR Asigurari Merger Awaits Watchdog’s Approval, Final Shareholder Vote
01.18.2012
The largest merger on the Romanian insurance market is only halfway to completion, but the outlines of the new company resulting from the consolidation of Omniasig and BCR Asigurari’s business are more
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Vienna Insurance Group Posts EUR8.8 Pre-Tax Loss In Romania For Jan-Sept 2011
11.15.2011
Revenues of Austrian insurer Vienna Insurance Group (VIG) in Romania stagnated at EUR416.2 million in January-September, but expenses climbed 9%, leading to a pre-tax loss of EUR8.8 million from a more
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Omniasig On Merger With BCR Asigurari: Our Strategy Is “No Winners And No Losers”
09.27.2011
The employees of insurers Omniasig and BCR Asigurari, which are in the process of merging to create the largest insurance company on the Romanian market, with over EUR300 million in revenue, will more
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Sales Decline Forces Insurance Market To Consolidate
09.22.2011
The prolonged crisis is pushing the insurance market towards mergers to create stronger companies, considering that more than 40 companies share business of EUR2 billion and that the money has more
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Major Merger On Insurance Market: Omniasig’s Name Prevails Over BCR Asigurari
09.20.2011
The company resulting from the merger of Omniasig and BCR Asigurari, which will become the largest insurer on the Romanian market, will take the Omniasig name because the majority shareholder decided more
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Vienna Insurance Group’s Pretax Profit In Romania Down To EUR1.6M In 1H
08.18.2011
The profit before taxes registered by Vienna Insurance Group (VIG) in Romania dropped nine times in the first half of the year to EUR1.6 million from EUR14.3 million in the same interval a year ago, more
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VIG Plans Omniasig-BCR Asigurari Merger To Create Romania's Largest Insurer
07.13.2011
After making acquisition after acquisition in recent years, so that it came to own four major Romanian brands it was feeling comfortable with, Austria’s Vienna Insurance Group (VIG) made the more
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Vienna Insurance Group Posts EUR5M Loss In Romania In 1Q
05.17.2011
Vienna Insurance Group (VIG) reported a loss before taxes of EUR5 million in Romania in the first quarter, compared to a profit of EUR7.4 million in the same period a year ago, as gross underwritten more
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VIG Pretax Pft In Romania Rises 18% In 2010, At EUR28.5M
03.31.2011
Vienna Insurance Group, or VIG, Thursday reported a 17.9% increase in its profit before taxes in Romania in 2010, to EUR28.5 million, despite a 13% fall in its premium revenue to EUR528.1 million. more