Insurance - Business Review

Insurance

Groupama Asigurari’ gross subscribed premiums up by over 5 pct in H1 to RON 462 mln

Insurance September 05, 2017 12:20 0 comments

The gross subscribed premiums of Groupama Asigurari went up by over 5 percent in the first semester of 2017, compared with the same period of 2016, to RON 462 million. “The results registered in the…more »

Vienna Insurance Group posts a profit hike in H1 due to Romania’s results

Insurance August 22, 2017 11:13 0 comments

Vienna Insurance Group (VIG) registered an increase in profit in the first half of  2017 primarily due to improvements in the combined ratio and financial result, particularly in Romania (62.9 percent) and Poland (58.4 percent).…more »

evoMAG to sell car insurance policies

Insurance July 25, 2017 14:01 0 comments

Online store evoMAG and Destine Broker de Asigurari have teamed up, aiming to sell 10,000 mandatory car insurance policies RCA each year. The site’s visitors can see, compare and select the offers from eight insurers,…more »

home insurance

PAID: Number of mandatory insured houses down in June by 3.48 pct

Insurance July 24, 2017 11:50 0 comments

The number of mandatory insured houses, under PAD policies, went down in June by 3.48 percent, reaching 1.67 million, compared with 1.73 million PAD policies active on June 31, 2016, according to statistics by the…more »

Omniasig insures Romanian mountain peak Omu

Insurance July 20, 2017 13:16 0 comments

Insurer Omniasig Vienna Insurance Group, together with Salvamont Rasnov and tourism association Oxigen, start an insurance project of mountain peak Omu, which at 2,505 m is the highest mountain top permanently populated in Romania. The…more »

Gothaer Asigurari Reasigurari renews the mandates for its executive team

Insurance July 17, 2017 15:56 0 comments

The Administration Council of Gothaer Asigurari Reasigurari renews the mandates for Anca Babaneata–CEO and Ionut Baciu –deputy CEO&CFO. The new mandates start on July 1 and are valid for 4 years. Anca Babaneata is at…more »

"metro train"

Metrorex signs RCA contract with Asirom Vienna Insurance Group for travelers worth RON 98,305

Insurance July 10, 2017 15:59 0 comments

Metrorex signs general civil responsibility insurance (RCA) contract with Asirom Vienna Insurance Group for travelers worth RON 98,305, without VAT. The insurance covers the damages produced to travelers in case of accidents/ railway incidents produced…more »

Asirom VIG appoints Florin Niculescu as head of underwriting-reinsurance division

Insurance July 06, 2017 16:46 0 comments

Asirom Vienna Insurance Group (Asirom VIG) appoints Florin Niculescu as head of underwriting and reinsurance division.   In his new position, he will target streamlining Asirom VIG’s general insurance portfolio and ensuring constant growth across all…more »

MediHelp International launches NESACARD in Romania, aims to sell 5,000 units this year

Healthcare June 28, 2017 15:06 0 comments

MediHelp International, one of the most important players on the CEE health insurance market, together with Lamp Insurance (UK) and the New Europe Surgical Academy (Germany) have launched the NESACARD in Romania. This  is a…more »

home insurance

PAID: Number of mandatory insured houses at 1.67 mln in May

Insurance June 26, 2017 11:16 0 comments

The number of mandatory insurances for houses dropped by 2.29 percent to 1.67 million in May compared with May 2016, according to the statistics of Pool of Insurances Against Natural Disasters (PAID). At the end…more »