Of total underwritings, 75% were traditional life insurance policies and 25% were unit-linked policies
Aegon’s portfolio in Romania reached more than 40,500 policies at the end of last year.
The number of claims granted to clients in 2014 was four times higher than in 2013, due to the company’s accelerated development in the past year.
Dutch insurance group Aegon opened its Romanian subsidiary at the beginning of 2008. In January 2013, Aegon announced it was taking over the life insurance and private pension operations of Eureko Romania, part of Dutch financial group Achmea.
The Dutch insurer’s underwritings rose 20% on the year in 2014, reaching EUR8.6 billion, and its profit rose 38%, to EUR1.2 billion.