Despite the uncertainties of 2020, when insurers to rethought strategies and fast-paced digitalization was a necessary move to survive, many insurance companies ended the year in the black.
Second most profitable was NN Asigurari de Viata, the leader of the life insurance segment, which posted RON82.6 million profit, an increase of 36.8% on 2019.
Third most profitable was Onix Asigurari, which climbed among the largest actors of the market in 2020 and doubled profit to RON36.9 million year-on-year.
Omniasig and Groupama are the only companies among the ten most profitable insurers to go from losses in 2019 to profit in 2020.
(English version by Loredana Fratila-Cristescu)