The biggest capital infusion of RON117.88 million, to RON150.86 million, targeted BCR Asigurari de Viata, according to ASF data.
Asirom Vienna Insurance Group comes next, with a capital increase of RON108.04 million, to RON265.9 million, and is followed by Omniasig Vienna Insurance Group, with a capital injection of RON53.1 million, to RON439.6 million.
Capital increases of over RON10 million targeted Euroins Romania (RON18.7 million, to RON137.2 million), Gothaer Asigurari (RON18.3 million, to RON54.9 million), City Insurance (RON17.4 million, to RON93.3 million) and AXA Life Insurance (RON12.9 million, to RON86.4 million).
Capital infusions also targeted Signal Iduna (RON8.99 million, to RON62.8 million) and Uniqa Asigurari de Viata (RON8.91 million, to RON38.5 million), according to ASF data.
Overall, 13 insurers increased their share capital in 2014, by RON381.2 million, and the operations were also registered at Romania’s Trade Registry.
ASF was also notified by five other insurers that their shareholders will operate capital injections worth a total RON274.6 million, of which Euroins – RON190 million. It was also informed that Astra Asigurari will operate a capital increase of RON65.1 million, AXA Life Insurance will carry out a capital infusion of RON13.7 million and Asito Kapital and Carpatica Asig will operate capital infusions of RON4.9 million and RON1 million, respectively.
In 2013, insurers’ share capital was raised by RON480.4 million, to RON3.47 billion.
In 2012, compared to 2011, insurers’ share capital fell by RON1.06 billion, to RON2.98 billion, according to ASF’s annual report.
Romania’s general and life insurance market reached RON8.12 billion in 2013, 1.6% lower on the year, and its share in the gross domestic product fell to 1.29%, from 1.4% in 2012.