Colaborator
Mircea Nica
Editor Web
- Fields
- Banks-Insurance, Companies
- Writing for ZF since
- 2021
- Articles
- 61
Omniasig Posts Gross Underwritten Premiums of over RON1.7B in Jan-Sept 2023, Up 10% YOY
Omniasig, a company owned by Austria’s Vienna Insurance Group (VIG), at the end of the first nine months of 2023 reported gross underwritten premiums of above RON1.7 billion, up 10% from the...
OTP Bank Romania Reaches RON236M Consolidated Net Profit in Jan-Sept 2023
OTP Bank Romania in the first nine months of 2023 posted RON236 million consolidated net profit.
Romania’s Insurers Boast All-Time Net Profit in 2022
Romania’s insurers last year hit an all-time high in terms of total net profit, at RON773 million, double the 2021 level and more than 12 times higher than the 2020 one, in line with informa...
Revolut Set to Open Romania Branch in 1Q/2024
Revolut, the fintech that operates as a bank on the basis of a European banking license for the time being, is set to open a branch in Romania in the first quarter of 2024, joining the other...
Romania Insurance Market Reaches RON16.5B Gross Underwritten Premiums in 2022, Up 16% YOY
Romania’s insurance market reached a gross underwritten premium volume of RON16.5 billion at the end of 2022, up 16% from 2021, with general insurance weighing 84%, meaning an underwritten p...
Safety Broker Set to Be Owned by US-held Acrisure
Poland’s Unilink is going to be taken over by global insurance and fintech broker Acrisure, meaning that after the deal Safety Broker, leader of Romania’s insurance brokerage market will bel...
Patria Credit Ends 2022 with 22% Loan Portfolio Growth, EUR1.5M Net Profit
Patria Credit, a non-banking financial institution part of Patria Bank Group, in 2022 registered EUR1.55 million net profit and reported 22% portfolio expansion, to EUR32.5 million.
Uniqa Asigurari and Uniqa Asigurari de Viata Hit EUR108.6M Total Underwritten Premiums in 2022, Up 6.3% YOY
Uniqa Asigurari and Uniqa Asigurari de Viata, companies operating in Romania under the umbrella of Austrian group Uniqa, reached an overall volume of underwritten premiums of EUR108.6 millio...
Cemacon Reports RON70 M Net Preliminary Profit in 2022, Up 27% YOY
Building materials maker Cemacon Cluj, 95% controlled by Paval brothers via two investment vehicles, ended 2022 with net profit worth almost 70 million, up 27.3% from the net result of 2021,...
Metropolitan Life Expects Sustainable Growth in 2023
Metropolitan Life expects sustainable growth in 2023 as well, after the company has maintained a steady two-digit increase in recent years, Carmina Dragomir, CEO of Metropolitan Life, the se...
Signal Iduna Aims for over 15% Revenue Growth in 2023
Health insurance provider Signal Iduna plans to increase its revenues by over 15% in 2023, with efforts largely to focus on integrating the two companies it has acquired, namely Erdo Asigura...
Euroins Romania Goes Ahead with RON100M Capital Increase
Euroins Romania, leader of the local third-party motor vehicle insurance (RCA) market, is going ahead with another RON100 million capital raise planned for the company’s development and the...