Colaborator
Mircea Nica
Editor Web
- Fields
- Banks-Insurance, Companies
- Writing for ZF since
- 2021
- Articles
- 61
VIG’s Three Companies in Romania Hit EUR570.9M Gross Underwritings in Jan-Sept 2022, Up 38% YoY
Omniasig, Asirom and BCR Asigurari de Viata, the companies Austria’s group Vienna Insurance Group (VIG) owns in Romania, ended the first nine months of 2022 with overall gross underwritten p...
Banca Transilvania Jan-Sept 2022 Net Profit Edges Down by 2% To RON1.44B
Banca Transilvania, the largest bank in Romania by assets, at the end of the first nine months of 2022 generated RON1.44 billion net profit, slightly down by 2% from the record-high gain pos...
Allianz-Tiriac Expects Underwritten Premium Volume to Near RON3B Mark at End-2022
Allianz-Tiriac, Romania’s second largest general and life insurer in line with the latest financial watchdog ASF data, estimates it will near the RON3 billion threshold in terms of underwrit...
Wine Maker Crama Liliac Expects 10% Turnover Growth in 2022 YOY
Romanian wine producer Crama Liliac, owned by amb Wine Company, expects turnover to rise 10% this year, after 2021 was the best year for the company, bringing EUR1.7 million turnover, said M...
Omniasig Posts over RON1B Underwritten Premiums in 1H/2022, Up 45% Vs Year-Earlier Period
Insurance company Omniasig, part of Austria’s Vienna Insurance Group (VIG), reached underwritten premiums worth above RON1 billion in the first half of this year, 45% more than in the same p...
Omniasig Hits Over RON500M Underwritten Premium Volume in 1Q/2022, Up 40% from Year-Earlier Period
Omniasig, the biggest company part of Austria’s Vienna Insurance Group (VIG), in the first three months of 2022 posted a gross underwritten premium volume of over RON500 million, 40% more th...
Euroins Becomes Romania’s Insurance Market Leader in 2021 after City Insurance Collapse
Euroins Romania is the new leader of the local insurance market, with over RON2.19 billion gross underwritten premiums at end-2021, up 67.4% from 2020, equaling a 15.4% market share, in line...
EximAsig 2021 Underwritings Hit RON29.9M
EximAsig, the insurance-reinsurance company majority held by EximBank, ended 2021 with gross underwritten premiums worth RON29.9 million, while the number of insurance contracts doubled from...
Patria Credit Ends 2021 with EUR1.59M Net Profit, Up 42% YOY
Patria Credit, a non-banking financial institution part of Patria Bank Group, in 2021 posted EUR1.59 million net profit, up 42% from 2020, while its loan portfolio expanded by 32%, to EUR26....
Uniqa Set to Expand Its Business in 2022
Uniqa Romania, made up of two companies belonging to Austria’s group Uniqa, wants to expand its business, with warranty insurance as a segment where the company wants to develop solutions, s...
Kruk Romania Buys over 60 Portfolios in 2021
Debt collection firm Kruk Romania in 2021 bought over 60 portfolios, coming to manage more than 2 million Romanians in 15 years of activity, said Cosmina Marinescu, CEO of Kruk Romania.
Groupama Set to Focus Further on Business Line Development
Francois Coste, CEO of Groupama Asigurari says he expects 2022 to be a year of sustainable growth for the company, as well as a year to strengthen the good results generated in 2021. The com...