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ALICO

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Pension Funds Pensia Viva And Alico Finalize Merger
Banks-Insurance

Pension Funds Pensia Viva And Alico Finalize Merger

Romania’s private pension regulator CSSPP has approved several decisions regarding the final merger of mandatory private pension funds Pensia Viva, managed by Aviva Pensii, and Alico, managed by Alico Pensii.

Ecaterina Craciun · 01.04.2013 · 14:56 · 1 min
CSSPP Approves Final Merger Of Pension Funds Pensia Viva And Alico
Banks-Insurance

CSSPP Approves Final Merger Of Pension Funds Pensia Viva And Alico

Romania’s private pension system regulator CSSPP approved on January 30 the final merger of mandatory private pension funds Pensia Viva, managed by Aviva Pensii, and Alico, managed by Alico...

Ioana Tudor · 04.02.2013 · 13:57 · 1 min
Insurers Aviva, Alico Will Operate Under Metropolitan Life Brand, Will Merge In 2013
Banks-Insurance

Insurers Aviva, Alico Will Operate Under Metropolitan Life Brand, Will Merge In 2013

Romanian insurers Aviva Asigurari de Viata and Alico Asigurari Romania, part of U.S. group MetLife, will operate under the Metropolitan Life brand and will merge by the end of next year.

Ioana Tudor · 24.10.2012 · 15:40 · 1 min
Alico Eyes Changing Name Into Metropolitan Life
Banks-Insurance

Alico Eyes Changing Name Into Metropolitan Life

Alico Asigurări Romania, part of American group MetLife, filed the Insurance Surveillance Commission the paperwork to change its denomination into Metropolitan Life, the commission’s represe...

Manuela Panescu · 07.09.2012 · 17:30 · 1 min
Banks-Insurance

CSSPP Authorizes First Stage Of Viva, Alico Fund Merger

Romania's private pension system regulator CSSPP last week authorized the first stage of the merger between pension funds Pensia Viva, managed by Aviva Pensii, and Alico, managed by Alico Pe...

Radu Bostan · 03.09.2012 · 17:24 · 1 min
Group Medical Insurance Market May Exceed EUR1.5B By 2016
Banks-Insurance

Group Medical Insurance Market May Exceed EUR1.5B By 2016

Insurer Alico Asigurari Romania forecasts that group medical insurance market may exceed EUR1.5 billion by 2016, mainly due to the reform in the health sector, the company said Wednesday.

Manuela Panescu · 11.07.2012 · 13:43 · 1 min
Alico Asigurari 2011 Net Profit Up 7.4% To RON74M, Highest On Local Market
Banks-Insurance

Alico Asigurari 2011 Net Profit Up 7.4% To RON74M, Highest On Local Market

Insurer Alico Asigurari Romania posted a net profit of 74 million lei (EUR16.6 million) last year, 7.4% higher compared to 2010, the highest profit posted on the local insurance market, comp...

Oana Gavrila · 21.06.2012 · 10:11 · 1 min
Alico Romania GM: Life Insurance Market Seen Growing Up To 10% In 2012
Banks-Insurance

Alico Romania GM: Life Insurance Market Seen Growing Up To 10% In 2012

Romania’s life insurance market will continue to maintain its positive trend in 2012, with the increase in underwritten premiums seen below 10%, Theodor Alexandrescu, head of insurance compa...

Ecaterina Craciun · 23.04.2012 · 14:54 · 1 min
Alico: We Can Make Further Acquisitions If Opportunities Arise
Banks-Insurance

Alico: We Can Make Further Acquisitions If Opportunities Arise

US company MetLife, which has recently announced the acquisition of the local subsidiary of Aviva, is watching the Romanian market and does not rule out a potential acquisition of another co...

Radu Bostan · 03.02.2012 · 00:00 · 1 min