INSURANCE
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Safety Broker’s 1Q Brokered Gross Premiums Up 42% To Over RON123M
Romanian insurance broker Safety Broker on Tuesday said it brokered gross premiums of over RON123 million in the first quarter of 2016, up 42.9% on the year, and one of this year’s target is...
Insurance, Romania’s Most Investigated Sector
The insurance industry is being dealt a new blow as the prosecutors of the Directorate for Investigating Organized Crime and Terrorism (DIICOT) revealed yet another chairperson of the market...
SSIF Broker Taps Insurance Brokerage Market As Of February 15
Romanian brokerage house SSIF Broker (BRK.RO) is starting Monday to provide insurance brokerage services, as brokerage assistant of Confident Broker de Asigurare, in which it holds a majorit...
Grawe Romania To Tap Auto Insurance Market In 2016
Grawe Romania will enter the auto insurance market in 2016, in line with Austrian group Grawe’ general strategy to include auto insurance in the portfolio of member companies.
More And More Companies Switch To Private Medical Insurance
The number of large companies switching from clinic memberships to private medical insurance for their employees increased last year and the upward trend might continue in 2016, as well, fol...
2015 In Review: Ten Most Important Events In Insurance Industry
2015 was the most challenging year of the insurance industry, marked by Astra’s bankruptcy, stress tests and legislative changes.
Uniqa: Romanian Insurance Market Will Experience A Painful Time
The local insurance market is going through a cleanup and transformation process but what will come next will be a more painful time, because the insurers that will remain will have to swall...
Online Retailer Cel.ro Sees 25% Higher Sales In Jan-Sept
Corsar Online, the operator of cel.ro, the second largest online computer and electronics retailer in Romania, posted growth of 25% in revenue in January-September and expects it to continue...
ZF Pharma Summit ’15: Various Healthcare System Actors Highlight Its Problems
While medical service operators are optimistic about the market and even considering expanding abroad, distributors and retail pharmacy chains are not.