INSURANCE
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Allianz Underwrote EUR209M Gross Premiums On General Insurance In Romania In 2013
German insurance group Allianz Thursday said it underwrote gross premiums on the general insurance segment of EUR209 million in Romania in 2013, up 2.4% from EUR204 million in 2012.
Provisional Data: Romania’s Insurance Market Flat In 2013, At RON8.2B
Insurance companies in Romania underwrote premiums of 8.24 billion (EUR1.82 billion) in 2013, according to provisional data, which is close to RON8.26 billion registered in 2012.
Renault And Auchan Choose Groupama And Regina Maria As Medical Insurance Providers
The Romanian units of French carmaker Renault and hypermarket chain Auchan, which have 27,000 employees between them, signed contracts early this year that introduced medical insurance from...
PAID Insurance Portfolio Doubled In 2013
The portfolio of the Romanian Pool of Insurance against Natural Disasters (PAID) rose by 120% last year, from 330,103 to over 727,000 contracts, after it closed partnerships with 20 insurers...
Insurers Expect 2014 To Be Another Difficult Year
The Romanian insurance market will have another difficult year, as chances for growth to resume are slim and sales of policies will most likely be flat in 2014, most insurance company offici...
Romania's Insurance Market Flat At RON6.8B In January-October 2013
Insurance companies in Romania issued policies worth 6.8 billion lei (EUR1.5 billion) between January and October 2013, flat from the same period a year ago, according to the country's Finan...
Groupama Invested EUR700M In Romania
French-held insurer Groupama has invested some EUR700 million on the insurance market in Romania since 2007 and most of the money went towards buying insurers Asiban and BT Asigurari, said F...
Insurer Axa Negotiates Selling Romanian Business To Astra
French insurance giant AXA is in final negotiations to sell its Romanian subsidiary to the largest insurer on the market, Romanian-held Astra, according to market sources. The decision to wi...
Insurers Underwrote Premiums Of RON5B In January-September
Gross underwritten premiums of the ten largest insurers in Romania stood at almost 5 billion lei (EUR1.12 billion) in January-September, a mere RON35 million more than in the year-ago period...