INSURANCE
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Groupama Retains Leading Position on Romania Insurance Market in Jan-Sept 2023
Groupama after the first nine months of 2023 was still the leading company on the insurance market, reaching a market share of almost 22%.
Insurance Market Sees Growth Of Only 2% To RON4.74B In Q1
The insurance market reached a volume of gross written premiums of RON4.74 billion in the first three months of 2023, an increase of only 2% compared with the same period last year, the Fina...
Frames: Romania Insurance Market to Reach Record High of RON16B in 2023
The insurance market in Romania could reach an all-time high of more than RON16 billion in 2023, supported by the increase in the value of policies, but also by the growing interest of Roman...
General and Life Insurance Market Reaches RON16.5B in 2022
The general and life insurance market reached a gross written premium volume of RON16.5 billion, preliminary data show, which does not include the gross written premiums of those insurers op...
Insurance Brokerage Market Sees 23% Growth to RON1.48B in Jan-Sep 2022
The insurance brokerage market recorded a 23% increase in revenue from insurance distribution to over RON1.48 billion at the end of the first nine months of 2022, about RON1.35 billion of wh...
Health Insurance Market Rises to RON509M in Jan-Sep 2022
The health insurance market in Romania reached gross written premiums of RON509 million in the first nine months of 2022, an increase of 33% on the year-earlier period, Financial Supervisory...
Autonom Group Branches Out Into Insurance
Autonom Protect, the services division for the insurance market of the Autonom Group, has entered into a distribution partnership with Greek company Hellas Direct, which has recently announc...
Transilvania Broker de Asigurare Posts RON7.8M Net Profit in H1
Transilvania Broker de Asigurare (TBK.RO), one of the largest insurance brokerage companies in Romania, ended the first half of 2022 with RON7.76 milion net profit, an increase of 130.3% on...
Insurance, Private Pension and Capital Market Assets Double in 2014-2022
The assets of the three non-bank financial markets in Romania – the insurance market, the private pension market and the capital market doubled from 2014 through the end of 2021, the Financi...