INSURANCE
298 articole · RSS
Insurers’ Ranking After 1Q: Astra Remains No. 1, Omniasig And Allianz Vie For No. 2
Six of the nine largest general insurers reported higher gross written premiums in the first quarter of the year, while the other three recorded double-digit business declines.
Insurers Underwrote Premiums Of RON2.1B In 1Q, Paid Damages Worth RON1.3B
Romanian insurers paid damages of 1.3 billion lei (EUR0.3 billion) in the first quarter of 2012, up 3.12% on the year, while underwritten premiums dropped 1.8% to RON2.13 billion, according...
UNSAR Members' Underwritten Premiums Up 2% In 1Q, To RON1.94B
Premiums underwritten by insurers that make up the National Union of Insurance and Reinsurance Companies in Romania (UNSAR) rose 2% in the first quarter of 2013 to 1.94 billion lei (EUR0.44...
Transelectrica Wants To Buy RON7.3M Health Insurance For Its Employees
Romanian power grid operator Transelectrica (TEL.RO) will set up an auction, at the end of June, in order to contract private health insurance services for its employees.
Insurer Astra Net Profit Falls To RON6.7M In 2012
Insurer Astra held by businessman Dan Adamescu posted net profit of 6.7 million lei (EUR1.53 million) in 2012, down from RON81 million in 2011 because of the significant decline in revenue f...
Foreign Insurers Added Half A Billion Euros To Romanian Insurers’ Capital Since Start Of Crisis
Foreign insurers brought EUR450 million to the capital of Romanian subsidiaries since the beginning of the economic crisis in order to cover ‘loopholes’ of over half a billion euros triggere...
Low Profit Margin Discourages Insurers From Selling Health Insurance Policies
Damages paid by insurers selling private health insurance policies amount to 90% of underwritten premiums on this segment, while administration expenses reach 5-6%, which explains why only a...
Astra Asigurari To Insure Fleet Of Airline Germania Fluggesellschaft
Romanian insurer Astra Asigurari said Thursday it will insure the fleet of Berlin-based airline Germania Fluggesellschaft and the contract is valid until April 2014.
Insurance Clients Cancelled Policies Worth A Record-High EUR96M Last Year
Early redemptions of life insurance policies reached record highs in 2012, as need for cash stayed high.