INSURANCE
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Romania’s Insurance Market Surges 46% to RON4.66B in Q1/2022
Romania’s insurance market reached a volume of underwritten gross premiums of RON4.66 billion in the first three months of 2022, a record increase of 46% compared with the year-ago period, t...
Omniasig Hits Over RON500M Underwritten Premium Volume in 1Q/2022, Up 40% from Year-Earlier Period
Omniasig, the biggest company part of Austria’s Vienna Insurance Group (VIG), in the first three months of 2022 posted a gross underwritten premium volume of over RON500 million, 40% more th...
Euroins Becomes Romania’s Insurance Market Leader in 2021 after City Insurance Collapse
Euroins Romania is the new leader of the local insurance market, with over RON2.19 billion gross underwritten premiums at end-2021, up 67.4% from 2020, equaling a 15.4% market share, in line...
EximAsig 2021 Underwritings Hit RON29.9M
EximAsig, the insurance-reinsurance company majority held by EximBank, ended 2021 with gross underwritten premiums worth RON29.9 million, while the number of insurance contracts doubled from...
Uniqa Set to Expand Its Business in 2022
Uniqa Romania, made up of two companies belonging to Austria’s group Uniqa, wants to expand its business, with warranty insurance as a segment where the company wants to develop solutions, s...
Groupama Set to Focus Further on Business Line Development
Francois Coste, CEO of Groupama Asigurari says he expects 2022 to be a year of sustainable growth for the company, as well as a year to strengthen the good results generated in 2021. The com...
Asirom Expects RON760M Gross Underwritten Premiums at End-2021, Up 20% YOY
Asirom, the second biggest insurer in Romania and part of Austria’s group Vienna Insurance Group (VIG), forecast a volume of gross underwritten premiums of around RON760 million at the end o...
Metropolitan Life Jan-Sept Underwritten Premiums Hit RON389.5M, Up 29% from Year-Earlier Period
Metropolitan Life, the local subsidiary of Ireland’s Metlife Europe, ended the first nine months of 2021 with underwritten premiums worth RON389.5 million, 29% higher than in the same period...
Romania Insurance Market Up 15% to RON9.8B in Jan-Sep
The Romanian insurance market ended the first nine months of 2021 with gross written premiums of RON9.8 billion, up 15% compared with the same period in 2020, according to the data presented...