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Euroins Romania Seeks to Lower Exposure to Auto Liability Insurance Segment
Banks-Insurance

Euroins Romania Seeks to Lower Exposure to Auto Liability Insurance Segment

Euroins Romania, the second largest auto liability (RCA) insurance provider in the country, is refreshing its insurance products, starting with roadside assistance, comprehensive auto insura...

Loredana Frățilă-Cristescu · 04.06.2021 · 10:25 · 1 min
Signal Iduna, Allianz-Tiriac and Groupama Top Three Health Insurance Providers in 2020
Banks-Insurance

Signal Iduna, Allianz-Tiriac and Groupama Top Three Health Insurance Providers in 2020

The leader of the health insurance market in Romania in 2020 was Signal Iduna, with RON126 million gross written premiums, an increase of 27.3% on 2019, followed by Allianz-Tiriac and Groupa...

Loredana Frățilă-Cristescu · 06.04.2021 · 09:58 · 1 min
Life Insurance Up 28% to RON2.22B in Romania in Past Decade
Banks-Insurance

Life Insurance Up 28% to RON2.22B in Romania in Past Decade

Life insurance, a segment that has significant potential in Romania, reached RON2.22 billion gross written premiums at the end of 2020, 2% lower than in 2019. The gross written premiums, how...

Loredana Frățilă-Cristescu · 23.02.2021 · 10:32 · 1 min
Health Insurance Market Almost Triples in Five Years
Banks-Insurance

Health Insurance Market Almost Triples in Five Years

Health insurance market in Romania ended 2020 with RON451.5 million gross written premiums, Financial Supervisory Authority preliminary data show; premiums have almost tripled in the past fi...

Loredana Frățilă-Cristescu · 17.02.2021 · 10:10 · 1 min
Auto Liability Insurance Market Doubled in A Decade, Comprehensive Insurance Up 26%
Banks-Insurance

Auto Liability Insurance Market Doubled in A Decade, Comprehensive Insurance Up 26%

Mandatory auto liability insurance (RCA) has recorded a significant increase in the past decade, as gross written premiums doubled, while comprehensive insurance (Casco) lagged behind with s...

Loredana Frățilă-Cristescu · 16.02.2021 · 10:19 · 1 min
Financial Watchdog Seeks To Apply Unitary Approach For Stock Market, Insurance, Private Pension Sectors
Banks-Insurance

Financial Watchdog Seeks To Apply Unitary Approach For Stock Market, Insurance, Private Pension Sectors

Romania’s Financial Supervisory Authority (ASF) plans to implement a unitary approach for the management of the stock market, insurance and private pension sectors, through the coordination...

Ecaterina Craciun · 20.01.2021 · 12:08 · 1 min
Insurance Market Posts 51% Rise in Net Profit to RON100.9M in H1
Banks-Insurance

Insurance Market Posts 51% Rise in Net Profit to RON100.9M in H1

The insurance market ended the first half with 100.9 million lei profit, 51% more than in the year-ago period, Financial Supervisory authority (ASF) data show.

Loredana Frățilă-Cristescu · 30.10.2020 · 09:20 · 1 min
Uniqa Posts 2% Growth on General Insurance in Jan-May, Life Insurance Down 11%
Companies

Uniqa Posts 2% Growth on General Insurance in Jan-May, Life Insurance Down 11%

Uniqa Asigurari, the Romanian general insurance company of Austrian group Uniqa, registered 1.7% annual growth in underwritings in January-May, while life insurance company Uniqa Asigurari d...

Oana Gavrila · 14.07.2020 · 10:51 · 2 min
Romanian Insurance Market Grows 10% in 1Q/2020, to RON3B
Banks-Insurance

Romanian Insurance Market Grows 10% in 1Q/2020, to RON3B

Romania's insurance market grew 10% on the year in the first quarter of 2020, to nearly RON3 billion, according to preliminary data from the Financial Supervisory Authority.

Oana Gavrila · 17.06.2020 · 10:12 · 1 min