INSURANCE
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Watford Aims For 1%-1.5% Share Of Auto Liability Insurance Market In Its First Year In Romania
Watford Insurance, the latest actor to enter Romania’s auto liability insurance (RCA) market, set out to reach about 1% to 1.5% market share or about 40 million to 55 million lei (EUR8.6 mil...
City Insurance And Euroins Sales Down In Q1
The first quarter of 2018 witnessed surprising trends in terms of sales of insurers specializing in auto liability insurance (RCA), as companies like City Insurance and Euroins posted more t...
Allianz-Tiriac Back In The Lead On Insurance Market In Q1, 2018
Allianz-Tiriac regained the leading position on the local insurance market in the first quarter, a year after being dislodged by City Insurance, the largest provider of auto liability insura...
Insurer Gothaer Paid Claims of Over RON13M to Farmers in 2017
Insurer Gothaer Asigurari Reasigurari paid claims of over RON13 million to farmers in 2017 for crop, livestock, and poultry damages, the company said in a press release Thursday.
Omniasig: Growth Opportunities To Come From SME And Retail Segments In 2018
Growth opportunities for local insurers this year will come from small and medium-sized companies, an insufficiently tapped segment, and the from the retail segment, says Mihai Tecau, CEO of...
Allianz-Tiriac Business Flat, Profit Up in 2017
Allianz-Tiriac, the second largest insurer in Romania after City Insurance, will end the year with 1.2 billion to 1.3 billion lei (EUR259 million to EUR280 million) gross written premiums, t...
ZF Insurance Summit 2017: Time To Talk More About Optional General And Life Insurance
Insurance companies and the public opinion should discuss more about optional insurance, be it general or life insurance and less about auto liability insurance (RCA), if they want to see th...
How Three Insurers Go To More Than 70% Share Of Auto Liability Insurance Market
Auto liability insurance (RCA), a market of about 4 billion lei (EUR870 million) a year, is now dominated by three companies, which account for more than 70% of it. This is the highest level...
Romanian Insurance Market Grows 8% in 1H/2017, to RON5.05B
Romania's insurance market grew 8% on the year in the first six months, to RON5.04 billion, data from the country's financial watchdog showed Monday.