OMNIASIG
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Omniasig Wants To Hike Share Capital By EUR30M
The shareholders of Romanian insurer Omniasig VIG (former BCR Asigurari) will meet on November 20 for talks on increasing share capital by 138.3 million lei (EUR30 million), to RON388.5 mill...
Two Omniasig Executives To Leave Company In Upcoming Period - Sources
Constantin Marica and Liviu Stoicescu will leave Romanian insurance company Omniasig in the upcoming period, people close to the matter said Monday.
New Insurers Want To Join Mandatory Private Insurance Providers PAID
Omniasig, Allianz-Tiriac and Asirom - the three major insurers which are not part of the scheme that covers against natural hazards - are negotiating their entry into the shareholder structu...
High Car Insurance Claims Drive Omniasig To EUR41M Loss
Omniasig, a company controlled by Vienna Insurance Group (VIG), posted a loss of 181 million lei (EUR41 million) last year because of the surge in car policy claims. 2011 was the first year...
Constantin Toma Sells 67% In Insurer Platinum To Gothaer
Constantin Toma, the man who created and ran Omniasig for sixteen years until 2011, sold the controlling interests in non-life insurance company Platinum to Germany’s Gothaer.
Omniasig And BCR Asigurari Unable To Beat Astra Despite Merger
Omniasig and Astra continue to fight over the leading position on the general insurance market, as the cumulated revenue of Omniasig and BCR Asigurari, which merged last month, fell below As...
Omniasig Eyes Underwritten Premiums Of RON1.2B In 2012
Romanian insurer Omniasig (former BCR Asigurari) estimates it will underwrite insurance premiums of 1.2 billion lei (EUR269 million) in 2012, a volume similar to that in 2011, the company's...
Omniasig: 2012 Will Be A Difficult Year For Insurance, Slight Growth Expected
This year will be difficult for the insurance market, with a slight growth in underwritings, said Mihai Tecau, CEO of Romanian insurer Omniasig (formerly BCR Asigurari).
Mihai Tecau Named Board Chairman Of Insurer Omniasig
Mihai Tecau has been appointed chairman of the board of Romanian insurer Omniasing, set up through the merger of insurers BCR Asigurari and former Omniasig, controlled by Austrian group Vien...