OMNIASIG
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Omniasig’s Underwritten Premiums Fell 14.5% In Jan-Sept, To RON618.3M
Omniasig Vienna Insurance Group underwrote premiums of 618.34 million lei (EUR142 million) in the first nine months of the year, down 14.5% compared with the same interval a year ago, the in...
Omniasig On Merger With BCR Asigurari: Our Strategy Is “No Winners And No Losers”
The employees of insurers Omniasig and BCR Asigurari, which are in the process of merging to create the largest insurance company on the Romanian market, with over EUR300 million in revenue,...
Sales Decline Forces Insurance Market To Consolidate
The prolonged crisis is pushing the insurance market towards mergers to create stronger companies, considering that more than 40 companies share business of EUR2 billion and that the money h...
Major Merger On Insurance Market: Omniasig’s Name Prevails Over BCR Asigurari
The company resulting from the merger of Omniasig and BCR Asigurari, which will become the largest insurer on the Romanian market, will take the Omniasig name because the majority shareholde...
Omniasig 1H Underwritten Premiums Down 10.54%, To RON433M
Omniasig Vienna Insurance Group's underwritten premiums decreased by 10.54% in the first half of 2011, to 433.13 million lei (around EUR100 million), according to IFRS, the Romanian insurer...
Omniasig Shareholders Approve Preliminary Merger With BCR Asigurari - Sources
The shareholders of Romanian insurer Omniasig VIG on Thursday approved the preliminary merger with BCR Asigurari, the absorbing company, people close to the matter told MEDIAFAX.
VIG Plans Omniasig-BCR Asigurari Merger To Create Romania's Largest Insurer
After making acquisition after acquisition in recent years, so that it came to own four major Romanian brands it was feeling comfortable with, Austria’s Vienna Insurance Group (VIG) made the...
Omniasig 1Q Underwritten Premiums Down 6%, To RON221.1M
Omniasig’s underwritten premiums decreased by 6% in the first quarter of 2011, to 221.1 million lei (EUR53.8 million), the insurer said in a press release Friday.