general insurance
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Number of Insurance Contracts Tops 17 Million in 1H/2021, Up 8% from 1H/2020
Romania’s insurers at the end of 1H 2010 had over 17 million insurance contracts in their portfolios, up 8% from the year-earlier period, in line with a report by the Financial Supervisory Authority (ASF).
NN Group Earmarks RON31.9M for New General Insurance Unit in Romania
The NN Group, which owns life insurance company NN Asigurari de Viata in Romania, has earmarked 31.9 million lei for capital for its new entity NN Asigurari, a general insurance business, pa...
NN Group to Enter Romanian General Insurance Market by Year-End
Dutch-owned NN Group, which operates life insurance company NN Asigurari de Viata and pension fund administrator NN Pensii in Romania, has received financial regulator clearance to enter the...
Omniasig Beats Allianz-Tiriac To Top Spot On General Insurance Market
Omniasig, a company held by the Vienna Insurance Group, climbed to the top spot on the local general insurance market, beating rival Allianz-Tiriac last year.
Ergo In Talks To Buy Credit Europe’s Local Insurance Business
Ergo, one of the leading insurers in Germany, is in advanced talks to buy the local insurance unit of Turkey’s Credit Europe, insurance industry sources told ZF.
Romania’s General Insurance Market Expected To Face Another Rough Year In 2014
Romania’s general insurance market is expected to face another rough year in 2014, just like in 2013, and the evolution of underwritten premiums is envisaged between -2% and +3%, representat...
Eureko Asigurari's Portfolio Shrunk 8.9% In 2011
The portfolio of Romanian insurer Eureko Asigurari shrunk by 8.9% last year, to 34,738 contracts, while revenue from underwritten premiums climbed 1.7% to 42.04 million lei (EUR9.26 million)...
General Insurance Not Picking Up After Q1 Fall
General insurers’ turnover is likely to slide by 5-10% this year, as April and May did not bring a sales rebound either, companies say.