Gothaer representatives also said Gothaer Romania will develop and implement a strategy aimed at realigning the company’s activities in Romania, a strategy to be unveiled in the first quarter of 2019.
Gothaer Group’s plans in Romania will still be carried out in accordance with the applicable legal provisions and the Solvency II standards.
Gothaer Asigurari Reasigurari is the Romanian division of Gothaer Group, one of Germany’s leading mutual insurance companies. Boasting an experience of almost 200 years on the insurance market, Gothaer Group has more than 4.3 million customers, managing an asset portfolio of over EUR28 billion and annually subscribed gross premiums of approximately EUR4.4 billion.
In over five years of activity in Romania, Gothaer Asigurari Reasigurari has paid nearly EUR50 million in over 32,000 damage claim files, having more than 375,000 unique customers, on all business lines, including guarantees and crop insurance.