The automotive segment (mandatory car insurance policies RCA and voluntary car insurance Casco) saw a combined increase of 12% year-on-year in 2018, due to a sustained growth in underwritings, for both mandatory and voluntary car insurance. The overall value of damage claim payments on the automotive segment rose by 15%, to over RON571 million.
Underwritten gross premiums increased by 6%, year-on-year in 2018, to nearly RON211 million, on the property insurance segment, and by 52% on the health insurance segment.
Gross premiums underwritten on the travel insurance segment grew 25% year-on-year in 2018, to over RON13 million.
Austria’s Vienna Insurance Group (VIG) comprises some 50 companies from 25 countries, in Central and Eastern Europe, where it has some 25,000 employees.