The total volume of damage claims paid by the company during this period reached approximately RON600 million.
On the vehicle insurance segment (voluntary car insurance Casco and third-party motor vehicle insurance premiums RCA), Omniasig registered gross premiums of nearly RON667 million, over 14% higher than in the same period in 2018. The Casco insurance segment saw an upward trend in the first nine months of 2019, growing 20% on the year. On the RCA segment, the volume of underwritten gross premiums grew 5%.
On the Property insurance segment (insurance against fire and natural calamities), underwritings grew 10%, in line with the company’s strategy aimed at developing the non-motor insurance segments.
Underwritings on the health insurance segment were over 30% higher than in the first nine months of 2018, while accident and sickness insurance saw an increase of 9%.
Omniasig is one of the three firms held by Austria’s Vienna Insurance Group (VIG) in Romania, alongside Asirom and BCR Asigurari de Viata.
VIG comprises some 50 companies in 25 countries.
VIG, which controls nearly a quarter of the Romanian insurance market, through the three abovementioned companies, saw a nearly 13% decline in the underwritten gross premiums of its Romanian portfolio, to EUR342 million, in the first nine months of 2019, according to VIG financial report.