Omniasig VIG plans to issue 39,507 million shares with a face value of RON3.5 per share, which may be bought by the insurer’s shareholders.
Omniasig underwrote premiums of RON548.9 million in the first half of 2012.
Omniasig is part of Austrian group Vienna Insurance Group (VIG), which owns over 99% of the insurer. VIG also own in Romania insurance company Asirom.