Signal Iduna Asigurare Reasigurare reported increases of 30% on the health insurance segment in the first half of 2023 compared to the same period of 2022, and the volume of gross underwritings exceeded RON137 million.
Signal Iduna Asigurari, which has a varied general insurance portfolio, saw a 27% increase in the volume of written gross premiums in January-June 2023 compared to the same period of 2022, exceeding RON45 million. The increase was sustained by all lines of insurance, but the most significant increases were recorded on the buildings and property insurance segment (+40%), the foreign medical insurance segment (+42%), the home insurance segment (+28%), and the professional and general liability insurance (+22%).
“The first half of 2023 brought solid results for our business, in line with our strategy of strengthening the Signal Iduna brand on the Romanian market. We also plan double-digit growth for the coming period, both in the health and general insurance segments. We aim to offer simple and easily accessible insurance solutions, covering both individual insurance needs and those of corporate and SME clients. We are keeping our focus on the digitalization process this year as well, in order to reach as many people and companies as possible with the right protection solutions”, said Tiberiu Maier, Chairman of the Executive Board of Signal Iduna Asigurare Reasigurare and Chairman of the Board of Directors of Signal Iduna Asigurari.
SIGNAL IDUNA Group is one of the largest financial groups in Germany, founded over 110 years ago. The company is currently present on the insurance markets in Germany, Poland, Hungary and Romania.