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INSURANCE
Aforti Finance IFN kicks off operations in Romania, grants the first loan
Aforti Finance Romania IFN S.A., part of Aforti Holding, a Polish financial capital group that has been present on…
IFC invests in Romania’s first cover bond issue to increase mortgage lending
IFC, a member of the World Bank Group, was a key investor with a EUR 50 million investment in the first covered…
Bulgaria’s Euroins acquires Germany’s ERGO subsidiaries in Romania, the Czech…
Bulgaria-based Euroins Insurance Group AD (EIG), an insurance group in the CEE/SEE/CIS region, owned by Eurohold…
Update: Competition Council fines EUR 53m nine insurance companies and UNSAR,…
The Competition Council (CC) has announced on Tuesday it has fined nine insurance companies and the National Union…
The shareholders of OTP Leasing Romania approved RON 5.5 M capital increase
The shareholders of OTP Leasing Romania, OTP Bank Romania and Merkantil Bank Hungary, approved a capital increase…
Polish CEDE posts revenues of RON 25 M in 2017, aims for solid growth in 2018
Centrul European de Despăgubiri (CEDE), a Polish company specialized in helping victims of road accidents receive…
Watford Insurance, the newest player in the Romanian insurance market, marks the…
Watford Insurance Company Europe (Watford Insurance), has announced the launch of its operations in Romania on…
OMNIASIG posts over 9% increase of the gross written premiums in the first half of…
OMNIASIG Vienna Insurance Group announced the registered gross written premiums for the first half of 2018 had…
VIG result for H1 2018 up by +5.5 pct to around EUR 233 million, despite…
Vienna Insurance Group’s (VIG) result (before taxes) in the first half of 2018 increased by +5.5 percent compared…
Romania, among VIG’s main markets for growth in premiums and profit in Q1
Vienna Insurance Group (VIG)’s large CEE markets in the Czech Republic, Poland and Romania were the driving engine…