omniasig

The Competition Council (CC) has announced on Tuesday it has fined nine insurance companies and the National Union of Insurance and Reinsurance Companies in Romania (UNSAR) by RON 246,739,195 (approx. EUR 53 million) for violating the…

Vienna Insurance Group (VIG)’s large CEE markets in the Czech Republic, Poland and Romania were the driving engine for growth in premiums and profit (before taxes) in the first quarter of 2018, according to a press release. “We have…

Omniasig’s total volume of gross written premiums was RON 1.06 billion last year, 2.24 percent below the level registered in 2016. According to a press release, this decrease is mainly due to the diminishing of the gross written premiums on…

Vienna Insurance Group (VIG) operations in Romania generated a profit before tax of EUR 6.2 million in 2017, up by 75.9 percent compared to 2016, when the profit was EUR 3.5 million, according to preliminary results for financial year 2017,…

65 percent of Romanians plan to reach Omu Peak in the near future, according to “Romanians’ relation with the mountain” study, conducted by Omniasig Vienna Insurance Group. However, even if 90 percent of them recommend hikings on the Omu…

For Omniasig, part of Vienna Insurance Group (VIG), 2016 was the year in which the company registered a positive development on most of the activity segments, strengthening its position on the non-life insurance market. According to a…

The domestic insurance market recorded, in the first half of 2016, a total of gross premiums written (GPW) of RON 5 billion (the value includes the activity of insurance companies in the country and abroad and that of branches), increasing…

Omniasig insurance company, controlled by Austrian Vienna Insurance Group (VIG), registered a slight decrease of gross written premiums of 0.5 percent in the first six months of 2016, amounting at RON 455.49 million, a level almost equal to…

Vienna Insurance Group (VIG) has taken over AXA Life Insurance Romania. The buyers are the two VIG group companies, BCR Asigurari de Viata and Omniasig, reads a release issued by the group. The purchase agreement of AXA Life Insurance SA…

The three companies controlled by Vienna Insurance Group (VIG) in Romania - Omniasig, Asirom and BCR Asigurari de Viata (BCR Life Insurance) – generated a profit (before taxes) of EUR 5.6 million last year, a press release informs on…