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Tag Archives: Romanian insurance market

ASF: The insurance market increased by 3.5 pc in 2017 to RON 9.7 bn

The insurance market in Romania continued the upward trend in 2017 too and the insurance companies authorized and regulated by the Financial Supervisory Authority (ASF) subscribed gross premiums of RON 9.7 billion, 3.5 percent more compared to the previous year, ...

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A US-based large company to enter the Romanian RCA market

The domestic compulsory motor insurance policies (RCA) market is becoming more and more attractive for important players. ”We will probably have, by mid-year, yet another big player to enter the Romanian market. It is a player coming from the United ...

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Romanian insurance market is a stable one. ASF reported a first. See what it is about…

The insurance market in Romania is a stable one, characterized by the improvement of the prudential and liquidity indicators, according to the analysis carried out by the Financial Supervisory Authority (ASF) following the reports sent by the insurance companies, a press ...

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City Insurance appoints new Board of Directors

City Insurance, Romania’s RCA market leader, has announced the appointment of a new Board of Directors. According to a press release, the nominees are: Epameinondas Papanikolaou – President, Renato Szilagyi – Vice-president and Bodo Herold, Member. The nominees are awaiting ...

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Romanian insurance market, up by 8 pc in H1, to RON 5.04 bn

The insurance companies licensed and regulated by the Financial Supervisory Authority (ASF) registered, during the first semester of 2017, a total gross premiums written (GPW) totalling RON 5.04 billion, up by 8 percent as compared with the same period of ...

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Florin Niculescu joins Asirom VIG team as Head of Underwriting

Asirom Vienna Insurance Group (Asirom VIG), one of the leading insurance companies on the market, appoints Florin Niculescu as Head of Underwriting and Reinsurance Division, who will coordinate a team of 23 people, a press release informs. Florin Niculescu brings ...

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Romanian insurance market last year, above the peak reached in 2008

The insurance market in Romania in 2016 reached a volume of gross premiums written (GPW) of RON 10.05 billion, 10 percent more year-on-year, when it was recorded an increase of 9 percent compared with 2014 GPW, the Financial Supervisory Authority ...

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Romanian insurance market, up by 11 pc in H1 2016, reaching RON 5 bn

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 ...

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