miercuri, 10:29

Romania’s insurance market reached a volume of gross underwritten premiums of above RON5.5 billion at the end of the first quarter of 2024, registered a slight increase of 3.2% from the same period more

2 iul 2024

Global fintech Revolut saw its retail client base go up by 13% in the first six months of 2024 and will shortly reach the 4 million client threshold. more

26 iun 2024

Romanian fintech Instant Factoring IFN has signed a EUR1 million subordinated loan agreement with the European Investment Fund to expand lending to small enterprises in Romania. more

27 mai 2024

Allianz-Tiriac, the second largest insurer in Romania, ended 2023 with RON3.5 billion underwritings, up 21%, and RON346 million, 44% higher than in 2022. more

20 mai 2024

Romania’s insurance market has grown a lot and more than doubled in the past decade, while its main segments have either performed the same or tripled or grown ten-fold, like the life insurance more

15 mai 2024

Raiffeisen Bank has decided to go with Visa at its only card partner, which means the bank will be issuing new cards for those who already have Mastercard Raiffeisen Bank cards, its officials more

2 mai 2024

BRD (BRD.RO), the fourth largest bank by assets in Romania, ended the first quarter of 2024 with a slightly lower (5%) net profit, RON326 million, while lending to individuals and companies grew at more

24 apr 2024

NN Asigurari de Viata, leader of Romania’s life insurance market, ended 2023 with net profit worth almost RON102 million, up 12% from 2022. more

2 apr 2024

Groupama remained the leader of the RON18.2 billion insurance market in Romania in 2023, following a 37% increase in gross written premiums to more than RON4 billion. more

2 apr 2024

Romania’s insurance market ended 2023 with gross written premiums of RON18.2 billion, an increase of 10% on 2022, of which general insurance premiums accounted for RON15.2 billion and life insurance more

20 mar 2024

Lucian Anghel, who ran Banca Romaneasca between January 2020 and December 2022 has received approval from Romania’s central bank to become deputy chief executive officer of Libra Internet Bank, more

7 feb 2024

Groupama after the first nine months of 2023 was still the leading company on the insurance market, reaching a market share of almost 22%. more

19 dec 2023

Mobility company Autonom has an annual minimum investment budget of EUR60 million and plans that 13% of the about 3,000 cars it buys a year to be electric and hybrid vehicles in 2024, Autonom CEO more

14 dec 2023

Omniasig, a company owned by Austria’s Vienna Insurance Group (VIG), at the end of the first nine months of 2023 reported gross underwritten premiums of above RON1.7 billion, up 10% from the more

13 nov 2023

OTP Bank Romania in the first nine months of 2023 posted RON236 million consolidated net profit. more

13 iul 2023

Romania’s insurers last year hit an all-time high in terms of total net profit, at RON773 million, double the 2021 level and more than 12 times higher than the 2020 one, in line with information more

26 iun 2023

The insurance market reached a volume of gross written premiums of RON4.74 billion in the first three months of 2023, an increase of only 2% compared with the same period last year, the Financial more

5 apr 2023

Poland’s Unilink is going to be taken over by global insurance and fintech broker Acrisure, meaning that after the deal Safety Broker, leader of Romania’s insurance brokerage market will belong to more

31 mar 2023

Patria Credit, a non-banking financial institution part of Patria Bank Group, in 2022 registered EUR1.55 million net profit and reported 22% portfolio expansion, to EUR32.5 million. more

2 mar 2023

Francois Coste, the chief executive officer of Groupama Asigurari, which became the insurance market leader in Romania shortly after former leader City Insurance went bankrupt, has received approval more

16 feb 2023

The general and life insurance market reached a gross written premium volume of RON16.5 billion, preliminary data show, which does not include the gross written premiums of those insurers operating in more

16 feb 2023

Building materials maker Cemacon Cluj, 95% controlled by Paval brothers via two investment vehicles, ended 2022 with net profit worth almost 70 million, up 27.3% from the net result of 2021, amid more

16 ian 2023

Eazy Asigurari, the first insurtech in Romania to recently receive the approval of the Financial Supervisory Authority (ASF), plans to invest EUR50 million over the next three years, with the main more

4 ian 2023

The health insurance market in Romania reached gross written premiums of RON509 million in the first nine months of 2022, an increase of 33% on the year-earlier period, Financial Supervisory more

9 dec 2022

Euroins Romania, leader of the local third-party motor vehicle insurance (RCA) market, is going ahead with another RON100 million capital raise planned for the company’s development and the strategy more