04.02.2025

Groupama at end-2024 reached a gross underwritten premiums volume of almost RON4.4 billion, up 7% from 2023 and remains leader of the entire local insurance market, in line with data published by the more

04.01.2025

Romania’s insurance market reached a volume of gross underwritten premiums of RON23.4 billion at the end of 2024, up 11% against 2023, in line with data released by Romania's Financial Supervisory more

03.27.2025

Millenium Insurance Broker, among the 10 largest players on the local market, recently listed on the AeRO market of the Bucharest Stock Exchange, ended 2024 with net profit worth a little above more

03.06.2025

Law firm Clifford Chance Badea has advised Alpha Bank S.A. and Alpha International Holdings S.MS.A. in connection with the 100% sale of Alpha Leasing Romania IFN and Alpha Insurance Brokers to Vista more

03.04.2025

Entrepreneurial ride-sharing company Autonom, held by Stefan brothers, has boosted its ownership stake in insurance-reinsurance brokerage firm Millenium Insurance Broker (stock symbol: MIB) by more

03.03.2025

Vista Bank has announced on March 3 the agreement with Alpha Bank S.A. and Alpha International Holdings S.MS.A. 100% subsidiaries of Alpha Services and Holdings S.A., for the acquisition of the more

11.22.2024

tbi bank, which provides flexible payment solutions, has signed a partnership agreement with insurance broker DAW Management, whereby customers can buy insurance, including auto liability insurance more

08.20.2024

NN announced that it paid over RON575 million in the first half of 2024 to life, health, and home insurance clients and to participants to private pension funds managed by NN, which translates into a more

08.13.2024

Insurance broker Transilvania Broker de Asigurare (TBK.RO) posted RON2.3 million net profit in the first half of 2024, 58.3% lower than the RON5.5 million in the year-ago period. more

07.24.2024

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

07.11.2024

tbi bank, which provides flexible payment solutions, has signed a partnership agreement with insurance broker Pint.ro, whereby customers can buy insurance, including auto liability insurance RCA, more

05.20.2024

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

04.15.2024

Clifford Chance Badea, the Bucharest office of global law firm Clifford Chance, has advised UK-based PIB Group Europa, backed by global private equity firms Apax Funds and The Carlyle Group, in more

04.02.2024

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

03.16.2024

Millenium Insurance Broker (MIB), an insurance broker majority owned by mobility network Autonom Services, is summoning its shareholders to approve, among others, the distribution of RON2.3 million as more

02.29.2024

NN paid insurance customers and private pensions participants a total RON983 million in 2023, higher by 27% than in 2022. more

02.08.2024

Insurance companies settled home damage insurance claims in the amount of over RON119.2 million in the first nine months of 2023, up 61% compared to insurance claim settlements of RON74.1 million in more

02.07.2024

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

11.15.2023

Insurance broker Millenium Insurance, majority owned by mobility network Autonom Services, reported RON42 million turnover in the first nine months of 2023, up 13% from the year-earlier period, while more

10.06.2023

The Romanian insurance market reached a volume of gross written premiums of RON9.1 billion in the first half of 2023, an increase of almost 4% compared with the same period of 2022, the country's more

10.03.2023

Total assets of insurance companies in Romania stood at RON26.3 billion at the end of the first quarter of 2023, up 2.5% on the year, while debts stagnated at RON19.4 billion, up just 0.1% on the more

08.03.2023

Signal Iduna companies registered a volume of underwritten gross premiums of over RON200 million in the first half of 2023, up 34% from the year-earlier period. more

07.13.2023

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

07.03.2023

Groupama and Alpha Bank Romania have launched an extended version of the “Travel all Seasons” travel insurance, providing remote medical support, through the ÎntreabăMedic telemedicine service. more

06.26.2023

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