05.02.2025

Insurers’ total assets crossed the RON36 billion threshold at the end of 2024, coming to weigh 2.1% in GDP, reveals the latest report on non-banking financial markets stability 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

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

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

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

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

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

05.04.2023

Romania’s insurance market reached a gross underwritten premium volume of RON16.5 billion at the end of 2022, up 16% from 2021, with general insurance weighing 84%, meaning an underwritten premium more

02.27.2023

Millenium Insurance Broker (MIB), an insurance broker with 25 years of experience in the Romanian market, is making its debut on the AeRO market of the Bucharest Stock Exchange (BVB) on Monday (Feb more

02.21.2023

Insurance-reinsurance brokerage firm Millenium Insurance Broker (MIB), a company majority held by mobility network Autonom Services, with bonds listed on the Bucharest Stock Exchange, is getting ready more

12.20.2022

Romania’s insurance market reached a volume of underwritten gross premiums of RON12.1 billion in the first nine months of 2022, up 23% versus the year-ago period, the country’s Financial more

09.27.2022

Romania’s insurance market reached a volume of underwritten gross premiums of RON8.76 billion in the first half of 2022, up 44% compared with the year-ago period, the country’s Financial more

02.21.2022

Romania’s life insurance market reported underwritings of RON2.6 billion at the end of 2021, up 17.6% from 2020, but, in terms of the weight held in the overall market, this segment seems to be more

02.08.2022

Romania’s insurance market ended 2021 with underwritten gross premiums of RON14.3 billion (nearly EUR2.86 billion), seeing the biggest annual growth of the last decade, of 24%, versus 2020, said more

07.29.2021

The Romanian insurance market registered gross underwritings of RON3.19 billion in the first quarter of 2021, up 8.2% from the same period in 2020, the country's financial regulator said in a report more

03.25.2021

Insurance companies operating on the Romanian market reported total underwritings of RON11.5 billion in 2020, up 4.6% compared with 2019, the country's financial regulator said in a report Thursday. more

02.19.2021

Guarantee insurance, a segment included in the category of general insurance, registered underwritten gross premiums of RON464.5 million at the end of 2020, up 68% from 2019, with the value of more

02.11.2021

Romania’s insurance market reached a volume of underwritten gross premiums of RON11.5 billion in 2020, up 5% compared with 2019, according to Romania’s Financial Supervisory Authority (ASF). more

01.20.2021

Romania’s Financial Supervisory Authority (ASF) plans to implement a unitary approach for the management of the stock market, insurance and private pension sectors, through the coordination of all more

12.21.2020

Romania’s insurance market registered underwritten gross premiums of over RON8.5 billion in January-September 2020, approximately 4.8% higher than the level reported in the same period in 2019, data more

12.09.2020

The Romanian insurance market registered gross underwritings of RON8.5 billion in the first nine months of 2002, up 4.8% on the year, an official of the financial authority said Wednesday. more

08.25.2020

Romania’s Financial Supervisory Authority (ASF) launched an open tender on August 14 for the acquisition of advisory services in order to assess the assets and liabilities on the local insurance more

06.29.2020

The Romanian insurance market, which grew 10% in the first quarter, is expected to post a decline of 15% in the second quarter due to pandemic driven restrictions but may recover in the third quarter, more

04.03.2020

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