06.01.2022

BCR Asigurari de Viata, part of Austria’s Vienna Insurance Group (VIG), ended 2021 with RON30.7 million profit, an increase of 2.7% on 2020 and intends to disburse RON24.8 million dividends from it, 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

12.16.2021

Metropolitan Life, the local subsidiary of Ireland’s Metlife Europe, ended the first nine months of 2021 with underwritten premiums worth RON389.5 million, 29% higher than in the same period of last more

10.18.2021

Romania’s insurers at the end of 1H 2010 had over 17 million insurance contracts in their portfolios, up 8% from the year-earlier period, in line with a report by the Financial Supervisory Authority more

10.13.2021

Metropolitan Life, the second largest life insurer in Romania, posted RON255.9 milion gross written premiums in the first half, an increase of 31% on the RON195.2 million of the year-ago period. more

08.30.2021

Aegon Romania, the domestic unit of international financial group Aegon, ended the first three months of 2021 with a gross underwritten premium volume of RON36.8 million, 21% higher than in the same more

02.23.2021

Life insurance, a segment that has significant potential in Romania, reached RON2.22 billion gross written premiums at the end of 2020, 2% lower than in 2019. The gross written premiums, however, went more

06.27.2019

NN Asigurari, the largest life insurance company on Romanian market, part of Dutch NN Group, has increased its share capital by RON6.5 million, to RON120.5 million. The transaction has already been more

05.13.2019

NN Asigurari, the biggest life insurer on the Romanian market, reported a net profit of RON55.2 million in 2018, up 60% on the year, it said on its website. more

04.08.2019

Life insurance company Aegon Romania, part of international financial group Aegon, on Monday said it saw a 22% growth in life insurance sales year-on-year in 2018. more

10.22.2018

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01.19.2018

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05.03.2017

Ergo Asigurari de Viata, a company held by Germany’s Ergo group, last year posted the highest growth of the entire life insurance industry, as its gross written premiums went up from 46 million lei more

08.04.2016

Insurers BCR Asigurari de Viata and Omniasig, members of Austria’s Vienna Insurance Group (VIG), signed, on August 3, an agreement to take over life insurer AXA Life Insurance SA. more

07.14.2015

The lending revival will boost the life insurance market in 2015, which will be the only source of growth of underwritings on this segment, according to Emilia Bunea, CEO with Metropolitan Life. more

11.27.2014

The Romanian life insurance market is underdeveloped and its premium revenues are declining, as is the industry's share in the gross domestic product, according to a report Romania's antitrust body more

08.13.2014

US MetLife, which owns insurer Metropolitan Life in Romania, will not give up its goal to become number one on this market, even though rival ING Asigurari has been clinging on to that position more

06.17.2014

Life insurers’ clients canceled policies worth 92 million lei (EUR21 million) in January-March 2014, down 21% from the same period in 2013, according to data provided by the Financial Supervisory more

02.28.2014

French-held insurer AXA, which decided to pull out from Romania at the end of last year, booked a EUR26 million loss on the sale of its local life insurance operations, its annual report reveals. It more

01.27.2014

Romania’s life insurance underwritten premiums are expected to stagnate or grow by up to 5% in 2014, considering that the revenues of companies operating this segment fell 8% to 1.52 billion lei more

01.13.2014

AXA Life Insurance will provide voluntary health insurance to employees of power grid Transelectrica until October 2016 under a RON6.99 million contract, according to public procurement website more

02.25.2013

AXA Life Insurance Romania’s revenues from underwritten premiums increased 31% last year, from 24.8 million lei (EUR5.6 million) in 2011, according to insurance market regulator CSA. more

01.28.2013

Romania’s life insurance market is seen flat or up a mere 2% in 2013, mainly depending on the quality and performance of insurers' sales teams. more

08.08.2012

The portfolio of Romanian insurer Eureko Asigurari shrunk by 8.9% last year, to 34,738 contracts, while revenue from underwritten premiums climbed 1.7% to 42.04 million lei (EUR9.26 million), more

06.19.2012

AXA Life Insurance Romania wants to double revenues from underwritten premiums this year to 49 million lei (EUR11 million), the insurer’s sales manager, Dan Buta, told a news conference Tuesday. more