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Insurance - archive

112 insurers from European Union are interested in Romania

The number of insurance companies from the European Union which have notified their intention of operating in Romania to the Insurance Supervisory Commission exceeded 100. more...
(04.06.2007)

Motor Third Party Liability grew 19.32%

In the first quarter of 2007, the MTPL market registered a real growth in national currency of 19.32% according to the data published by the Insurance Profile Review. more...
(04.06.2007)

Private health insurance - substantial change or cosmetics?

We need a large private health insurance system, for all people... The growth of this segment will occur when the entire population has access to these services and not only the high class... more...
(24.05.2007)

The health insurance industry ready for reform

The reform in the health insurance system must rely on the public-private partnership, which should have as base a series of bi or trilateral partnerships between insurers, medical services providers, Insurance Supervisory Commission, National House of Pensions and Other Insurance Rights, Ministry of Public Health and other directly involved parts... more...
(25.05.2007)

The insurance market - EUR 2 billion in 2007

The total volume of underwritings on the Romanian insurance market, in the first trimester of 2007, has reached, according to the preliminary data, to RON 2,227 million, which means more than EUR 670 million. more...
(11.05.2007)

A decade like ten

In Europe there is no similar event like FIAR (The International Insurance-Reinsurace Forum), with such an original component; therefore I consider that an event like this is absolutely necessary more...
(11.05.2007)

The 23rd of May - Motor Insurance Day at FIAR

The motor insurance stake in the total insurance market exceeded 54% in 2006, meaning more than 65% of the general insurance segment. more...
(08.05.2007)

FIAR, 24th of May - Private Health Insurance Day

Private health insurance posted the biggest growth in the insurance market in 2006, with gross written premiums growing up 208% to EUR 9.77 million, according to Insurance PROFILE Review. more...
(09.05.2007)

Solvency II - strategic objective

ISC (The Insurance Supervisory Commission) Council approved on May 8th, 2007 the Commission's Strategy for 2007-2011 year period. more...
(09.05.2007)

RON 19.1 million written premiums for AVIVA

The first quarter of 2007 meant for AVIVA Life Romania an increase of its volume of gross written premiums with 30.45%, to approximately RON 19.1 million (EUR 5.82 million), compared to RON 14.64 million (EUR 4.46 million) in the similar period of 2006. more...
(10.05.2007)

Insurance Brokerage, debated at Sinaia

The year 2006 means for the Romanian brokerage industry an increase of the mediated premium volume with 40%, the domination of the motor insurance and of the brokerage companies specialized in leasing related mediation insurance... more...
(11.05.2007)

ISC talks with territorial insurers

The Romanian Insurance Supervisory Commission (ISC) has organized a meeting, on 10th of May, 2007, in Cluj-Napoca, between the insurance market, local public administration and mass-media representatives, as well as businessmen from North-West region. more...
(11.05.2007)

ERGO enters Romania

UNICREDIT's Board of Directors has approved a framework agreement between UNICREDIT, MUNICH Re and ERGO to extend the existing co-operation in Germany, Austria and Poland to further growth markets in the CEE region. more...
(11.05.2007)

MUNICH Re, Official Partner of FIAR 2007

The reinsurance company MUNICH Re has become the Official Partner of the anniversary edition of FIAR - International Insurance and Reinsurance Forum, which takes place between 21st and 25th of May, at Sinaia. more...
(25.04.2007)

GENERALI becomes the first insurer in CEE area

Italy's first insurer, Assicurazioni GENERALi S.p.A., will become also the leader insurance company in Central and Eastern Europe (CEE) by taking the majority stake in CESKA Pojistovna the largest life and non-life insurance group in the Czech Republic. more...
(30.04.2007)

Invasion of insurers from European Union

After 4 months from Romanian's integration in European Union, 66 insurers have notify the Insurance Supervisory Commission over their intention of operating on the Romanian market without to be under its supervision.
more...
(02.05.2007)

GARANTA has taken over NBG Insurance

The emerge between GARANTA and NBG has been approved by the Insurance Supervisory Commission, the decision being published in the Official Gazette of Romania. more...
(03.05.2007)

WILLIS Re, Principal Reinsurance Broker Partner at FIAR

WILLIS Re is the Principal Reinsurance Broker Partner of FIAR - The International Insurance Reinsurance Forum. more...
(25.04.2007)

UNIQA has big plans for Romania

Within the European expansion strategy, UNIQA Group Austria intends to take over the seventh-largest Romanian insurer, ASTRA-UNIQA, by buying the majority stake in the company. more...
(27.04.2007)

AON - 20 years of listing on the New York Stock Exchange

AON Corporation celebrates an important moment - on 24th of April 1987 AON was for the first time listed on New York Stock Exchange, listing symbol AOC. more...
(24.04.2007)

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