Insurance

SIGNAL IDUNA ASIGURARE REASIGURARE has received final approval from Romania’s Financial Supervisory Authority (ASF) to acquire a majority stake in Garanta Asigurări, formerly owned by Ethniki Insurance, Greece’s most established composite insurer. This marks another strategic step in SIGNAL IDUNA’s steady expansion in Romania, a country where the group has operated for over 16 years. Known for its focus on health and

Sofia-headquartered tbi bank joined forces with DAW Management, one of Romania’s largest insurance brokers. As a result, Romanian clients can purchase insurance, including mandatory RCA policies, through the Buy Now, Pay Later (BNPL) solution, and pay in four interest-free installments or 6-12 installments with interest. Amid an environment where everything has become more expensive insurance policies prices make no exception. This is

Over the first half of 2023, insurance firm Groupama Asigurari retained its top spot on the Romanian overall insurance market, with a yet significant surge in gross written premiums (GWP) of 27.8%, up to RON1.99 billion, y-o-y. With a broad network of agencies and multiple distribution channels, Groupama Asigurari offers a range of products from property and casualty insurance to life and