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Romanian insurer Allianz-Tiriac Asigurari has secured approvals from the Financial Supervisory Authority (ASF) and the Competition Council to acquire majority…
Ergo International, a division of reinsurance major Munich Re, has decided to offload its four more European insurance businesses to…
The gross written premium of Romania’s life insurance segment is forecast to rise from RON1.73bn ($423.1m) to RON1.92bn in 2020…
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AXA has agreed to sell its life and savings insurance operations in Romania to Vienna Insurance Group (VIG) and exit…
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Boosted by economic recovery, Romanias life insurance market is expected to rise from RON 1.56bn in 2014 to RON 1.84bn…
ByRecent austerity measures and high unemployment rates have left many Romanians unable to afford life insurance products, but low penetration…
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