insurance
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Insurance market exceeds 2 billion euros in 2007
Insurance companies' sales reached 7.17 billion RON (2.15 billion euros) last year, up 25 percent on 2006, on the back of motor insurance and life insurance, the latter of which picked up pa...
BRD set to enter life insurance segment
BRD-SocGen group is preparing to create a new unit - BRD Asigurari de Viata, which, according to the organised schedule, will start its operations in August, Damien Marechal, country manager...
Faster increase in banking and insurance salaries last year
The annual salary of bankers went up by 24% last year (in euros), and by 20% for employees working in insurance. Both increases top those registered in 2006 (by 13% and 15% respectively), al...
Porsche sets up insurance company
Financial Group Porsche will, by the end of this year, set up a general insurance company that will exclusively sell comprehensive insurance. "At the end of last year, the group decided to s...
Stock market slump wipes out unit-linked insurance gains
More than half of investment funds attached to unit-linked insurance started the year in the red as foreign and Bucharest stock exchange decline ate into yields. Practically, 26 of the 42 fu...
Vienna Insurance Group s-a listat la Praga
Vienna Insurance Group (VIG) s-a listat, marti, la bursa din Praga, fiind prima companie de asigurari ale carei actiuni sunt tranzactionate pe aceasta piata de capital. "Actiunile Vienna Ins...
Car insurance takes BCR Asigurari's turnover to 174m euros
BCR Asigurari, ranked third on the general insurance market, saw turnover advance by almost 45% last year, to around 174m euros (580m RON). "We did very well on comprehensive and auto liabil...
Europa Centrala si de Est a asigurat 43% din primele subscrise de Vienna Insurance Group in 2007
Grupul austriac Vienna Insurance Group (VIG) estimeaza ca primele subscrise au depasit in 2007, pentru prima data, sapte miliarde de euro, pe fondul contributiei semnificative a pietelor cen...
OTP puts insurance division up for sale
OTP, the largest financial group in Hungary, present in Romania through OTP Bank, OTP Garancia Asigurari (the insurance division) and OTP Fond de Pensii (the private pensions division), coul...