insurance
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Nine bleak months for insurance companies
Most large insurers reported losses or lower profits in the first nine months of the year, due to an increase in the rate of claims. The first nine months of this year were bleak for the lea...
Aviva: domestic life insurance sales to rise by 40% in 2008
The price Aviva Asigurari de Viata paid for mutual fund manager Certinvest (purchased in early September) was much higher than normal for such a company on foreign markets, explains Shah Rou...
Foreigners inject 7.7bn euros into banks and insurance companies
Foreign investors have injected almost 7.7 billion euros in local banks and insurance companies over the last 17 years. The banking and insurance sector attracted over 22% of the total volum...
ING's insurance profit halves
ING Asigurari de Viata (ING Life Insurance), posted a gross profit worth 2 million euros in the third quarter of the year, half as much against the same time last year. Overall, in the first...
Vienna Insurance a cumparat inca 20% din Asirom pentru 30 mil. euro (Update)
Compania Vienna Insurance a achizitionat astazi un pachet de actiuni, reprezentand 20% din capitalul companiei de asigurari Asirom la o valoare de 98,2 milioane de lei (29,4 milioane euro),...
Vienna Insurance could close Agras
Agras, the first Romanian company to specialise in agricultural insurance, with business worth 6 million euros in 2006, could merge with another company, or be closed down. This would be fir...
Astra-Uniqa, poised to enter unit-linked insurance
Astra-Uniqa, an insurance company controlled by Austria's insurance group and businessman Dan Adamescu, will enter the market of unit-linked insurance early next year. Unit-linked insurance...
Bank and insurance wages resume strong increase
The wages of employees in the banking system and in insurance companies have resumed a strong increase, after a significant slowdown in 2006, shows data from the National Statistics Institut...
Consiliul Concurentei a avizat tranzactia Asirom - Vienna Insurance
Consiliul Consurentei (CC) a avizat achizitia a 30% din Asirom de catre austriecii de la Vienna Insurance Group, care mai detin in Romania companiile Omniasig, Omniasig Life, Unita si Agras....