Prima pagină » English » Allianz-Tiriac, Omniasig, Asirom Remain Top Three Romanian Insurers

Allianz-Tiriac, Omniasig, Asirom Remain Top Three Romanian Insurers

Allianz-Tiriac, Omniasig and Asirom are the top three insurance companies by general and life insurance policies underwritten in the first quarter on the Romanian market, the same ranking as in December 2008, according to the Insurance Supervision Commission (CSA).
Allianz-Tiriac, Omniasig, Asirom Remain Top Three Romanian Insurers
09 iun. 2009, 15:44, English

Allianz-Tiriac underwrote premiums worth 349.31 million lei (EUR1=RON4.2132), Omniasig – RON331.6 million and Asirom – RON205.4 million. They are followed by Astra – RON199.1 million and BCR Asigurări – RON162.94 million.

With RON131.2 million in revenue, Uniqa (the former Unita) comes sixth, followed by ING – RON130.2 million and Asiban – RON124.2 million.

Generali, with RON120.1 million is on ninth place, followed by Euroins – RON117.4 million, overtaking Ardaf.

According to CSA, the total worth of underwritten premiums on general and life insurance was RON2.419 billion at the end of the first quarter, 1.31% higher than in March 2008. Companies earned RON2.03 billion from general insurance, 3% more than in March 2008.

The top 3 companies on the Romanian market by revenue from general insurance are Omniasig – RON331.6 million, overtaking Allianz-Ţiriac, which earned RON323.8 million, and Astra – RON197.7 million.

The life insurance market shrunk by 6% in the first quarter to RON392.3 million. This segment is led by ING Asigurări de Viata – RON130.2 million, AIG Life – RON46.2 million and BCR Asigurari de Viata – RON35.2 million. The ranking was the same in December 2008.