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

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.
 

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