SIGNAL IDUNA ASIGURARE REASIGURARE S.A. announces the completion of the merger by absorption of the company SIGNAL IDUNA ASIGURARI DE VIATA S.A. The Financial Supervisory Authority (ASF) published the decision. After going through all the stages of the complex takeover process, the portfolio of products and services was transferred and integrated under the SIGNAL IDUNA brand. In addition, the insurance policies contracts signed with SIGNAL IDUNA ASIGURARI DE VIATA S.A. have been taken over by SIGNAL IDUNA ASIGURARE REASIGURARE S.A. as an insurer. Similar standards of quality and professionalism will continue to be followed during the insurance contract unrolling. Last year, SIGNAL IDUNA ASIGURARE REASIGURARE S.A. received the approval of the ASF and the Competition Council for the purchase and later for the completion of the transaction of the ERGO AsigurAri, which changed its name to SIGNAL IDUNA ASIGURARI S.A., and ERGO AsigurAri de VIATA, named SIGNAL IDUNA ASIGURARI DE VIATA S.A. SIGNAL IDUNA ASIGURARI S.A. remains an independent entity that continues its activity in the Romanian insurance market. SIGNAL IDUNA thus expands its operations on the local market with a range of varied solutions, responding to the changing expectations of Romanians through efficient and affordable products and services.
Participation in cultural education activities continues to be limited, with the main barriers being difficult access, insufficient knowledge, and cost, the recently released Cultural Consumption Barometer 2024 shows. The report showed that many Romanians still associate culture with entertainment rather than with personal development or furthering their knowledge. The need for relaxation dominates in cultural […]
Roughly 84% of Romanians say that the pace of the state’s digitalization is slow or very slow, according to an Edge Institute & AtlasIntel study presented at the Digital Governance Summit 2025, which took place on Tuesday, November 25, at the presidential palace in Bucharest. The survey aims to capture the way citizens relate to […]
Romania’s Superior Council of Magistracy (CSM) issued a negative opinion on the new bill regarding magistrates’ pensions. The move is only the latest development concerning a heated issue that led to tensions between the executive and the judiciary branch. CSM’s opinion is consultative, and the government led by Ilie Bolojan can still take responsibility for […]
Romania took the presidency of the Central European Initiative (or CEI) on Wednesday, November 26, according to a press release from the Ministry of Foreign Affairs (MAE). The organization is a regional intergovernmental forum established in 1989, following the fall of the Berlin Wall. It gathers 17 Member States in Central, Eastern, and South-Eastern Europe […]
Trade between Romania and Poland continues to grow, with annual bilateral exchanges in goods now valued at more than EUR 12 billion, according to figures presented by the Polish-Romanian Bilateral Chamber of Commerce and Industry (PRBCC). The data was released during a reception in Bucharest marking Poland’s Independence Day and Romania’s National Day. Polish investments […]
As Romania moves closer to implementing the EU Pay Transparency Directive, local employers are preparing for one of the most consequential shifts in workplace regulation in over a decade. The directive, set for transposition by June 2026, introduces strict new rules on salary disclosure, pay reporting, and equal-pay verification, aiming to close persistent gender gaps […]
