SIGNAL IDUNA ASIGURARE REASIGURARE announces that final approval has been received from the Financial Supervisory Authority (ASF) for the acquisition of the majority stake in Garanta Asigurari, owned by The Ethniki, Hellenic General Insurance Company, the leading composite insurer in Greece. This transaction marks a key milestone for SIGNAL IDUNA, as the company continues its expansion strategy on the local market and further consolidates its position among the top insurers in Romania. The transaction reinforces SIGNAL IDUNA’s long-term commitment to the Romanian market and its ambition to actively contribute to its development through modern, diversified, and customer-centric insurance solutions. “The acquisition of Garanta Asigurari highlights our strong commitment to the Romanian market and our intention to actively support its development. We aim to expand access to modern, competitive insurance solutions by combining SIGNAL IDUNA’s expertise in health and life insurance with Garanta’s experience in general insurance. This recent acquisition marks a new and significant stage in our journey, building on the success and positive results we have achieved during more than 16 years of activity in Romania. It represents another solid step in strengthening SIGNAL IDUNA’s position among the leading insurers. At the same time, we remain fully committed to delivering stability and high quality services to the clients and partners of both companies,” said Tiberiu Maier, President of the Management Board of SIGNAL IDUNA ASIGURARE REASIGURARE. Over the next period, SIGNAL IDUNA and Garanta Asigurari will continue to operate independently, each company maintaining its product portfolio, dedicated teams, and existing partnerships. In the medium term, SIGNAL IDUNA’s strategy aims at integrating and improving operational efficiency in Romania by exploring options to build a unified and consolidated portfolio that can deliver a seamless and comprehensive experience to all clients and partners. Throughout this process, SIGNAL IDUNA’s priority remains ensuring the continuity of business relationships and the quality of services offered by each entity. Clients and partners will continue to receive support from their dedicated teams, and any changes will be communicated transparently and in a timely manner.
More than twenty years after launching Flavours Group, Romanian entrepreneur Raluca Țeposu continues to shape Romania’s modern food and hospitality landscape through a mix of creativity, consistency, and care. What began in 2002 as a small catering company built on the simple idea that “food should be about joy, connection, and good energy” has evolved […]
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Cambridge School of Bucharest (CSB), one of Romania’s leading British international schools, is delighted to announce its Open Days for Admissions for the 2026–2027 academic year, to be held on Wednesday, 19 November, and Friday, 21 November 2025, at its modern campus in Pipera. The Open Days provide prospective families with the opportunity to explore […]
Romania signed a Memorandum of Understanding regarding military cooperation with Egypt on Sunday, November 2. The understanding includes exchanges of expertise, joint exercises, and concrete projects in the field of defense. After the signing, defense minister Ionuț Moșteanu said that among the topics discussed with counterpart Abdel Mageed Ahmed Abdel Mageed Saqr were the security […]
The gala premiere of The Yellow Tie/Cravata Galbenă, a major international production about the life of renowned Romanian conductor Sergiu Celibidache, took place on November 1 at Bucharest’s Sala Palatului, in the presence of actors John Malkovich and Sean Bean, director Serge Ioan Celebidachi, and the film’s production team. More than 4,000 guests attended the […]
Dacia Bigster has been included in the shortlist for the title of Car of the Year 2026, running against Citroën C5 Aircross, Fiat Grande Panda, Kia EV4, Mercedes-Benz CLA, Renault 4, and Skoda Elroq. To be included in the shortlist, the seven cars had to receive the approval of 59 jurors from 23 countries. Cars […]
