Uniqa Romanian subsidiaries Uniqa Asigurari and Uniqa Asigurari de Viata posted for the first nine months of this year total gross written premiums of 90.3 million euros, up 9 percent year-over-year, the company announced on Tuesday.The nine-month pre-tax statutory profit recorded by both Uniqa companies is 6 million euros.As of the end of Q3 2023, Uniqa had by over 10 percent more customers compared to the year-ago period. Home insurance customers were the steepest growing category, advancing 20 percent from the end of September 2022, the release states.In the non-auto insurance segment, Uniqa recorded a sales volume of 44 million euros, up 20 percent compared to the figure reported at the end of Q3 2022.Uniqa's optional home insurance portfolio continued to develop, with nine-month sales on this segment standing 24 percent above the amount reported for the same interval last year.Travel insurance policies too followed an upward trend, with sales in this segment as of the end of Q3 2023 topping by 20 percent the amount reported for the similar period in 2022, the release states.Uniqua's gross written premiums from life insurance sales over January - September 2023 stood at 26.2 million euros, up 14 percent compared to the figure recorded at the end of Q3 2022. This advance was mainly due to sales of traditional life insurance policies and those related to credit products, the statement states.Uniqa Insurance Group has been operating on the Romanian market since 2008, offering all forms of property, liability and personal insurance services.
Grampet Group, active in railway transportation, through its newly established subsidiary Biturom, has opened the largest bitumen melting capacity in Romania, according to Economica.net. The new facility, designed to deliver liquid bitumen for road construction projects in Romania and the Republic of Moldova, was opened on the industrial platform Rafo Onesti. ...
Romania plans to issue Samurai bonds and contract loans from multilateral banks such as EBRD or EIB to finance other green projects, finance minister Alexandru Nazare said at the CES ESG Conference 2025 in Bucharest on September 18. The country has already issued almost RON 10.8 billion (EUR 2 billion) in green bonds, allocated to […]
Romania’s construction works volume index surged by 41% y/y in July, with the capital repairs segment soaring by 67% y/y and the other segments rising by 30%-40% y/y, according to data published by the statistics office INS. The seasonally and workday adjusted index rose by 20% m/m. In H1, the construction works index rose by […]
Foreign minister Oana Țoiu leads the Romanian delegation to the 80th session of the United Nations General Assembly (UNGA) in New York this month, where she is scheduled to deliver Romania’s national address before world leaders. Țoiu’s visit to the United States runs from September 18 to 29 and will include meetings in Washington, Chicago, […]
“Little London” Theoretical High School, a private educational institution in Romania that values the Romanian educational system, has started construction work for the expansion of its school campus located in Voluntari, on Erou Iancu Nicolae Street. This initiative will increase high school capacity by 30% starting from the 2025-2026 academic year. In this context, the […]
British heavy metal band Iron Maiden will perform at Bucharest’s National Arena on May 28, 2026, as part of their “Run For Your Lives” anniversary world tour, promoter Emagic announced on Thursday, September 18. The concert will feature a career-spanning setlist highlighting defining moments from the group’s five-decade history, accompanied by what organizers described as […]
