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.
Investment: 125 million euros to establish STIHL’s European Competence Center for the production of battery packs and battery-powered tools Scale: 47,000 square meters facility on a 147,000 square meters site — capacity of up to 1.8 million battery packs and 1.7 million tools by 2028 Employment: Approximately 700 jobs to be created by 2028 Network: Romania […]
A report published on Wednesday, October 15, by the Council of Europe’s Committee for the Prevention of Torture (or CPT) urges Romanian authorities to address serious shortcomings in the treatment and conditions of detention of patients in forensic psychiatric hospitals. The deficiencies in the Romanian system were identified by the Committee representatives during a visit […]
The state-owned Electrica (BVB: EL), one of the main players in Romania’s energy sector, completed the Satu Mare 2 photovoltaic park, a strategic project that marks an important step in diversifying the production portfolio. Located near the commune of Botiz, Satu Mare County, the park has an installed capacity of 27.056 MW and represents an […]
More than 100 items, ranging from frescoes and paintings to sculptures, photographs, and other rare artifacts from Italian museums, will go on display in Timișoara for an exhibition looking at the city of Pompeii. Titled The Fragility of the Eternal. From Pompeii to the Grand Tour to Today, the exhibition will be open from November […]
Robotics startup Dexory, founded in London by Romanians Andrei Dănescu, Adrian Negoiţă, and Oana Jinga, has secured new Series C funding of USD 165 million, according to an announcement made on LinkedIn and quoted by Ziarul Financiar. The company has developed an autonomous robot, the tallest in the world, reaching 16 meters, and a platform designed […]
NEPI Rockcastle, Central and Eastern Europe’s largest owner and operator of shopping centers, has inaugurated its first photovoltaic park in Chișineu-Criș, Arad county, in western Romania. The investment is part of its green energy programme, which includes a EUR 110 million plan for photovoltaic projects across Central and Eastern Europe. According to the company, these […]
