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.
Romanian companies are increasing investment and accelerating digital transformation, but remain more cautious about the economic outlook than their EU counterparts, according to the European Investment Bank's newly released EIB Investment Survey 2025 – Romania overview. The report showed that 78% of Romanian firms invested in the past year, an improvement over previous editions yet […]
Wizz Air announced on Monday, December 8, the reopening of its base in Târgu Mureș, marking the company’s ninth operational base in Romania. The low-cost carrier will station an Airbus A320neo at Transylvania International Airport, increasing its Romanian fleet to 39 aircraft this winter. Wizz Air now offers 10 routes to eight countries from […]
East Grain Group and Poultry Investment SA have acquired the 45% stake previously held by UBM Group in UBM Feed Romania, thus becoming equal shareholders in one of Romania's largest feed producers, which will now operate under the brand Protena. East Grain is controlled by Czech agri-food group Agrofert, one of the largest agribusiness groups […]
The Foreign Investors Council (FIC) has appointed Ruxandra Băndilă as its executive director. Băndilă will coordinate FIC's activity and "will contribute to strengthening the dialogue with authorities, consolidating the organization's positioning as a reliable partner in promoting a stable and predictable business environment, as well as supporting Romania's becoming a competitive and attractive destination for […]
Romania’s European projects and investments minister, Dragoș Pîslaru, announced that he will notify the European Public Prosecutor’s Office (EPPO) regarding the purchase of electric minibuses for students with EU funds. The minister said that “multiple dysfunctions” were noted in how the EU funds were used in the project. Aside from notifying the EPPO, the minister […]
Only about 44% of employees in Romania say they have used AI in the past year, while the average usage rate in the 48 countries included in the report was 57%, according to the PwC Workforce Hopes and Fears Survey 2025 report. India and Vietnam are at the top, with 84%, followed by China (78%). […]
