Ciurel, AXA: We want to become a top five insurer in three years -
 Home Page  | News  | Exchange Rates  | Interbank Rates  | Central Banks  | Capital Markets Authorities  | Romanian Banks  | Archive  | Romanian  
 Finance-Banks  | Economy  | Business  | Capital Markets  | Real Estate  | Cars  | Travel  | HR Careers Education  | Media  | IT & C  | Environment 

News » May, 2011 » 12 May 2011

Ciurel, AXA: We want to become a top five insurer in three years
12.05.2011, 23:39 | Insurance | 1294 views

AXA Life Insurance, a company that entered the Romanian market last year, when French giant AXA took over Omniasig Life, plans to become one of the top five players on the life insurance market in terms of sales of new policies by 2014.

At the end of last year, the company had a 1.6% market share and ranked 11th on the life insurance segment, an around half a billion-euro market.

AXA yesterday officially launched its local operations after building their sales network and developing their portfolio of products in the last year. The French group also recruited a new management team in 2010, headed by Violeta Ciurel, former head of ING Asigurări insurer.


Latest news in category Insurance

15.05.2014, ora 00:00 | 973 vizualizări
The police comes knocking at 'Omniasig'
Yesterday, the prosecutors searched 49 "Omniasig" branches, on suspicions that the CEO and over other 40 executives forged over 1 million insurance policies, just one day after Peter Hagen, the head of Vienna Insurance Group (VIG), which the insurer belongs to, said that he was not worried by the state of the Romanian insurance market, which has been shaken lately by resounding scandals, such as Astra or Carpatica Asig. read more...

Insurance companies owned in Romania by Vienna Insurance Group recorded gross subscribed premiums of 134.5 million Euros, down 7% over the corresponding period of last year, and the losses of the group on the Romanian market fell to 2.7 million Euros. read more...

Romanian insurance companies and brokers will provide their prospective clients with additional information before signing them up for a life insurance policy, as of Wednesday, according to new rules issued by regulator CSA. read more...

Subscribe to newsletter
News: Yes  No 
Exchange Rates: Yes  No 

Top news last 7 days

Publicitate pe acest site
Copyright 1999-2024 Pandora Impex SRL.