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November 29, 2015 7:44 AM ET


Company Overview of SC Euroins Romania Asigurare Reasigurare SA

Company Overview

SC Euroins Romania Asigurare Reasigurare SA provides insurance products and services to its clients in Romania. It provides accident, health, motor CASCO, railway, motor liability, MTPL, marine, cargo, property, PAD, general liability, and travel insurance products; and electronic equipment, construction work, machinery, agriculture, and animal insurance products. The company was founded in 1994 and is based in Ilfov, Romania. SC Euroins Romania Asigurare Reasigurare SA operates as a subsidiary of Eurohold Bulgaria AD.

Bucuresti North Road, nr. 10

Global City Business Park

O23 Building, 4th floor


Ilfov,  077190


Founded in 1994


40 21 317 0711


40 21 317 0714

Key Executives for SC Euroins Romania Asigurare Reasigurare SA

Chief Executive Officer
Compensation as of Fiscal Year 2015.

SC Euroins Romania Asigurare Reasigurare SA Key Developments

Euroins Romania Reports Earnings Results for the Month and Eight Months Ended August 2015

Euroins Romania reported earnings results for the month and eight months ended August 2015. In August alone, the premium income rose by 55.9% on the year to €13.3 million. Income from third-party vehicles insurance increased by an annual 62.9% while general insurance income went down by 45.7% on the year. Income from property insurance fell by 19%. The premium income rose 54.3% over the year to €102.9 million ($116.4 million) in the first eight months of 2015. The premium income from third-party liability insurance for motor vehicles increased 59.3% year-on-year to €97.9 million in the January-August period. Premium income from general motor insurance dropped by an annual 43.9% to €1.1 million in the period under review, while that from property insurance was down by 0.5% on the year to €1.2 million.

Euroins Romania Reports Premium Income Results for the Month of March and First Quarter of 2014

Euroins Romania reported premium income results for the month of March and first quarter of 2014. For the quarter, the company's premium income dropped 16.7% on the year to EUR 25.3 million. In March alone, the company's premium income decreased 20.9% on the year to EUR 8.0 million.

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