Asigurari | Romania Feed

Czech-held company Partners Financial Services (PFS) is entering Romania by buying a 32.89% stake in Transilvania Broker de Asigurari (TBK.RO), one of the largest insurance brokers on the local market.

NN Asigurari de Viata, leader of the life insurance market, ended 2022 with gross underwritten premiums of RON970 million, just 3.2% above the level recorded in 2021, in line with data from company representatives.

The financial assets managed by insurer NN Asigurari de Viata on the life and health insurance segment reached nearly RON4.6 billion at end-2021, up 8.5% against 2020, and its pre-tax profit stood at RON86 million, down 10.4% on the year, in line with company data.