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BCR Asigurari De Viata Vienna Insurance Group SA (Romania)

Main Activities: Insurance Carriers | Direct Life, Health, and Medical Insurance Carriers | Direct Property and Casualty Insurance Carriers
Full name: BCR Asigurari De Viata Vienna Insurance Group SA Profile Updated: November 03, 2021
Buy our report for this company USD 29.95 Most recent financial data: 2020 Available in: English Download a sample report

BCR Asigurari de Viata Vienna Insurance Group is a member of Vienna Insurance Group, one of the largest international insurance groups in Central and Eastern Europe. Founded in 2005 as a subsidiary of BCR, the company has started operating in 2006. That year, Erste Group becomes the major shareholder of BCR and BCR Asigurari de Viata goes directly into top 10, ranking the 8th position in the life insurance industry in Romania. In 2007 the company has be authorized as pension fund manager and its first fund becomes the leader on the market. The company is leader on bancassurance offering products and services at the most competitive rates having the advantage of an excellent partnership with BCR.

Headquarters
Strada Rabat Nr. 21
Bucharest; Bucharest; Postal Code: 011835

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Website: https://www.bcrasigviata.ro

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Ratings:
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Incorporation Date:
October 24, 2005
Key Executives
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Member of the Supervisory Board
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Member of the Supervisory Board
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Member of the Supervisory Board
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Member of the Supervisory Board
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Member of the Supervisory Board
Ownership Details
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93.9778%
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5.5017%
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0.5205%
Subsidiaries
Smardan 5 Development SRL
80%
Vig Management Service SRL
11.92%
Claim Expert Services SRL
Company Performance
Financial values in the chart are available after BCR Asigurari De Viata Vienna Insurance Group SA report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RON. Absolute financial data is included in the purchased report.
Net insurance premium revenue
2.9%
Operating profit (EBIT)
-13.62%
Net Profit (Loss) for the Period
-13.62%
Total assets
6.39%
Investments
22.98%
Receivables
-14.42%
Total equity
0.85%
Net Premiums Earned Trend
N/A
Net Profit Trend
200.51%
Return on Equity (ROE)
-2.17%
Loss Ratio
-18.48%
Underwriting Expenses Ratio
0.03%

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