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Signal Iduna Asigurari SA (Romania)

Main Activities: Insurance Carriers | Direct Health and Medical Insurance Carriers | Direct Property and Casualty Insurance Carriers
Full name: Signal Iduna Asigurari SA Profile Updated: February 23, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Ergo Asigurari SA (former Credit Europe Asigurari-Reasigurari SA) is a Romanian general insurance company. It has been incorporated in 2007 with headquarters in Bucharest. The company’s main shareholder is Credit Europe Group N.V. which holds 99% of the shares. Ergo Asigurari appeared on the Romanian market in 1998 through Credit Europe Leasing. The field of activity of Ergo Asigurari is concluding insurance and reinsurance contracts receiving insurance premium, having the responsibility of paying the claims in case the risk taken is occurred.

Headquarters
Strada Gara Herastrau Nr. 2
Bucharest; Bucharest; Postal Code: 020334

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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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Incorporation Date:
May 08, 2007
Key Executives
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Director
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Director
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Director
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Administrator
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Administrator
Ownership Details
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99.9785%
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0.0215%
Subsidiaries
Pool - Ul De Asigurare Impotriva Dezastrelor Naturale SA
5.5%
Company Performance
Financial values in the chart are available after Signal Iduna Asigurari 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
30.47%
Operating profit (EBIT)
551.09%
Net Profit (Loss) for the Period
551.09%
Total assets
13.9%
Investments
19.11%
Receivables
27.88%
Total equity
13.79%
Net Premiums Earned Trend
N/A
Net Profit Trend
N/A
Return on Equity (ROE)
10%
Loss Ratio
5.59%
Underwriting Expenses Ratio
-1.02%

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