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Euroins Romania Asigurare-Reasigurare SA (Romania)

Main Activities: Insurance Carriers | Direct Health and Medical Insurance Carriers | Direct Property and Casualty Insurance Carriers
Full name: Euroins Romania Asigurare-Reasigurare SA Profile Updated: September 13, 2021
Buy our report for this company USD 29.95 Most recent financial data: 2020 Available in: English Download a sample report

Euroins Romania is a Romanian general insurance company, headquartered in the city of Voluntari. It has been incorporated in February 1994 and is part of Euroins Insurance Group (EIG). The company was established as a response to the demand of Romanian transporters for an insurer specialized in their specific problems. Over the years Euroins Romania (former Asitrans SA) expanded its market segments, offering today almost all types of non-life insurance. In 2000 Euroins Romania was authorized to practice green card insurance and is a member of B.A.A.R., The Romanian Motor Insurers’s Bureau. At the beginning of 2007, Eurohold Bulgaria bought the majority share stock of the former Asitrans and starting from June 2008 the name of the company changed into EuroIns Romania.

Headquarters
Soseaua Bucuresti Nord Nr. 10
VOLUNTARI; Ilfov;

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Website: http://www.euroins.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 26, 2011
Key Executives
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Director
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Director
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Administrator
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Administrator
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Administrator
Ownership Details
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98.505%
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1.48%
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0.015%
Subsidiaries
Eurolease Auto SA
20.46%
Pool - Ul De Asigurare Impotriva Dezastrelor Naturale SA
5.5%
Company Performance
Financial values in the chart are available after Euroins Romania Asigurare-Reasigurare 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
11.43%
Operating profit (EBIT)
-411.44%
Net Profit (Loss) for the Period
-411.44%
Total assets
-0.36%
Investments
5.86%
Receivables
-0.14%
Total equity
-83.69%
Return on Equity (ROE)
-496.64%
Loss Ratio
-1.91%
Underwriting Expenses Ratio
-1.08%

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