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Grawe Romania Asigurare SA (Romania)

Main Activities: Insurance Carriers | Direct Life, Health, and Medical Insurance Carriers | Other Direct Insurance (except Life, Health, and Medical) Carriers
Full name: Grawe Romania Asigurare 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

Grawe Romania has been incorporated in October 2000. The company provides life and non-life insurance services. The main shareholder is one of the biggest insurance companies in Austria - Grazer Wechselseitige Versicherung AG. In 2005, Grawe Romania buys the insurance company Sara Merkur, the portfolio taking over finalizing in March 2006. Grawe Romania is a part of the International financial group Grawe. In addition to the life and non-life insurance products, the company offers mandatory home insurance policies being a shareholder in The Insurance Pool against Natural Disasters (PAID). The main activities of the company include accidents insurance, health insurance, permanent health insurance, credits insurance and liability insurance against financial risks. Today Grawe Romania operates in Slovenia, Croatia, Hungary, Serbia, Bosnia, Bulgaria, Ukraine, Montenegro, Macedonia, Moldova and Romania.

Headquarters
Strada Vulturilor Nr. 98A
Bucharest; Bucharest;

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Website: https://www.grawe.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:
January 15, 2001
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 Board of Directors
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Member of the Board of Directors
Ownership Details
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99.98%
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0.02%
Subsidiaries
Pool - Ul De Asigurare Impotriva Dezastrelor Naturale SA
5.5%
Company Performance
Financial values in the chart are available after Grawe Romania Asigurare 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
15.03%
Operating profit (EBIT)
-12.29%
Net Profit (Loss) for the Period
-12.29%
Total assets
11.01%
Investments
3.27%
Receivables
3.1%
Total equity
-25.39%
Return on Equity (ROE)
-11.42%
Loss Ratio
-3.7%
Underwriting Expenses Ratio
5.56%

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