“This accolade for BCR Life is a clear indication of the increasing importance of life insurance in CEE, and testimony to the success of our regional strategy,” explained Günter Geyer, CEO of Vienna Insurance Group.
Market leader in RomaniaThe Vienna Insurance Group is Romania’s leading insurer, with a market share of around 30 percent in the first half of 2011. It is number one in the Romanian non-life segment, and the country’s second-largest life insurance group.
Vienna Insurance Group is represented on the Romanian market by non-life insurers OMNIASIG and ASIROM. In addition, with its Group companies BCR Non-Life and BCR Life, Vienna Insurance Group is intensely reaping the benefits of its sales agreement with Erste Group. In the first nine months of the current financial year, Vienna Insurance Group recorded premium income in Romania of about EUR 399 million.