Groupama Asigurari, the local subsidiary of French insurance group Groupama, and Omniasig VIG, one of the main local companies of Austrian group Vienna Insurance Group (VIG), recorded 9% increases in gross premiums in the first half of this year.

Groupama reached gross premiums underwritten worth RON 504 million (EUR 108 million), up 9.3% over the first six months of 2017. The company’s life insurance business went up by 20%, to RON 21 million (EUR 4.5 million). On the non-life segment, health and accident insurance saw a 15% increase, optional car insurance (CASCO) went up by 9% and property insurance increased by 8%.

Omniasig VIG also recorded a 9% increase in gross premiums underwritten, to RON 558 million (EUR 120 million). The auto insurance segment (RCA+CASCO) accounted for RON 388 million, with a 12% increase on the CASCO segment and 4% on the RCA segment. The company also reported growth on the health and property insurance segments.

editor@romania-insider.com