Romanian insurer Asirom will enter the market of voluntary pension insurance
17 January 2008Second-largest Romanian insurer Asirom in 2008 will start to render services of voluntary pension insurance through the company Asirom Concordia.
According to the mass-media, referring to Asirom’s general director Boris Schneider, the management of the company expects, that Asirom Concordia will get the necessary sanction of the Pension supervision Service within the nearest several weeks and will start realization of additional pension insurance in the first half-year of 2008.
Asirom Concordia was founded in 1997 and has used to work in the market of general insurance. As of 2006 the premium of the company has made all €77 thousands. At the end of 2007 Asirom Concordia has transferred insurance business to Asirom which controls 99 % of shares in the capital of the company.
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