The company plans to launch three business lines in Romania: private health insurance, life insurance, and accident insurance.
“Considering the potential of the Romanian insurance market, which exceeds two billion euro, and the significant annual increase thereof, Romania offers interesting development opportunities, especially in the area of private health insurance, which are still at an early development stage in our country,” said the company’s Development Manager, Sanziana Maioreanu..
The German Signal Iduna offers insurance for medium-sized or large companies, whose employees have higher education and larger incomes. The Romanian health insurance market was worth some €10 million at the end of 2006.
