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Bulgaria's Groupama Insurance seeks nod to offer services in Romania

Author Mario Tanev
Bulgaria's Groupama Insurance seeks nod to offer services in Romania Financial Supervision Commission/All rights reserved.

SOFIA (Bulgaria), September 24 (SeeNews) - Bulgaria's Groupama Insurance, a unit of France's Groupama Group, is planning to offer several types of insurance policies on the Romanian market, according to a notice by Bulgaria's Financial Supervision Commission, published on Tuesday.

The Financial Supervision Commission has asked Groupama Insurance to provide additional information and documents regarding its plans to offer its services in Romania, the financial regulator said.

Groupama entered the Bulgarian market in 2008.

In July, another Bulgarian unit of the French insurance group - Groupama Zhivotozastrahovane, agreed to acquire 100% of Express Life Insurance from Hungarian banking group OTP and its Bulgarian unit Expressbank.

 

Groupama Insurance EAD is among the biggest insurers in SEE, for more reference take a look at Top 100 insurers
 
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