Fight intensifies among top ranking insurers - Azi

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Competition among the top two players on the insurance market became much tighter in the first six months of the year, amid a halving of the market share that separates the two companies.

While in 2007 Allianz-Tiriac, the largest company on the insurance market and Omniasig, No. 2, were separated by a 5% market share, at the end of June this year, this difference shrank to 1.9%. Of last year"s 2.15 billion-euro market, Allianz-Tiriac held 17.3%, with turnover worth 371 million euros, while...

Read the whole story in: Ziarul Financiar