Credit Europe Asigurari Reasigurari S.A. (founded as FiBA Asigurari S.A. has been authorized according to the Romanian law no. 32/2000 by the Insurance Supervisory Commission's decision no. 474/06.07.2007, being registered within the Insurers' Registry under the no. RA - 059.
The field of activity of the company is concluding insurance / reinsurance contracts upon receiving insurance premium, having the responsibility of paying the claims in case the risk taken is occurred.
The authorized non-life insurance classes for Credit Europe Asigurari Reasigurari are the following:
- Personal Accident Insurances
- Health insurance
- Motor Hull insurances
- Aviation insurance
- Cargo insurances
- Property insurances
- Engineering insurances
- Liability insurances
- Credit Risks insurances
- Travel health insurances
Share capital of the company is RON 13,168,4310, private capital.
The shareholders of the company are legal persons which have 99,914% of the capital and individuals 0,086% of the capital.
The main shareholder is Credit Europe Group N.V., Amsterdam which has 99,9% of the company's shares. Credit Europe Group is a powerful international holding represented in many countries as: The Netherlands, Switzerland, Ireland, Russia, Ucraine, Turkey.
Credit Europe Asigurari Reasigurari S.A. is part of the Credit Europe Group in Romania together with:
Credit Europe Asigurari Reasigurari S.A. is authorized to develop non-life insurance activities in Romania starting with the 9th of July 2007 and represents a direct investment of the Dutch financial group Credit Europe Group N.V. part of Fiba Group concern, present in 12 countries (10 from Europe and 2 from Asia) through approximately 11,000 employees and 76 companies, cumulating a share capital of over USD 3 billion and assets of over USD 18 billion.
Being part of a select family, together with Credit Europe Bank, Credit Europe Leasing, Credit Europe Ipotecar, Anchor Grup (Plaza Romania, Bucuresti Mall, InCity, Metropol, etc.), Gimrom Holding and Movieplex Romania, Credit Europe Asigurari proposed itself, even from the beginning, to be different than the other specific Romanian companies , by providing the best and fastest services possible, especially in respect of indemities? payment, and to become a market leader in terms of using the IT solutions meant to allow automatisation of operational processes and the extensive usage of the electronic working environment goal achieved with the help of company?s specific web based application, which is accesible also for the collaborating intermediaries.
Being determined to build long lasting partnerships, the company is collaborating with brokers from all categories (as regards both the size and specialization points of view), as well as with many authorized units for repairing vehicles.
Without targeting the quick achievement of a market share, the company was already one of the top 15 non-life insurance companies at the end of the 3rd quarter of 2009 (after approximately only 2 years of activity).