Romania-based insurance companies received, in the first five months of 2015, capital injections of 58.6 million euros from their foreign shareholders, down 15pc compared to the same period in 2014, when these sums stood at 68.84 million euros, according to the National Trade Registry Office (ONRC).
In the first five months of this year, the largest capital injection in an insurance company was made in Uniqa Insurance – 25.25 million euros in March, according to the ONRC data.
EuroIns Romania shareholders contributed 21 million euros to the share capital of the company, in May, whilst Axa Life Insurance increased its capital by 5.87 million eurps in April.
Also in April, Asirom Vienna Insurance Group shareholders increased the company’s share capital by 4.47 million euros, while Signal Iduna Life Insurance shareholders contributed 1.5 million euros in March.
The data released monthly by the ONRC include the top 40 companies receiving share capital injections, by the value of the sums allocated.