Company Information

Get to know Euroins Romania

Founded in 1994, Euroins Romania Asigurare-Reasigurare S.A. grew to become one of the largest players in the Romanian insurance market, particularly in the general insurance segment. It was part of the Euroins Insurance Group (EIG), a leading insurance group in Central and Southeastern Europe. The company's core business focused on providing a range of non-life insurance products, with a significant market share in the mandatory auto liability insurance (RCA) sector. However, following a period of financial instability and failure to meet solvency capital requirements, the Romanian Financial Supervisory Authority (ASF) withdrew its operating license in March 2023, and the company subsequently entered bankruptcy proceedings.

Industry

Financial InsurancePRIMARY
Financial Wealth Management

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Euroins Romania

Romania

Founded in

2007 (19 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.