our Network Partner in Romania
Aviva Romania
The Aviva Group
Aviva is the world's sixth-largest insurance group (based on
gross worldwide premiums) and the biggest in the UK. It is one
of the leading providers of life and pensions products in
Europe and has substantial businesses elsewhere around the
world. Its main activities are long-term savings, fund
management and general insurance. It has premium income and
investment sales of £33 billion and £291 billion of assets
under management. The group has 60,000 employees serving 30
million customers worldwide.
Aviva became the new name for the former CGNU in July 2002. The
change represented part of the group�s planned journey towards
being recognized as a world-class financial services provider.
Performance 2004
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£2,344 million operating profit before tax
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£17.2 billion worldwide long-term savings total new business sales
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25.36 pence full year dividend
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£12.9 billion shareholders' funds
Operational highlights
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Strong performance in both long-term savings and general insurance businesses.
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Improved life result: higher new business contribution across all major business units and sustained sales growth in continental Europe.
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Excellent general insurance result with strong profit growth and a combined operating ratio of 97%, beating our group target.
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Strong capital position and a significant increase in shareholder funds.
Aviva Life Insurance Romania
The official launch of COMMERCIAL UNION Asigurari de Viata
Romania took place at 11th October 2000. At
4th June 2002 - COMMERCIAL UNION Asigurari de Viata
Romania rebranded to Aviva Asigurari de Viata
Romania.
Aviva's offer in Romania
Aviva has a broad range of long and medium term savings and
investment programs and life insurance products offered to:
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Private individuals - financial protection for children, life and health insurance, savings and investments for the retirement period, medical riders,
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Companies - tools for motivating the employees (occupational, savings endowment and health insurance plans)
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Banks - creditshield insurance (for credit cards), credit insurance for mortgage and consumer loans.
Aviva Romania is today present in 20 of the largest towns and:
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1.000 people in direct sales force
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92 employees in Head Office
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more than 300.000 customers
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22 branches and development centers
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4 distribution channels (DSF, banks, brokers & alliances)
WHY ARE AVIVA ROMANIA CUSTOMERS SATISFIED?
The strong points of Aviva on the Romanian life insurance
market are:
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Financial strength proved in time, which excludes the correspondent risks of a regular investment;
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International and East-European experience, that allows minute knowledge of the clients� profiles on these markets and constant adapting the products to the local requirements;
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High degree of qualification and strong preparation of the insurance agents, which represents a strong guarantee for the impeccable services offered to our clients.
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The Aviva brand is about life and vitality � helping our 30 million customers worldwide to make the most of their lives.
Str. Buzesti, nr. 62-64 - Sector 1
011017 Bucuresti
Romania
Theo Zainea
+40 21 2038331
Insurope Local Website
ro.insurope.com Use this link to access a local country specific site on Insurope from a local market perspective. It may be helpful to refer this site to local subsidiaries and advisers as it also covers the mechanics of multinational pooling from a local perspective in the local language.
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Local Marketing Material
• Pooling - an executive summary(PDF 1.3Mb)
• Employee Benefit Trends in Romania and Aviva Profile
(PDF 462Kb)
Local Services
• Insurope Local Service Standards - Primary Data - Romania(PDF 965Kb)