Signal Iduna Romania increases social capital by EUR 2 million

Newsroom 24/03/2011 | 17:58

Insurance company Signal Iduna has announced that it has increased its social capital by EUR 2 million this month to a total of EUR 14.99 million. The company’s main shareholders are Signal Iduna Holding AG and Signal Krankenversicherung AG.

Leslie Breer (pictured), president of Signal Iduna Romania,  said the recent capital injection confirms the company’s commitment to the local market and its plans to continue investing here.

In 2010 and 2011 the company has increased its social capital by almost EUR 4 million. “The prolonged local crisis hasn’t changed our objectives as a company. Signal Iduna continues to be committed to the goal of bringing quality private health insurance to Romania,” said Breer.

He added that this year the company also plans to focus on expanding its accident and life insurance product portfolio.

Simona Bazavan

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