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Raids at Romanian Affiliate of VIG

Published: May 14, 2014; 19:39 · (Vindobona)

A number of business locations of Omniasig, the Romanian affiliate of Austrian insurer VIG, were searched by the police. Several employees are accused of forgergy and abuse of authority.

VIG's subsidiaries in Romania are under examination by the Romanian Financial Market Authority. / Picture: © Vienna Insurance Group

The Romanian affiliate of Vienna Insurance Group (VIG) was searched at 49 business locations by the Romanian police. Moreover, several employees of the insurer will be prosectued as they are accused of forgery and abuse of authority. The subjects of the investigations are household insurance policies which were issued in the second half of 2013. However, further details have not been…

This article includes a total of 194 words.

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