Insurer profile
GRAWE România Asigurare S.A.
GRAWE România Asigurare S.A. · Romania
Overview
GRAWE România Asigurare S.A. is the Romanian subsidiary of the Austrian Grazer Wechselseitige Versicherung group, operating in Romania since 2000. It offers a full range of life, general, motor, property, travel and accident insurance products, and is one of the leading insurers on the Romanian market.
Source17
Products in this market
3
Offer pages
Company details
- Parent group
- Grazer Wechselseitige Versicherung AG (GRAWE Gruppe)
- Regulator
- Financial Supervisory Authority (ASF) – Autoritatea de Supraveghere Financiară
- Phone
- +40 21 312 60 03
- [email protected]
Products from GRAWE România Asigurare S.A.
Motor3
RCA – Compulsory Motor Third Party Liability Insurance
Mandatory insurance covering third-party material damage, bodily injury, and death caused by the insured vehicle in Romania and abroad (Green Card).
RCA for Electric Scooters and Electric Bicycles
Compulsory third-party liability insurance for electric scooters and electric bicycles that meet the legal speed/mass thresholds.
CASCO – Comprehensive Motor Insurance
Covers repair costs for the insured's own vehicle against accidents, theft, vandalism, fire, natural events and other risks, regardless of fault.
Property5
RESIDENZ – Home and Contents Insurance (New Value)
Comprehensive home and contents insurance at new replacement value, covering fire, lightning, explosion, water damage, theft, vandalism, storm, flood, earthquake and civil liability.
SPEZIAL – Home and Contents Insurance with Civil Liability
Home and contents insurance at new value with an integrated civil liability clause, covering a wide range of natural and man-made risks including theft and vandalism.
Simple Home Insurance – Basic Fire and Catastrophe Cover
A simple and affordable home insurance covering basic risks: fire, lightning, explosion and falling aircraft.
PAD – Mandatory Catastrophe Insurance for Dwellings
Mandatory residential insurance covering earthquake, flood and landslide, issued by GRAWE as a founding member of PAID (Pool for Insuring against Natural Disasters).
Commercial Property Insurance – Business Premises and Equipment
Insurance for business premises and equipment at new replacement value, protecting companies against damage or destruction of their operational assets.
Health2
PROTECT – Personal Accident Insurance
Personal accident insurance providing financial protection against death, permanent invalidity, hospitalization and other consequences of accidents occurring at any time.
PROTECTA / PROTECTA PLUS – Group Accident Insurance for Employees
Group accident insurance for employees: PROTECTA covers work-related accidents, while PROTECTA PLUS extends cover 24 hours a day including leisure time.
Life5
VIA – Mixed Life Insurance with Capital Accumulation
Classic mixed life insurance with capital accumulation, paying the insured sum upon survival at maturity or upon death, with optional riders for accident and critical illness.
Children's Life Insurance
Mixed life insurance with capital accumulation designed for children, financing future study projects and providing financial protection against accidents.
Critical Illness Insurance
Supplementary life insurance that pays a lump sum upon diagnosis of a serious illness such as cancer, heart attack or stroke.
GRAWE Invest – Unit-Linked Life Insurance
Unit-linked life insurance combining long-term savings with investment in funds, offering flexible contributions, automatic yield optimization and death benefit.
PROTECT GRUP ONE – Group Life Insurance for Employees
Group life insurance offered as a partnership between employer, employee and insurer, providing loyalty benefits and financial protection for the workforce.
Regulatory updates
In May 2026, ASF sanctioned GRAWE România with a fine of 534,200 lei and imposed corrective measures for inadequate internal control mechanisms (including risk identification, assessment and monitoring) and for maintaining an insufficient RCA loss reserve as of 30 June 2025. A written warning was also issued for non-compliant internal policies under Law no. 129/2019 on anti-money laundering. The insurer holds ASF authorization code RA-036 and reported a solvency ratio (SCR) of 252.4% for 2024.
Reputation and reviews
Offer pages
Casco (own-damage car insurance)
casco (own-damage car insurance) from GRAWE for the Romania market.
Last verified Aug 12, 2026
Motor third-party liability
motor third-party liability insurance from GRAWE for the Romania market, with online purchase.
Last verified Aug 12, 2026
Travel insurance
travel insurance from GRAWE for the Romania market, with 24/7 assistance.
Last verified Aug 12, 2026