ASF will publish the global results of the program, not the results of each company, according to the quoted sources.
On Wednesday, ASF announced it will carry out stress tests and evaluate the assets and liabilities of another 21 insurance companies, between August 1 and October 31.
The 21 companies are ABC, Asito, Asimed, ATE, BCR Viata, BRD Viata, Certasig, City, Credit Europe, Ergo, Eurolife ERB Generale, Eurolife ERB Viata, FATA, Forte, Garanta, Gothaer, Grawe, LIG, Onix, Signal Iduna and Uniqa Viata.
In February, ASF selected Deloitte, Ernst&Young, KPMG, PwC, Mazars and Milliman to evaluate the assets and liabilities of 13 insurance companies, by June 30.
Thus, Mazars Romania assessed insurance companies Astra Asigurari, Generali Romania and Omniasig VIG, Ernst&YoungAssurance Services evaluated Allianz-Tiriac Asigurari, Groupama Romania, Uniqa Asigurari, and Asirom VIG. Pricewaterhousecoopers Audit evaluated PAID Romania, Carpatica Asig and Exim Romania, while KPMG Audit assessed Euroins Romania and AXA Life Romania. Deloitte evaluated ING Asigurari de Viata.
ASF head Misu Negritoiu stated in April that the authority will carry out stress tests for the rest of 15% of the companies on the insurance market in the second half of the year, after completing the testing of the first 13 insurers, so that it would have a complete overview on the insurance market by December.