Banks-Insurance
Allianz Tiriac: Insurance Market To Strengthen In 2012 If Auto Sales Pick Up
The Romanian insurance market will face a difficult year if car sales continue to decrease, insurer Allianz-Tiriac Asigurari general manager Rangam Bir said Tuesday.
CSA: Romania's Insurance Sector 2010 Net Loss At RON41M, 59.9% Lower On Year
Romania’s insurance industry registered a cumulated net loss of 41.37 million lei (EUR10 million) in 2010, lower by 59.9% compared to the level posted in 2009, Tuesday said Angela Toncescu,...
New Forecasts For Romania's 2011 GDP Growth Climb Towards 2%
Analysts of local and foreign banks, as well as international financial institutions have improved or are thinking to revise upwards their forecasts about Romania's economy in 2011, with mos...
Top 10 Insurers In 1Q
Top 10 Insurers By Market Share At End-March (%)
Only 3 Insurers Gained Market Share In First Quarter
Only three of the top ten insurers in terms of the volume of gross premiums underwritten grew their market share over the first quarter.
Leu Eases Loss Vs Euro, Peers Weaken
The Romanian leu closed Monday weaker against the euro, after easing the decline seen throughout the session, while other currencies in the region were continuing to lose ground to the euro.
Fitch Affirms Rompetrol Group at 'B+', Outlook Negative
Fitch Ratings affirmed Netherlands-based The Rompetrol Group's long-term foreign currency Issuer Default Rating (IDR) of 'B+', while removing it from Rating Watch Negative, where it was plac...
Bancpost's Chief Economist Moves To UniCredit Tiriac - Sources
Bancpost chief economist Dan Bucsa will move to UniCredit Tiriac Bank as chief economist starting June, replacing Rozalia Pal who went on maternity leave, people close to the matter told MED...
Romanian Private Pension Fund Returns At RON756.8M Over Past 3 Years
The returns for the over five million contributors to Romania's mandatory private pension funds amount to 756.8 million lei (EUR183.4 million), according to pension fund association APAPR.