ASF
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ASF OKs Liquidation Of Fata Asigurari
Romania's Financial Supervisory Authority ASF has approved the liquidation and dissolution of insurance company Fata Asigurari, specialized in agriculture insurance, the authority said in a...
ASF: Average RCA Tariffs For Transporters Flat On Month In April
The average premium for civil liability car insurance policies RCA concluded for utility vehicles and trucks, for a 12-month period, remained unchanged in April 2016 compared with a month ea...
Financial Regulator Says RCA Tariffs Will No Longer Be Raised In Upcoming Period
Tariffs for civil liability car insurance policies RCA will no longer be raised in the upcoming period, because there are no arguments to support an increase in RCA tariffs by insurance comp...
ASF Head: Romania's Insurance Market At A Crossroads, Needs To Grow
Romania’s insurance market must grow and develop in a sustainable way, on the long term, and any artificial or manipulated growth must be avoided, Misu Negritoiu, head of the Insurance Super...
ASF: Volume Of Gross Written Premiums, Market Capitalization, Private Pension Assets On The Rise
The volume of gross underwritten premiums rose 8.2%, the value of assets on the private pension market climbed 28.6% and the market capitalization grew 9% in 2015, according to a report of t...
ASF Imposes Sanctions And Set Of Measures At SAI Certinvest
Romania’s Financial Supervisory Authority (ASF) on Monday said it ascertained a “series of aspects,” following a checkup at asset management company Certinvest, and obliged the firm to adopt...
ASF Clears Takeover Of Credit Europe Asigurari- Reasigurari By Ergo Group
Romania’s Financial Supervisory Authority (ASF) on Monday said it approved the takeover of general insurance company Credit Europe Asigurari – Reasigurari S.A. by Ergo Group, one of the larg...
ASF Approves Amendments Easing Foreign Insurers’ Access To Romanian RCA Market
The Council of the Financial Supervisory Authority (ASF) has approved a draft norm which makes it easier for foreign insurance companies to tap the Romanian mandatory car insurance (RCA) pol...
ASF: 2015- First Year Of Growth For Romanian Insurance Market After Financial Crisis
Romania’s Financial Supervisory Authority (ASF) on Friday said the local insurance market grew in 2015 for the first time after the financial crisis, registering an 8% increase, based on pro...