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ASF

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ASF: Romania’s Insurance Market Down 0.34% To RON8.1B In 2014
Banks-Insurance

ASF: Romania’s Insurance Market Down 0.34% To RON8.1B In 2014

Romania’s life and non-life (general) insurance underwritten premiums reached RON8.09 billion (EUR1.83 billion) in 2014, down 0.34% on the year, according to data provided by the Financial S...

Gabriela Stan · 12.03.2015 · 13:10 · 1 min
Financial Supervisory Authority’s 2014 Revenue Up 18.7% To RON165.9M
Capital Market

Financial Supervisory Authority’s 2014 Revenue Up 18.7% To RON165.9M

Romania’s Financial Supervisory Authority (ASF) on Thursday said it registered revenue of RON165.92 million from its basic activity in 2014, up 18.67% from RON139.82 million a year before.

Ecaterina Craciun · 05.03.2015 · 14:49 · 1 min
Constantinescu: Insurance Market To Stagnate This Year At Best
Banks-Insurance

Constantinescu: Insurance Market To Stagnate This Year At Best

The Romanian insurance market ill stagnate this year, in the best case scenario, depending on what happens to insurers Astra and Carpatica Asig, Cristian Constantinescu, member in Allianz-Ti...

Oana Gavrila · 26.01.2015 · 14:13 · 1 min
Constantinescu: Romanian Insurance Sector Faced A Difficult 2014 On ASF Rambling
Banks-Insurance

Constantinescu: Romanian Insurance Sector Faced A Difficult 2014 On ASF Rambling

The Romanian insurance sector faced a difficult year in 2014, amid the incoherence of Romania's financial watchdog ASF, while things are far from going to the right direction, Cristian Const...

Gabriela Stan · 26.01.2015 · 13:07 · 1 min
Ursache: Romanian Capital Market Legislation, At Emerging Market Level
Capital Market

Ursache: Romanian Capital Market Legislation, At Emerging Market Level

The Romanian capital market legislation is currently at emerging market level following the amendments operated in the last two years, vice-president of Romania’s Financial Supervisory Autho...

Gabriela Stan · 20.01.2015 · 13:35 · 1 min
Banks-Insurance

ASF Mulls Reasonable Solution For Youths RCA Tariff By February

Romania's financial watchdog ASF is currently analyzing the method for the calculation of tariffs for the mandatory car insurance policies (RCA) for youths and plans to identify a reasonable...

Gabriela Stan · 12.01.2015 · 14:36 · 1 min
Financial Watchdog OKs Nuclearelectrica Share Capital Increase
Capital Market

Financial Watchdog OKs Nuclearelectrica Share Capital Increase

Romanian financial authority ASF approved the share capital increase of state-owned nuclear power producer Nuclearelectrica (SNN.RO) by 239 million lei (EUR53.46 million), the company said i...

Gabriela Stan · 29.12.2014 · 17:48 · 1 min
Fondul Proprietatea Hopes ASF Will Reconsider Depositary Interests Decision
Capital Market

Fondul Proprietatea Hopes ASF Will Reconsider Depositary Interests Decision

Romanian investment fund Fondul Proprietatea (FP.RO) hopes financial authority ASF will reconsider its decision on the rejection of depositary interests regulation, by which it plans to floa...

Gabriela Stan · 03.12.2014 · 13:16 · 1 min
RCA Underwritings Up 11% In January-September, To Nearly RON2B
Banks-Insurance

RCA Underwritings Up 11% In January-September, To Nearly RON2B

Premiums underwritten on the segment of mandatory car insurance policies (RCA) rose 11% to RON1.94 billion in the first nine months, due to a 3% rise in the average premium, to RON515, and a...

Ecaterina Craciun · 27.11.2014 · 13:54 · 1 min