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ASF

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Insurance Companies in Romania Report RON8B Underwritings in Jan-Nov, Up 9% YoY
Analysis

Insurance Companies in Romania Report RON8B Underwritings in Jan-Nov, Up 9% YoY

Insurance companies in Romania underwrote gross premiums of RON8.13 billion in the first nine months of 2019, up 9% on the year, data from the financial regulator ASF showed Wednesday.

Oana Gavrila · 18.12.2019 · 11:46 · 2 min
Leonardo Badea Resigns as President of Financial Watchdog for Central Bank Job
Banks-Insurance

Leonardo Badea Resigns as President of Financial Watchdog for Central Bank Job

Leonardo Badea has resigned from his position of president of the financial supervision authority ASF, effective October 11, 2019, to take on a new position as deputy governor at the central...

Oana Gavrila · 09.10.2019 · 17:27 · 1 min
Badea, ASF: Assets Managed By Private Pension Funds Grow 7.28% in 1Q
Banks-Insurance

Badea, ASF: Assets Managed By Private Pension Funds Grow 7.28% in 1Q

Total assets under management by private pension funds in Romania reached RON53.21 billion (EUR11.17 billion) at the end of the first quarter, 7.28% higher compared with end-December 2018, s...

Oana Gavrila · 29.07.2019 · 11:45 · 1 min
Analysis

Romanian Private Pension System Evolved Well in 1Q/2019, Says Watchdog VP

The Romanian private pension system had 7.79 million contributors and managed assets totaling RON53.21 billion at the end of the first quarter of 2019, said Dan Armeanu, vice-president of th...

Oana Gavrila · 15.07.2019 · 12:50 · 1 min
Financial Supervisory Authority Delists Energy Producer Amonil Slobozia
Capital Market

Financial Supervisory Authority Delists Energy Producer Amonil Slobozia

Romania’s Financial Supervisory Authority (ASF) decided to withdraw from stock market trading the shares issued by energy producer Amonil Slobozia, effective July 1, 2019.

Ecaterina Craciun · 26.06.2019 · 12:55 · 1 min
Romania Insurance Market Grows 7.4% YoY To RON2.7B In 1Q/2019
Banks-Insurance

Romania Insurance Market Grows 7.4% YoY To RON2.7B In 1Q/2019

Insurance companies operating in Romania underwrote gross premiums of RON2.71 billion in January-March 2019, up 7.4% from the year-earlier period, and the market is still dominated by genera...

Ecaterina Craciun · 19.06.2019 · 18:56 · 1 min
Romanian Insurance Market Grows 7% in 1Q, to RON2.22B
Banks-Insurance

Romanian Insurance Market Grows 7% in 1Q, to RON2.22B

Insurance companies operating in Romania had underwritings of RON2.72 billion in the first quarter of 2019, up 7% on the year, said Cristian Rosu, vice-president of the Financial Supervision...

Oana Gavrila · 20.05.2019 · 11:33 · 1 min
Romanian Insurance Market Topped RON10B in 2018
Banks-Insurance

Romanian Insurance Market Topped RON10B in 2018

Romania’s insurance market grew 4.5% year-on-year in 2018, to over RON10 billion in underwritten premiums, Financial Supervisory Authority (ASF) data showed Wednesday.

Oana Gavrila · 20.03.2019 · 16:44 · 1 min
ASF Head: Romania Insurance Market Overshot RON10B Mark In 2018
Banks-Insurance

ASF Head: Romania Insurance Market Overshot RON10B Mark In 2018

Romania’s insurance market grew 4.5% year-on-year in 2018, to over RON10 billion, according to unaudited data from the Financial Supervisory Authority (ASF).

Ecaterina Craciun · 05.02.2019 · 14:19 · 1 min