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ASF

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ASF: Romania’s Insurance Market Up 3.5% To RON9.7B In 2017
Banks-Insurance

ASF: Romania’s Insurance Market Up 3.5% To RON9.7B In 2017

Romania’s insurance market continued its upward trend in 2017, with underwritten gross premiums rising 3.5% to RON9.7 billion, according to data provided by the Financial Supervisory Authori...

Ecaterina Craciun · 02.04.2018 · 18:07 · 1 min
ASF: Romania’s Insurance Market Grows 6% In First Nine Months, To RON7.32B
Banks-Insurance

ASF: Romania’s Insurance Market Grows 6% In First Nine Months, To RON7.32B

Insurance companies licensed and regulated by Romania’s Financial Supervisory Authority (ASF) registered total underwritten gross premiums of RON7.32 billion in January-September 2017, up 6%...

Ecaterina Craciun · 21.12.2017 · 20:31 · 1 min
Romania Reelected on Board of International Organization of Pension Supervisors
Banks-Insurance

Romania Reelected on Board of International Organization of Pension Supervisors

Romania's Financial Supervisory Authority, through its vice-president Ion Giurescu, has been reelected on the executive board of the International Organization of Pension Supervisors (IOPS)...

Oana Gavrila · 03.11.2017 · 12:39 · 1 min
Financial Supervisory Authority Oks SIF Banat-Crisana’s Public Offering For Share Purchase
Capital Market

Financial Supervisory Authority Oks SIF Banat-Crisana’s Public Offering For Share Purchase

Romania’s Financial Supervisory Authority (ASF) approved an operation whereby regional investment fund SIF Banat-Crisana (SIF1.RO) will carry out, between August 30 and September 19, a publi...

Ecaterina Craciun · 25.08.2017 · 11:25 · 1 min
Financial Supervisory Authority Approves New Capital Market Regulation
Capital Market

Financial Supervisory Authority Approves New Capital Market Regulation

Romania’s Financial Supervisory Authority (ASF) has approved a new regulation for the local capital market.

Ecaterina Craciun · 21.07.2017 · 13:57 · 1 min
ASF Supports Takeover Of City Insurance By Swiss Private Investor
Banks-Insurance

ASF Supports Takeover Of City Insurance By Swiss Private Investor

Financial Supervisory Authority (ASF) will support the takeover of insurance company City Insurance by Dr. Max Roessler, a private Swiss investor, and will cooperate both with the company an...

Gabriela Stan · 23.03.2017 · 18:55 · 1 min
ASF: Romanian Insurance Market Up 10% To RON10B In 2016
Banks-Insurance

ASF: Romanian Insurance Market Up 10% To RON10B In 2016

Romanian insurance market rose 10% on the year in 2016, to RON10.05 billion, according to official data provided by the Financial Supervisory Authority (ASF).

Gabriela Stan · 21.03.2017 · 18:41 · 1 min
Financial Supervisory Authority Closes Financial Recovery Procedure Of Insurer Euroins
Banks-Insurance

Financial Supervisory Authority Closes Financial Recovery Procedure Of Insurer Euroins

Romania’s Financial Supervisory Authority (ASF) decided to close the plan-based financial recovery procedure of insurance company Euroins Romania Asigurare-Reasigurare SA, after the latter m...

Ecaterina Craciun · 09.03.2017 · 16:53 · 1 min
ASF: Auto Liability Insurance Market Up 5% In 2016
Banks-Insurance

ASF: Auto Liability Insurance Market Up 5% In 2016

The market of automobile liability insurance (RCA) rose 5% last year, reaching a record level of 4,983,409 contracts, according to official data provided by the Financial Supervisory Authori...

Gabriela Stan · 28.02.2017 · 17:41 · 1 min