BROKERAGES
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Brokerages Handled Premiums Accounting For Over Half Of Insurance Market In 2014
Insurance brokerages in 2014 brokered premiums worth 4.56 billion lei, up 16.3% from 2013, accounting for over 56% of the total gross premiums underwritten on the insurance market, according to Financial Supervisory Authority (ASF) data.
30 Brokerage Firms Bid Farewell To BVB In Seven Years
The Bucharest Stock Exchange has 40 brokerage firms left, out of the 70 that operated on the Romanian capital market in early 2007, before onset of the financial crisis.
Brokers, The Favorite Distribution Channel For Car Insurance In Romania
Carpatica Asig, Euroins and City Insurance lead in the ranking of insurers banking on brokerages for the distribution of their policies, with around 90% of premiums being generated through t...
Raiffeisen Bank, Still Leading Brokerage On Bucharest Bourse In July
Raiffeisen Bank handled stock deals worth above 578 million lei (EUR130 million) on the Bucharest stock exchange in July and was the most dynamic brokerage house for the second month in a ro...
Romania’s Biggest Money Managers Doubled Profits In 2013
Romania’s five largest money managers ended 2013 with net cumulated profits above RON34 million, mainly generated from the management of low-risk mutual funds.
Small Brokerages Could Be Forced To Hold More Capital After Harinvest Case
Small brokerage houses may be forced to hold more capital to prevent a repeat of the Harinvest situation, after the latter couldn’t repay investors following fraudulent transactions, the hea...