CERTASIG
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Insurer CertAsig Formally Enters Bankruptcy
CertAsig, an insurance company held by Royalton Capital Investors II, has entered bankruptcy following a definitive court ruling.
Financial Regulator Revokes Certasig's License, Starts Bankruptcy Procedures
Romania financial regulator decided on February 19 to revoke the license of insurer Certasig for failing to cover minimum capital requirements, the institution said Thursday.
Italy's ABC Assevera Buys into Insurer CertAsig
Italian investment fund ABC Assevera buys into insurance company CertAsig in a “substantial” investment to consolidate its market position.
CertAsig Underwrites Gross Premiums Of EUR11M In January-September 2017, Up 12% On Year
Insurance company CertAsig, held by investment fund Royalton Partners and focused exclusively on corporate insurance, registered underwritten gross premiums of EUR11 million in January-Septe...
CertAsig 2015 Underwritings Up 12% To EUR14.5M
Romanian insurer CertAsig, which holds a 2% market share on the general insurance segment, on Friday said it underwrote gross premiums of EUR14.5 million in 2015, up 12% on the year.
CertAsig 1H Underwritings Up 20% To EUR7M
Romanian insurer CertAsig on Monday said it underwrote gross premiums of EUR7 million in the first half of 2015, up 20% from EUR5.8 million in the same period last year, of which a third tar...
CertAsig 1Q Underwritings Up 40%, To EUR3.5M
Romanian insurer Certasig underwrote gross premiums of EUR3.5 million in the first quarter, up 40% compared to the same period last year, of which EUR2 million in Romania.
Certasig Underwritings Up 8% In 2014, To EUR13M
Romanian insurer Certasig underwrote premiums of EUR13 million last year, 8% higher than in 2013, but well under its targeted growth of 25%, estimated at the beginning of the year.
CertAsig Underwritings Up 1% To EUR8.6M In January-September
Romanian insurer CertAsig underwrote premiums of EUR8.6 million in January-September, up 1% on the year, while the company targeted a 25% increase this year, to EUR15 million.