DAMAGES
24 articole · RSS
Romania Gets EUR34M From EU Solidarity Fund To Cover Damages Caused By Drought, Wildfires In 2022
The European Commission has approved EUR33.9 million from the European Union Solidarity Fund (EUSF) to support Romania in addressing the extensive damages caused by droughts and wildfires in 2022.
Electrica Seeks Shareholder Approval to Recover RON235M Damages
Romanian state-owned energy utility group Electrica (EL.RO) will seek shareholder approval to file civil action against 18 former managers and six former executives to recover damages totali...
Romanian President Must Pay RON1.2M In State Damages For Illegal Rent, Says Finance Minister
Romanian Finance Minister Eugen Teodorovici said Friday that President Klaus Iohannis must pay the state RON1.2 million, representing the rent he received for a Sibiu house which the latter...
Damages Paid By RCA Insurers For Bodily Injury And Death Up 70% In 1H/2014
Damage payments for bodily injury and death covered by insurers issuing mandatory civil liability car insurance (RCA policies) stood at 277.06 million lei (over EUR62 million) in the first h...
Omniasig 1H Underwritings On RCA, CASCO Segments Down 33.4%, To RON261.5M
Romanian insurer Omniasig Thursday said its revenues from underwritten premiums on the segments of mandatory car insurance (RCA) and voluntary car insurance (CASCO) fell 33.4% on the year to...
Insurers That Sell Cheap RCA Policies And Fail To Pay Damages Risk Losing License
One of the solutions to reduce the number of complaints on the mandatory car insurance (RCA) segment is to eliminate insurance companies that apply low premiums but fail to pay damages when...
Insurers Underwrote Premiums Of RON2.1B In 1Q, Paid Damages Worth RON1.3B
Romanian insurers paid damages of 1.3 billion lei (EUR0.3 billion) in the first quarter of 2012, up 3.12% on the year, while underwritten premiums dropped 1.8% to RON2.13 billion, according...
Insurers To Contribute 1% of RCA Underwritten Premiums To Road Accident Fund
Romanian insurers which sell mandatory car insurance policies RCA will transfer 1% of gross underwritten premiums on this segment to the fund protecting the victims of road accidents, accord...
Eureko Has To Pay EUR6.6M In Damages To Sibiu-based Firm
Dutch-held insurer Eureko has to pay EUR6.6 million in damages to a Sibiu-based company for an insurance policy covering transported goods, one of the biggest compensation payments in the hi...