DAMAGES
24 articole · RSS
Insurers Paid Death, Injury Damages Of RON246M In Jan-Sept, Up 46% On Year
Romanian insurers paid damages of 246.65 million lei (EUR54.7 million) on the accidental death and injury segment in the first nine months of 2012, up 46% on the year, according to insurance...
Frauds Involving Voluntary Car Insurance To Cause Nearly EUR100M In Loss To Insurers In 2012
Insurance companies in Romania will register losses estimated at EUR100 million in 2012 as a result of fraudulent damage claims on the segment of voluntary car insurance CASCO, Maria Boghian...
Average RCA Premium Fell 3% In 1H To RON444
The average premium for mandatory car insurance policies stood at 444 lei (EUR98) in the first six months of the year, down 3% compared with the similar interval a year ago, and the average...
CSA Might Set New Rules Regarding Voluntary Home Insurance
Romanian insurers might be allowed to issue voluntary home insurance policies only for sums higher than those covered by mandatory home insurance policies, which range between EUR10,000 and...
Insurers That Sell General Insurance Policies Face Losses - CSA Head
The acquisition costs, reserves and damages paid by Romanian insurers that sell general insurance policies exceed revenues from underwritten premiums on this segment, Constantin Buzoianu, pr...
Insurance Pool PAID To Pay Damages Of EUR190M In Case Of Major Earthquake
An earthquake similar to the 7.2 magnitude quake on March 4, 1977 in Romania would lead to 30,520 damage claims for insurance policies issued by the Romanian Pool of Insurance Against Natura...
Insurance Pool PAID Might Pay Damages Of EUR26M Following Sudden Snow Melting
Rising temperatures and a sudden thawing of snow might lead to over 32,800 damage claims for insurance policies issued by the Romanian Pool of Insurance Against Natural Disasters (PAID), who...
Electrica Asks E.ON For EUR50M In Damages
Romanian state-owned electricity distributor Electrica asked German utility group E.ON to pay damages worth EUR50 million within a litigation initiated by E.ON in the International Court of...
Court Forces Catalin Chelu To Pay Damages For Refusal To File For Takeover
Marking a first on the Bucharest stock exchange, businessman Catalin Chelu was forced by court order to pay damages for not launching an offer to takeover a firm, thus breaching market bylaw...