FINANCIAL RECOVERY PROCEDURE
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Banks-Insurance
City Insurance Exits Financial Recovery Procedure
Romania’s Financial Supervisory Authority (ASF) on Thursday said it decided to close the financial recovery procedure for insurance company City Insurance, after the latter increased its capital by EUR50 million.
Banks-Insurance
ASF Decides To Place Euroins Under Financial Recovery Procedure
Romania’s Financial Supervisory Authority (ASF) on Wednesday decided to open financial recovery procedures for insurer Euroins Romania, in a move to improve the company’s financial situation...