HOME INSURANCE
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NN Enters Home Insurance Market in Romania
NN Romania, the leading life insurer and private pension fund manager in Romania, will expand its portfolio into home insurance starting October, the company announced Friday.
PAID: Less Than 20% Of Homes In Romania Insured Against Natural Disasters
Less than 20% of homes in Romania are insured against natural disasters, but the number is on the rise considering that some 6% more mandatory home insurance policies were issued on the mont...
Home Insurance Tariffs Kept Unchanged In 2015, Due To Fierce Competition
Insurance companies in Romania kept home insurance tariffs unchanged in 2015, due to fierce competition on this market segment, according to Ziarul Financiar.
VIG Won't Join PAID As Long As Its Reinsurance Is Inadequate
Vienna Insurance Group's Romanian businesses will not join the country's Pool of Insurance against Natural Disasters (PAID), which sells mandatory home insurance, as long as its portfolio is...
PAID Sells 107,000 Mandatory Home Insurance Policies In October
The Romanian Pool of Insurance against Natural Disasters (PAID) issued 107,000 mandatory home insurance policies in October and increased its portfolio to over 530,000 contracts, up 25% on t...
Insurance Pool PAID May Be Listed On Bourse
The Romanian Pool of Insurance against Natural Disasters (PAID), which issues mandatory home insurance policies, might be listed on the stock exchange to increase its capitalization, Daniel...
Sum Insured Though Voluntary Home Insurance Policies Sold By UNSAR Rises To EUR67M In 1H
The sum insured through voluntary home insurance policies issued by the members of the National Union of Insurance and Reinsurance Companies in Romania (UNSAR) stood at EUR67 billion on June...
Insurers Don’t Hasten To Sell Mandatory Home Insurance Deterred By Low Fees
Romanian insurers are not interested in selling mandatory home insurance policies issued by the Pool of Insurance against Natural Disasters (PAID), discouraged by the low commission they rec...
Mandatory Home Insurance Suspended In Court
The Bucharest Court of Appeals has suspended, at the request of Astra, the enforcement of an order issued in August by the Insurance Supervisory Commission (CSA) forcing home owners to buy a...