INSURANCE MARKET
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ASF Head: Romania's Insurance Market At A Crossroads, Needs To Grow
Romania’s insurance market must grow and develop in a sustainable way, on the long term, and any artificial or manipulated growth must be avoided, Misu Negritoiu, head of the Insurance Super...
ASF: 2015- First Year Of Growth For Romanian Insurance Market After Financial Crisis
Romania’s Financial Supervisory Authority (ASF) on Friday said the local insurance market grew in 2015 for the first time after the financial crisis, registering an 8% increase, based on pro...
Insurers In Romania Underwrote 7.4% Higher Gross Premiums In Jan-Sept, Of RON6.33B
Romania’s insurance market saw a 7.4% increase in gross underwritten premiums in January-September 2015, to RON6.33 billion, of which general insurance represent nearly RON5 billion, up 6.9%...
Negritoiu: Insurance Supervisory Authority Aims To Bring Local Market To European Standards
Romania’s Financial Supervisory Authority (ASF) set off a massive reconstruction process of the insurance market in order to lay the basis for sustainable growth and bring the local insuranc...
ASF: Romania’s Insurance Market Up 7.4% To RON1.97B In January-March
Romania’s life and non-life (general) insurance underwritten premiums reached RON1.97 billion (EUR450 million) in January-March, up 7.39% from RON1.84 billion in the same period a year earli...
Negritoiu: ASF Mulls Overview Of Insurance Market By Yearend
Financial Supervisory Authority (ASF) will carry out stress tests for the rest of 15% of the companies on the insurance market in the second half of the year, after completing the testing of...
ASF: Romania’s Insurance Market Down 0.34% To RON8.1B In 2014
Romania’s life and non-life (general) insurance underwritten premiums reached RON8.09 billion (EUR1.83 billion) in 2014, down 0.34% on the year, according to data provided by the Financial S...
ASF To Carry Out Asset Quality Review Project On Romanian Insurance Market
Romania’s Financial Supervisory Authority (ASF) has approved the launch of the Asset Quality Review (AQR) project aimed at evaluating the quality of assets and liabilities of the main insura...
One Third of Romanian Insurance Market Under Heavy Scrutiny
Three companies holding over 30% of the insurance market are going through rough times.