INSURANCE MARKET
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Insurance Market Steady At RON6.1B In January-September
Romania’s insurance market stood at 6.1 billion lei (EUR1.37 billion) in the first nine months of 2013, steady on the year, while damages paid by insurers fell 2.44% to RON3.69 billion, acco...
Insurance Market Up 1.4% In Jan-Sept To RON6.2B
Romania’s general and life insurance market climbed 1.43% in the first nine months of the year to 6.17 billion (EUR1.36 billion), supported by a 1.74% increase registered on the general insu...
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...
CSA: Romanian Insurance Industry Loss Down 60% In 2010, To RON41.4M
The Romanian insurance industry lowered its net loss last year by nearly 60%, to 41.37 million lei (about EUR10 million), according to the annual report of the country’s insurance watchdog C...
Astra: Insurance Market Decline Could Slow Down By Yearend
Insurers are likely to partially recoup in the second half of the year the business they lost in the first quarter, when overall turnover dropped by 150 million lei (EUR36.4 milion) amid the...
CSA: Insurance Market Fell 6.6% To RON2.14B In 1Q
Romania’s insurance market declined 6.6% in the first quarter of the year, to 2.14 billion lei (EUR530 million), driven by a 8.8% drop in general insurance, to RON1.71 billion, according to...