INSURANCE
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Negritoiu: Romanian Insurance Market Needs Capital Inflows Of RON1B, After RON600M In 2014
The insurance market needs a capital inflow of one billion lei (EUR225 million) this year, inclusively for the capital increases at Astra and Carpatica Asig, after RON600 million were inject...
Gothaer Sees Growth Potential On Agricultural Insurance In Romania
Agricultural insurance is one of the main segments presenting growth potential in the coming years, but Gothaer will further bank on the niche of products aimed at SMEs and will try to expan...
Astra Insures ROMATSA Employees For RON6.6M In Case Of License Or Brevet Loss
Romanian air traffic services administration ROMATSA will pay insurer Astra RON6.59 million to insure its employees in case of loss of license, brevet or functioning certificate.
Aegon Romania Hits Revenue Of RON50M In 2014 After Eureko Acquisition
Aegon Romania, the local unit of the Dutch insurer, in 2014 registered gross underwritten premiums of around RON50 million and had over 40,000 policies in its portfolio, up from 2013. The nu...
Constantinescu: Insurance Market To Stagnate This Year At Best
The Romanian insurance market ill stagnate this year, in the best case scenario, depending on what happens to insurers Astra and Carpatica Asig, Cristian Constantinescu, member in Allianz-Ti...
Brokerage Firms Expected To Broker 60% Of Total Underwritings In 2015
Insurance brokerage firms in Romania are expected to broker 60% of total underwritten premiums in 2015, compared to 56-57% in 2014, due to customers’ “natural” desire to buy insurance polici...
PAID Portfolio Doubled In 2014 To 1.5 Mln Mandatory Home Insurance Policies
The portfolio of the Romanian Pool of Insurance against Natural Disasters (PAID) doubled on the year in 2014, to 1.49 million mandatory home insurance policies, but declined from a peak of 1...
Nearly Two Thirds Of Romanians Have Insurance, Mostly For Cars, Homes And Pensions
Nearly two thirds of Romanians have at least one insurance policy, most of which are mandatory car insurance (RCA), home insurance and private pensions, according to a survey conducted by Ex...
Certinvest Mulls Buying Axa Asigurari
Certinvest, the largest independent mutual fund manager in Romania, wants to buy AXA Asigurari, the local subsidiary of French giant AXA, according to market sources, after the deal for latt...