INSURANCE
298 articole · RSS
Axa Will Continue Investments In Romania, But At A Slower Pace
Europe’s largest insurer Axa will continue investments in Romania, but at a slower pace because of worse than expected economic conditions, said Violeta Ciurel, chief executive of AXA Asigur...
CSA: Romania’s Insurance Market Up 1.5% On Year In January-August, At RON5.5B
Romanian insurance market was 1.54% higher in January-August period, to 5.5 billion lei (EUR1.21 billion) in underwritten premiums from general and life insurance, according to data of the I...
Homeowners May Insure Homes Through Voluntary Or Mandatory Policies
Romanian homeowners may insure their homes against earthquakes, landslides and floods either through voluntary or through mandatory home insurance policies, according to new insurance market...
Insurance Regulator Head Close To Being Dismissed Over “Ungrounded Complaints”
Romania’s insurance regulator head Constantin Buzoianu said he is on the verge of being dismissed following “ungrounded complaints” filed by several insurance companies disgruntled by the me...
Insurers Cut Prices To Get As Big A Slice Of Home Insurance As Possible
Sales of optional home insurance amounted to 602 million lei (EUR132 million) in June 2011-June 2012, up 32% on the previous year, after insurers promoted such products aggressively motivate...
Allianz: Too Many Companies On Romania's Insurance Market
The Romanian insurance market is getting overcrowded because 40 companies are vying over less and less money. Under the circumstances, consolidation by mergers and acquisitions becomes an ir...
Average RCA Premium Fell 3% In 1H To RON444
The average premium for mandatory car insurance policies stood at 444 lei (EUR98) in the first six months of the year, down 3% compared with the similar interval a year ago, and the average...
Not-At-Fault Divers Involved In Car Accidents To Receive Damages From Their Own Insurers
Drivers involved in non-fault car accidents will receive damages from the insurers that issued their mandatory car insurance (RCA) policy instead of claiming damages from the insurer of the...
Insurers Transfer A Quarter Of Their Risk To Reinsurance Companies
The top ten insurers on the market ceded 730 million lei (EUR161 million) in premiums to reinsurers in January-June, up 30% on the year-ago period, according to the data published by the ins...