INSURANCE
298 articole · RSS
Astra And Omniasig File Bids To Insure Tarom’s Fleet
Romanian insurers Astra and Omniasig Vienna Insurance Group on Thursday filed bids to insure state-run airline Tarom’s fleet between May 1, 2012 and April 30, 2013, people close to the matte...
Brokered Insurance Premiums In Romania Fell 3% In 2011, To RON3.1B
Insurance brokers in Romania brokered premiums of 3.1 billion lei (about EUR712 million) in 2011, down 3% on the year, whose weight in the overall insurance market increased to 39.05% from 3...
Major Insurers See Double-Digit Decline In 2011 Revenue
Nine of the top ten general insurance companies posted declines of up 25% of gross premiums written because of the lower sales of car policies. The only exception was Asirom, which posted 40...
Romanian Insurance Market Down 4.3% In 2011, To RON7.95B
Romania’s insurance market reached 7.95 billion lei (EUR1.8 billion) in 2011, down 4.3% on the year, on the backdrop of a 6.5% decrease in revenues from general insurance policies, to RON6.2...
Tarom To Organize Auction On March 8 To Insure Its Fleet
Romanian state-run airline Tarom will organize an auction on March 8 to insure its fleet, and the new insurance contract will be valid for one year, starting May 1.
PAID Appoints Two New Board Members
The shareholders of Romanian Pool of Insurance Against Natural Disasters (PAID) decided Tuesday to appoint Constantin Toma, former head of insurer Omniasig, and Alexander Adamescu, as member...
Health Ministry Considers Every Option For Future Healthcare Law
By the middle of this year, the Health Ministry will put up for public debate a new healthcare bill; as consultations with the public opinion are fully under way, so all options on the futur...
Romanian Insurance Market Seen Stagnating Or Growing Slightly This Year
Romania’s insurance market will stagnate or register a slight growth this year, as it is still coping with the effects of the financial crisis of the past three years, Mariana Diaconescu, CE...
Insurers Pay Millions For Property Damage Claims More Often
Romanian insurance companies ever more often pay millions of euro for damages caused by fires or natural disasters, having turned to this sector during the crisis, to offset the dropping sal...