INSURANCE
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Romanian Online Store eMAG.ro Taps Insurance Market
Romanian online store eMAG.ro will start selling mandatory car insurance policies (RCA), following a partnership with insurance broker Netrisk, and wants to reach a 3-5% market share, the si...
Brokered Insurance Premiums In Romania Up 3.6% On Year To RON2.4B In Jan-Sep
Insurance brokers in Romania brokered premiums of 2.39 billion lei (EUR549 million) in the first nine months of 2011, up 3.6% on the year, whose weight in the overall insurance market increa...
Many Top Local Insurers Lost Market Share To Second-Ranking Players In First 9 Months
Top insurers in Romania continued to feel the effects of the crisis, and many have lost market share to second-ranking players and companies that have promoted their products more aggressive...
Violeta Ciurel, AXA: People Spend Too Easily In Romania, Should Think Long Term
It’s been a year since Violeta Ciurel, 53, one of the most experienced managers in life insurance on the Romanian market, accepted the biggest challenge in her professional career: to start...
Insurer Ardaf Posts Loss Of RON22.36M In 9-Mos
Romanian insurer Ardaf posted losses of 22.36 million lei (EUR5.3 million) in the first nine months, with a loss of RON30.46 million in the third quarter.
Romanian Firm Buys Most Expensive Insurance Policy Sold Locally To Cover Damages Of EUR5B
The most expensive insurance policy brokered by Marsh, one of the major players on the Romanian insurance brokerage market, covers damages of EUR5 billion. Data show this is the most expensi...
Insurer Carpatica Asig’s Underwritten Premiums Fell 40% In Jan-Sept To RON147.4M
Romanian insurer Carpatica Asig underwrote premiums of 147.39 million lei (EUR33.9 million) in the first nine months of the year, down 40% compared with the same interval a year ago, as reve...
Insurance Market Fell 3.7% In Jan-Sept To RON6.1B
Romania’s general and life insurance market fell 3.71% in the first nine months of the year to 6.08 billion lei (about EUR1.39 billion), due to a 5.89% drop in general insurance underwritten...
Insurers Need At Least Half A Billion Euros To Take Part In Romania’s Healthcare Reform
Insurers should hike share capital by around EUR500 million, besides other expenses, to take part in Romania’s state healthcare reform, Frans van der Ent, general manager of insurance compan...