INSURERS
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Women At The Helm Of Banks And Insurers In Romania
No large bank in Romania has a woman as president or general manager, but 12 women hold vice-president or deputy CEO positions in the boards of the ten largest players in the local system.
ASF: Insurers In Romania Increased Share Capital By RON381.2M In 2014
Romania’s Financial Supervisory Authority (ASF) received, between January 1 and December 15, 2014, notifications regarding capital infusions worth a total RON655.8 million, of which RON381.2...
Insurers In Romania, Ever Frailer In The Battle With Players In The Region
Four local insurance companies got to hold a position among the region’s biggest 50 insurers by 2013 underwritings, but only one managed to climb one spot against the previous year, accordin...
ASF: Insurers To Pay More To Guarantee Fund Unless They Solve RCA Issues
Misu Negritoiu, head of Romania’s Financial Supervisory Authority ASF, stated that insurers will have to pay more to the guarantee fund, unless they manage to streamline their operations on...
Astra Asigurari, VIG’s Romanian Businesses Generated 85% Of Total Loss On Insurance Market In 2013
Astra Asigurari and the insurers held by Vienna Insurance Group (VIG) in Romania - Asirom, Omniasig and BCR Asigurari de Viata - generated in 2013 over 85% of the losses posted by the insura...
Banks And Insurers, One Fifth Of 100 Largest Losses In Romanian Economy In 2013
Around 20% of the almost EUR3 billion negative figure registered by the companies with the 100 widest losses in the economy last year were reported by banks and insurance companies, which vi...
Brokers Sell More Insurance Policies, But At Lower Fees
Fee income cashed in by brokers from insurance companies rose by 7.5% in the first quarter of this year, half the pace registered in the same period of last year, while the value of brokered...
ASF, Set To Broaden Insurance Market Probe
Romania’s Financial Supervisory Authority (ASF) will further investigate the insurance market and will expand checkups at companies. For the fourth quarter, the institution is readying an au...
Romania Insurers’ Share Capital Rose By RON420.7M In 2013, To RON3.4B
The subscribed share capital of insurers in Romania increased by RON420.7 million on the year to RON3.4 billion in 2013, according to data provided by the country’s Financial Supervisory Aut...