INSURERS
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Banks And Insurers Get Capital Injections Of Half A Billion Euros In 2013
The shareholders of banks, insurers and leasing companies this year injected EUR500 million into the capital of Romanian subsidiaries.
Romanian Insurers Underwrote RON337.8M In Premiums Abroad In 2012, Up 21.8% On Year
Romanian insurers underwrote premiums of RON337.86 million abroad last year, up 21.8% from 2011, and foreign insurers underwrote premiums of RON216.6 million, 85.6% more than in 2011.
Romanian Insurance Industry Staff Down 22% In 2012, To Nearly 11,850 Employees
Romanian insurance companies and insurance brokers had nearly 11,850 employees at the end of 2012, down 22% from 2011, according to the annual report of the Financial Supervisory Authority (...
Astra, Euroins, Omniasig, Asirom Targeted By Over 80% Of Client Complaints In 2012
Romanian insurance regulator CSA received 7,450 complaints last year over insurers and brokers’ services, 1.6% less than in 2011, mostly targeting car insurance and insurers Astra, Euroins,...
Romania Insurers’ Share Capital Fell 26% In 2012 To RON2.98B
The subscribed share capital of insurers in Romania fell 26.1% in 2012 to 2.98 billion lei (EUR670.1 million), according to an annual report by the country’s Financial Supervisory Authority,...
Romania's Largest Insurers Sped Up Restructuring, Laid Off 1,000 Employees In 2012
The first ten largest insurance companies in Romania employed an average of 12,000 people last year, 1,000 fewer than in 2011, as they continued restructuring their business, hurt by the cri...
Insurers Remain Pessimistic, See Moderate Growth On Romanian Market In 2013
The evolution of the Romanian insurance market in the first three months of 2013 does not leave room for much optimism for the coming period, as the most optimistic forecasts point to a mode...
Foreign Insurers Added Half A Billion Euros To Romanian Insurers’ Capital Since Start Of Crisis
Foreign insurers brought EUR450 million to the capital of Romanian subsidiaries since the beginning of the economic crisis in order to cover ‘loopholes’ of over half a billion euros triggere...
Romanian Insurers Underwrote Premiums Of RON348.8M In EU In 2012
Romanian insurers underwrote premiums of 348.85 million lei (EUR78.9 million) in other European Union member states in 2012, up 25.8% on the year, accounting for 4.22% of overall market, acc...