INSURERS
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Insurers, Pension Fund Managers: Impact Of New Crisis To Be Double
Insurer and private pension fund managers say that, while they have not felt any major changes in recent sales following the foreign financial market turmoil, the lessons learnt from the cri...
VIG Plans Omniasig-BCR Asigurari Merger To Create Romania's Largest Insurer
After making acquisition after acquisition in recent years, so that it came to own four major Romanian brands it was feeling comfortable with, Austria’s Vienna Insurance Group (VIG) made the...
Domestic Insurers Not Afraid Foreigners Will Take Their Place On The Market
Major insurers say the local industry is not quite appealing to foreigners at this moment given the negative figures it has recorded over recent years, even though insurance regulator CSA ha...
Insurers Transfer Risks After Fighting On Auto Liability Segment With Very Low Prices
The ten biggest general insurers transferred premiums worth 358 million lei (around EUR85 million) to reinsurers in the first quarter of 2011, up 56% from a year ago.
Top 10 Insurers In 1Q
Top 10 Insurers By Market Share At End-March (%)
UNSAR: Solvency II To Entail Significant Costs For Romanian Insurers
Romanian insurers will need tens of millions of euros to upgrade IT systems in order to implement the European set of directives Solvency II, Cristian Constantinescu, president of the Romani...