NATURAL DISASTERS
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Banks-Insurance
ASF: Number Of Insurance Contracts Against Natural Disasters Inched Up 1% In 1H/2018
The number of contracts of insurance against natural disasters inched up 1% in the first half of 2018, to nearly RON1.7 million, and underwritten gross premiums rose by nearly 3% to RON71.5 million.
Banks-Insurance
Insurers That Cover Natural Disasters Must Hold Reserves Based On Subscriptions
Romanian insurers that cover natural disasters must hold reserves based on estimations regarding underwritten premiums on this segment and their reinsurance programs, according to norms draw...
Banks-Insurance
Introduction Of Mandatory Home Policies Causes Surge Of Voluntary Insurance
Around 3 million Romanians have their homes insured through a voluntary policy, 58% more than in mid-last year, when the mandatory home insurance scheme kicked off, while mandatory policies...