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PAID

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PAID Approved Flood Damage Claims of RON3M in Jan-Aug
Banks-Insurance

PAID Approved Flood Damage Claims of RON3M in Jan-Aug

The Romanian Pool of Insurance against Natural Disasters (PAID) approved 720 flood damage claim files in the first eight months of 2018, totaling RON3.06 million, PAID CEO Nicoleta Radu said...

Oana Gavrila · 06.09.2018 · 16:28 · 1 min
PAID: Less Than 20% Of Homes In Romania Insured Against Natural Disasters
Banks-Insurance

PAID: Less Than 20% Of Homes In Romania Insured Against Natural Disasters

Less than 20% of homes in Romania are insured against natural disasters, but the number is on the rise considering that some 6% more mandatory home insurance policies were issued on the mont...

Ecaterina Craciun · 09.11.2017 · 13:38 · 1 min
PAID Seeks 10% Premium Growth This Year Following Advisory Campaign
Banks-Insurance

PAID Seeks 10% Premium Growth This Year Following Advisory Campaign

The Romanian Pool of Insurance against Natural Disasters (PAID), which issues mandatory home insurance, wants to invest 1% of last year's revenues in an advisory campaign that it hopes will...

Oana Gavrila · 26.01.2015 · 13:09 · 1 min
PAID Portfolio Doubled In 2014 To 1.5 Mln Mandatory Home Insurance Policies
Banks-Insurance

PAID Portfolio Doubled In 2014 To 1.5 Mln Mandatory Home Insurance Policies

The portfolio of the Romanian Pool of Insurance against Natural Disasters (PAID) doubled on the year in 2014, to 1.49 million mandatory home insurance policies, but declined from a peak of 1...

Ecaterina Craciun · 13.01.2015 · 19:54 · 1 min
PAID Damage Claims In January-May Match Equal 75% Of 2013 Claims
Banks-Insurance

PAID Damage Claims In January-May Match Equal 75% Of 2013 Claims

Romania’s Pool of Insurance against Natural Disasters (PAID), which issues mandatory home insurance, paid damage claims of RON358,380 in January-May, 75% of the total damage claims it paid t...

Oana Gavrila · 03.06.2014 · 16:49 · 1 min
VIG Won't Join PAID As Long As Its Reinsurance Is Inadequate
Banks-Insurance

VIG Won't Join PAID As Long As Its Reinsurance Is Inadequate

Vienna Insurance Group's Romanian businesses will not join the country's Pool of Insurance against Natural Disasters (PAID), which sells mandatory home insurance, as long as its portfolio is...

Oana Gavrila · 13.05.2014 · 15:20 · 1 min
PAID Insurance Portfolio Doubled In 2013
Banks-Insurance

PAID Insurance Portfolio Doubled In 2013

The portfolio of the Romanian Pool of Insurance against Natural Disasters (PAID) rose by 120% last year, from 330,103 to over 727,000 contracts, after it closed partnerships with 20 insurers...

Gabriela Stan · 20.01.2014 · 14:04 · 1 min
Asirom To Sell Mandatory Home Insurance Under Protocol With PAID
Companies

Asirom To Sell Mandatory Home Insurance Under Protocol With PAID

Romanian insurer Asirom VIG has signed a collaboration protocol with the Pool of Insurance Against Natural Disasters (PAID), which allows it to distribute mandatory home insurance policies,...

Ecaterina Craciun · 27.08.2013 · 13:52 · 1 min
Omniasig To Sell Mandatory Home Insurance Under Protocol With PAID
Banks-Insurance

Omniasig To Sell Mandatory Home Insurance Under Protocol With PAID

Romanian insurer Omniasig VIG has signed a collaboration protocol with the Pool of Insurance Against Natural Disasters (PAID), which allows it to distribute mandatory home insurance policies...

Ecaterina Craciun · 13.08.2013 · 18:44 · 1 min