PAID
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Allianz-Tiriac To Sell Mandatory Home Insurance Under Protocol With PAID
Insurer Allianz-Tiriac Asigurari has signed a collaboration protocol with the Pool of Insurance Against Natural Disasters (PAID), which allows it to distribute mandatory home insurance polic...
Insurers Outside PAID May Sell Mandatory Home Insurance Under Collaboration Protocols
Insurers that are not part of the Romanian Pool of Insurance Against Natural Disasters (PAID) will be allowed to sell mandatory home insurance policies under collaboration protocols with PAI...
Insurance Pool PAID Switches To Loss After 82% Drop In Underwritings Last Year
Romania’s Pool of Insurance against Natural Disasters (PAID), which issued mandatory home insurance policies, underwrote premiums of nearly RON6.5 million in 2012, down 82% on the year, and...
New PAID Stockholders Were Written Off Minimum Capital Inflow
Romanian insurers who aim to become stockholders of mandatory home insurance companiy PAID will no longer be compelled to have an EUR250,000 minimum inflow to the company’s share capital, as...
New Insurers Want To Join Mandatory Private Insurance Providers PAID
Omniasig, Allianz-Tiriac and Asirom - the three major insurers which are not part of the scheme that covers against natural hazards - are negotiating their entry into the shareholder structu...
Insurer PAID Sees Underwritten Premiums Fall 71% In 2012, Losses Of Up To RON1.9M
Romania's Pool of Insurance against Disasters (PAID) will underwrite premiums of 10.3 million lei (EUR2.3 million) in 2012, down 71% on the year, and will switch to losses of RON1.9 million...
PAID Shareholders Want To Issue Mandatory Home Insurance Policies Themselves
The new strategy of Romania's Pool of Insurance Against Disasters (PAID) is to raise the premium for mandatory home insurance and allow only PAID shareholders to sell such policies.
Romanian Insurer PAID's Portfolio Expected To Halve To 300,000 Policies By June 2012
The Romanian Pool of Insurance Against Natural Disasters (PAID) estimates it will administer around 300,000 mandatory home insurance policies by the middle of this year, down by half compare...
Insurance Pool PAID Might Pay Damages Of EUR26M Following Sudden Snow Melting
Rising temperatures and a sudden thawing of snow might lead to over 32,800 damage claims for insurance policies issued by the Romanian Pool of Insurance Against Natural Disasters (PAID), who...