POLICIES
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NN Asigurari Eyes Health Policies Segment In 2016
NN Asigurări de Viata (formerly ING Asigurări de Viata) is looking for new growth opportunities such as health insurances policies in 2016, after touching a 37% market share on the life insurance segment in 18 years on the local market, according to the compan...
Aegon Romania Hits Revenue Of RON50M In 2014 After Eureko Acquisition
Aegon Romania, the local unit of the Dutch insurer, in 2014 registered gross underwritten premiums of around RON50 million and had over 40,000 policies in its portfolio, up from 2013. The nu...
Garanti Bank: Companies Must Carry Out Investment Projects To Become Profitable
Companies ought to carry out investment projects that attract foreign or local capital and become profitable to be able to contract bank loans, said Rozalia Pal, chief economist with Garanti...
Romania Mulls Euro-denominated Bonds To Refinance Debt
Romania pursues a strategy of issuing liquid benchmark bonds and refinancing treasury bills via euro-denominated bonds to improve its public debt management, Budget Minister Liviu Voinea sai...
Insurers Expect 2014 To Be Another Difficult Year
The Romanian insurance market will have another difficult year, as chances for growth to resume are slim and sales of policies will most likely be flat in 2014, most insurance company offici...
Romania's Insurance Market Flat At RON6.8B In January-October 2013
Insurance companies in Romania issued policies worth 6.8 billion lei (EUR1.5 billion) between January and October 2013, flat from the same period a year ago, according to the country's Finan...
Carpatica Asig’s 9-Month Home Insurance Subscriptions Up 71% On Year To RON11.1M
Romanian insurer Carpatica Asig Sibiu on Thursday said it underwrote premiums of 11.1 million lei (EUR2.4 million) on the segment of home insurance policies in the first nine months of 2012,...
New Rules Regarding Voluntary Home Insurance In Effect Starting September 1
Romanian insurers will be allowed to issue starting September 1, 2012 voluntary home insurance policies only for sums higher than those covered by mandatory home insurance policies, which ra...
Insurance Market Fell 3.7% In Jan-Sept To RON6.1B
Romania’s general and life insurance market fell 3.71% in the first nine months of the year to 6.08 billion lei (about EUR1.39 billion), due to a 5.89% drop in general insurance underwritten...