POLICY
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Euroins Romania Sales up to 1.2 Million Insurance Policies in Q1
Insurer Euroins Romania sold 1.2 million policies for all its insurance products in the first quarter of 2022, compared with 900,000 in the year-ago period and the number of customers increased by 36%, the company said.
Number of Insurance Contracts Up 3% by End of September
Insurers recorded more than 15.5 million policies at the end of the first nine months of 2019, 3% more than in the year-ago period, Financial Supervisory Authority (ASF) data show.
Number Of Life Insurance Policies Down To Half Of 2013 Level
About 1.64 million Romanians had a life insurance policy at the end of September 2017, which means less than half of the number that had such insurance in September 2013, Romania’s Financial...
Romania’s Former EU Negotiator: We’ve Got No Industrial Policy, No Service Policy, No Agricultural Policy
Two million Romanians living abroad and having sent back home EUR60 billion. A Gross Domestic Product that went from EUR127 billion in 2007 to EUR160 billion in 2015. Exports up from EUR30 b...
Lax Policies Won't Boost Economic Growth - Central Bank Official
Lax fiscal and monetary policies don't necessarily lead to economic growth, central bank chief economist Valentin Lazea said Tuesday, adding economists ignore the experience of past centurie...
Auto Liability Policies And Low Market Share Insurance See Growth In 1Q
Financial loss insurance and auto liability insurance were among the insurance classes to see the highest growth in the volume of gross written premiums in January-March compared with the ye...
BNR Has Changes In Store For Bankers
Romania’s central bank’s Supervisory Department will change the way it deals with banks this year. Any slippage in risk control, including operational risks, will be much more harshly penali...
Insurance Clients Cancelled Policies Worth A Record-High EUR96M Last Year
Early redemptions of life insurance policies reached record highs in 2012, as need for cash stayed high.
Only One In Seven Romanians Has An Insurance Policy
Only three million Romanians or about 15% of the total population had a life or health insurance policy at the end of last year. In comparison, one quarter of the people in Hungary, and almo...