POLICY
19 articole · RSS
Homeowners May Insure Homes Through Voluntary Or Mandatory Policies
Romanian homeowners may insure their homes against earthquakes, landslides and floods either through voluntary or through mandatory home insurance policies, according to new insurance market...
Insurers Don’t Hasten To Sell Mandatory Home Insurance Deterred By Low Fees
Romanian insurers are not interested in selling mandatory home insurance policies issued by the Pool of Insurance against Natural Disasters (PAID), discouraged by the low commission they rec...
Analysts Say Derogation To Fiscal Law Signals Non-Predictability Of Fiscal Policies
The Finance Ministry is preparing to increase public sector wages through derogation to the law of fiscal responsibility, while cutting infrastructure spending in this year’s first budget ad...
WB: Romania Must Consider Local Problems, Competitiveness When Asking For EU Funds In 2014-2020
Romania needs to consider local problems and its economy's low competitiveness when it applies for funds in the 2014-2020 EU financial period, said Arabela Aprahamian, World Bank country man...
Isarescu’s Dilemmas: How To Juggle Exchange Rate, Interests, Exports, Leu Savings And Lack Of Foreign Funding
Almost four years since the crash of the Lehman Brothers bank, the officially recognized milestone that marks the start of the most serious financial and economic crisis of the last eighty y...
Certasig Insured Europa League Final Opening Ceremony For EUR6.2M
Certasig has insured the opening ceremony of the Europa League final for EUR6.2 million, the most expensive policy sealed by a Romanian insurer for a local event.
EUR84M Worth Of Life Insurance Contracts Cancelled By Policyholders Last Year
Life insurance companies lost several tens of thousands of accounts last year, as they were closed by customers who needed the money after seeing their income shrink because of the difficult...
Over EUR65M Worth Of Life Insurance Policies Cancelled In Nine Months
Life insurance policyholders redeemed 287 million lei (EUR65.9 million) worth of policies in the first nine months of the year, down 5% from the same time of 2010, show insurance regulator C...
Romanian Firm Buys Most Expensive Insurance Policy Sold Locally To Cover Damages Of EUR5B
The most expensive insurance policy brokered by Marsh, one of the major players on the Romanian insurance brokerage market, covers damages of EUR5 billion. Data show this is the most expensi...