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Insurance Regulator Wants RCA Premiums To Cover Both Risks, Profit Margin
Romanian insurance companies will rethink mandatory car insurance policy (RCA) premiums to make sure that revenues estimated for an interval of 12 months will cover both risks and insurers'...
Foreign-Owned Insurers Cut Exposure To RCA Segment By One Third Since 2008
The six largest Romanian general insurance companies controlled by powerful European groups have reduced their market share on the mandatory car insurance segment RCA by one third over the p...
Allianz: Too Many Companies On Romania's Insurance Market
The Romanian insurance market is getting overcrowded because 40 companies are vying over less and less money. Under the circumstances, consolidation by mergers and acquisitions becomes an ir...
Housing Bank Clients To Receive State Premiums Of RON42.55M
The 400,000 clients of Romanian banks on the savings and loan segment will receive state premiums amounting to 42.55 million lei (EUR9.45 million), which cover the last tranche for sums save...
Premium Car Sellers Have Most Profitable Employees
Importers of expensive cars had the most profitable employees last year. Each person working for BMW Group Romania, Porsche Romania and Mercedes-Benz Romania generated EUR45,000 to EUR550,00...
Minimum Annual Premium For RCA Policies Should Reach EUR180 - Brokers
The minimum premium for mandatory car insurance policies (RCA) should stand at about EUR160 or EUR180 per year to cover claim frequency, the average claim and insurers’ expenses, national as...