RCA
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Biro, ASF: Average RCA Premium In Romania Up 7% On Year In 1Q/2014
The average premium for mandatory car insurance (RCA) policies in Romania rose 7% on the year in the first three months of 2014, said Albin Biro, non-executive member in the management of Ro...
Euroins Romania Banned From Selling RCA Policies
Romania’s Insurance Supervisory Authority (ASF) has decided to ban insurer Euroins Romania from selling mandatory car insurance policies RCA until the latter implements a set of measures imp...
Insurers That Sell Cheap RCA Policies And Fail To Pay Damages Risk Losing License
One of the solutions to reduce the number of complaints on the mandatory car insurance (RCA) segment is to eliminate insurance companies that apply low premiums but fail to pay damages when...
Astra To Insure Posta Romana’s Car Fleet
Romanian insurance company Astra will insure the 607 vehicles state-run postal service operator Posta Romana will buy following an auction.
Average RCA Premium In Romania Down 4% In 2012, To RON463
The average premium for mandatory car insurance (RCA) policies fell 4% to 463 lei (EUR104) on the year in 2012, while underwritten premiums on this segment rose 10% to RON2.06 billion, Roman...
Romanian Insurance Market Helped By RCA Segment In 2012
Major insurers felt to a lesser extent the effects of the crisis in 2012 after three years when their businesses plummeted, but few companies managed to boost their sales on segments other t...
Tariffs For RCA Premiums Seen Flat Or Up To 5% Higher In 2013 – Safety Broker
Tariffs for mandatory car insurance (RCA) policy premiums are seen flat or up to 5% higher in 2013, after three years of price stagnation, Viorel Vasile, general manager of Romanian insuranc...
Average Annualized Premium On RCA Segment Down 4% In January-September
The average annualized premium on the mandatory car insurance (RCA) segment stood at 455 lei (EUR100) in the first nine months of 2012, down 4% from RON472 in the same interval a year ago, a...
Insurers Paid Death, Injury Damages Of RON246M In Jan-Sept, Up 46% On Year
Romanian insurers paid damages of 246.65 million lei (EUR54.7 million) on the accidental death and injury segment in the first nine months of 2012, up 46% on the year, according to insurance...