RESOLUTION
2 articole · RSS
Banks-Insurance
City Insurance, Third Largest Insurer On Local RCA Market, Starts Resolution Measures
City Insurance, the third largest insurer on the local automobile liability insurance (RCA) market, with underwritten gross premiums of RON650 million in 2016, will be subject to resolution measures after the failure of the company’s financial recovery plan.
Banks-Insurance
National Bank Of Romania Is Resolution Authority For The Banking Sector
The National Bank of Romania will be the resolution authority for the banking sector and will intervene for banks in difficult situations via tools like the bridge-institution, the sale of t...