TECHNICAL RESERVES
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Banks-Insurance
Insurers In Romania Set Up RON21.5B Claims Reserves In Q1/2023, Down 1.4% YoY
Insurance companies in Romania set up total claims reserves of RON21.5 billion in the first quarter of 2023, down 1.4% on the year, mainly due to missing information about Euroins Romania's claims reserves at that time, as per data published in the report of R...
Banks-Insurance
Insurers Set Up RON22.6B Technical Reserves In 1H/2022 For Future Damage Claims, Up 8% YoY
Insurance companies set up gross technical reserves of RON22.6 billion in the first half of 2022, up 8% on the year, as per data published in the report of Romania’s financial supervisory au...
Banks-Insurance
PAID’s Technical Reserves Exceed RON30M
The technical reserves of the Pool of Insurance Against natural Disasters (PAID) exceed 30 million lei (about EUR7 million), of which about RON400,000 represent approved and unapproved claim...