UNIT LINKED
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Banks-Insurance
Life Insurance Policies Worth A Record RON233M Canceled In 1H
Tens of thousands of clients have continued to cancel life insurance policies this year, with the value of policies redeemed early climbing 20% in the first six months, to 233 million lei (EUR53.5 million), according to data of the Insurance Supervisory Commis...
Capital Market
Stock Falls Wipe Out Tens Of Million Euros From Unit-Linked And Private Pension Accounts
Private pension funds and insurers’ unit-linked schemes have felt the full blow of capital markets’ decline in the past month, as millions of euros vanished from clients’ accounts.