The ruling was given at the beginning of December by the High Court of Cassation and Justice (ICCJ) after a ten year-long trial.
The damages were claimed by clothing firm Cochet SA in Sibiu after a truck carrying silk ties was destroyed in a fire in 2002. The insurer rejected the company’s claim for damages because it had doubts over how the event occurred, and even asked for an auto technical expertise in court.
Eureko officials say they will respect the court’s decision and that the company will have no trouble paying the damages, as the insurer has a solvency ratio above the limit requested by law.
Eureko had an available solvency of over 34 million lei (EUR8 million) at the end of last year on the general insurance segment, according to the company’s annual report.
The EUR6.6 million is twice as much as the total volume of damages paid by the insurer in 2011.
(English version by Daniela Stoican)