Results 376 - 400 from 532 for "insurance"
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CSA: Insurers Solely Responsible For Setting Mandatory Car Insurance Prices
11.27.2012
Prices of premium on mandatory car insurance (RCA) are set exclusively by insurers, the Romanian insurance watchdog CSA said Tuesday. more
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Insurance Companies Ceded Premiums Of RON1.1B To Reinsurers In Jan-Sept
11.27.2012
The members of the National Union of Insurance and Reinsurance Companies in Romania (UNSAR) ceded premiums of 1.1 billion lei (EUR0.24 billion) to reinsurers in January-September, up 20% on the year. more
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Insurance Regulator Wants RCA Premiums To Cover Both Risks, Profit Margin
11.23.2012
Romanian insurance companies will rethink mandatory car insurance policy (RCA) premiums to make sure that revenues estimated for an interval of 12 months will cover both risks and insurers' profit more
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Insurance Market Up 1.4% In Jan-Sept To RON6.2B
11.21.2012
Romania’s general and life insurance market climbed 1.43% in the first nine months of the year to 6.17 billion (EUR1.36 billion), supported by a 1.74% increase registered on the general insurance more
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Parent Groups Add EUR550M To Capital Of Romanian Banks And Insurers
11.20.2012
Foreign-held banks and insurance companies received more than EUR550 million in capital injections this year to offset the huge losses and meet the solvency requirements of the central bank and the more
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Axa Will Continue Investments In Romania, But At A Slower Pace
11.01.2012
Europe’s largest insurer Axa will continue investments in Romania, but at a slower pace because of worse than expected economic conditions, said Violeta Ciurel, chief executive of AXA Asigurari more
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CSA: Romania’s Insurance Market Up 1.5% On Year In January-August, At RON5.5B
10.31.2012
Romanian insurance market was 1.54% higher in January-August period, to 5.5 billion lei (EUR1.21 billion) in underwritten premiums from general and life insurance, according to data of the Insurance more
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Homeowners May Insure Homes Through Voluntary Or Mandatory Policies
10.25.2012
Romanian homeowners may insure their homes against earthquakes, landslides and floods either through voluntary or through mandatory home insurance policies, according to new insurance market more
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Daniel Tudor Named President Of Romanian Insurance Regulator
10.23.2012
Romania’s Parliament on Tuesday appointed Daniel Tudor to the position of president of insurance market regulator CSA. more
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Insurance Regulator Head Close To Being Dismissed Over “Ungrounded Complaints”
10.16.2012
Romania’s insurance regulator head Constantin Buzoianu said he is on the verge of being dismissed following “ungrounded complaints” filed by several insurance companies disgruntled by the more
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Sum Insured Though Voluntary Home Insurance Policies Sold By UNSAR Rises To EUR67M In 1H
10.15.2012
The sum insured through voluntary home insurance policies issued by the members of the National Union of Insurance and Reinsurance Companies in Romania (UNSAR) stood at EUR67 billion on June 30, up more
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Insurers Don’t Hasten To Sell Mandatory Home Insurance Deterred By Low Fees
10.15.2012
Romanian insurers are not interested in selling mandatory home insurance policies issued by the Pool of Insurance against Natural Disasters (PAID), discouraged by the low commission they receive, more
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Insurers Cut Prices To Get As Big A Slice Of Home Insurance As Possible
10.10.2012
Sales of optional home insurance amounted to 602 million lei (EUR132 million) in June 2011-June 2012, up 32% on the previous year, after insurers promoted such products aggressively motivated by the more
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Allianz: Too Many Companies On Romania's Insurance Market
10.04.2012
The Romanian insurance market is getting overcrowded because 40 companies are vying over less and less money. Under the circumstances, consolidation by mergers and acquisitions becomes an irreversible more
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Average RCA Premium Fell 3% In 1H To RON444
10.03.2012
The average premium for mandatory car insurance policies stood at 444 lei (EUR98) in the first six months of the year, down 3% compared with the similar interval a year ago, and the average damages more
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Not-At-Fault Divers Involved In Car Accidents To Receive Damages From Their Own Insurers
10.03.2012
Drivers involved in non-fault car accidents will receive damages from the insurers that issued their mandatory car insurance (RCA) policy instead of claiming damages from the insurer of the party at more
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Insurers Transfer A Quarter Of Their Risk To Reinsurance Companies
10.01.2012
The top ten insurers on the market ceded 730 million lei (EUR161 million) in premiums to reinsurers in January-June, up 30% on the year-ago period, according to the data published by the insurers’ more
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Mandatory Home Insurance Suspended In Court
09.20.2012
The Bucharest Court of Appeals has suspended, at the request of Astra, the enforcement of an order issued in August by the Insurance Supervisory Commission (CSA) forcing home owners to buy a mandatory more
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Adamescu Brings Former Boss Of Euroins To Run Astra
09.19.2012
Major insurer Astra has recruited the head of Euroins, Alin Bucsa, as the company’s general manager to replace Alexander Adamescu, who had run the company in the past nine months. more
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New Insurers Want To Join Mandatory Private Insurance Providers PAID
09.16.2012
Omniasig, Allianz-Tiriac and Asirom - the three major insurers which are not part of the scheme that covers against natural hazards - are negotiating their entry into the shareholder structure of more
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Romania Will Simplify Home Insurance Procedures
09.07.2012
Romanian homeowners who want to buy voluntary home insurance to cover damages that exceed mandatory home insurance coverage will sign only one contract, not two, according to the Pool of Insurance more
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Romanian Insurers Cut 2,400 Staff During Crisis
09.03.2012
Six of the ten largest insurance companies performed double-digit staff cuts during the crisis to keep spending in check after policy sales had collapsed. The ten largest insurance companies had more
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VIG Underwritten Gross Premiums In Romania Fell 14% In 1H To EUR235M
08.23.2012
Vienna Insurance Group (VIG) said Thursday it underwrote gross premiums of EUR235.7 million in Romania in the first half of the year, down 14% from EUR275.8 million in the same interval a year ago. more
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Top Ten Insurers Make 90% Of Total Revenues
08.22.2012
Insurance sales stabilized in the first half of this year, but some major insurers continue to feel the effects of the crisis and to lose ground to smaller companies or to those who promoted mandatory more
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Omniasig Outruns Astra For 1st On Romania's Insurance Market
08.17.2012
Romanian insurer Omniasig, former BCR Asigurari, posted underwritten premiums of 548.9 million lei (EUR112.5 million) in the first half of 2012, down 17.4% on the year, ranking first on the local more