Results 401 - 425 from 532 for "insurance"
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Insurance Regulator Posts Loss Of RON19M In 2011
08.16.2012
Romania's insurance market regulator CSA posted losses of 18.9 million lei (EUR4.2 million) in 2011, compared with profit of RON5.2 million in 2010, according to its yearly report. more
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Share Capital In Romanian Insurance Industry Dropped 3.4% In 2011, To RON4.04B
08.16.2012
The share capital of Romanian insurers dropped 3.4% in 2011, to 4.04 billion lei (EUR952.8 million), according to the annual report release Thursday by the insurance regulator CSA. more
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Romanian Insurance Market Up 2.7% In 1H, To RON4.13B
08.14.2012
Romania's insurance market grew by 2.7% in the first six months of 2012, to 4.13 billion lei (EUR914 million), thanks to higher sales of general insurance policies, according to the data of regulator more
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New Rules Regarding Voluntary Home Insurance In Effect Starting September 1
08.08.2012
Romanian insurers will be allowed to issue starting September 1, 2012 voluntary home insurance policies only for sums higher than those covered by mandatory home insurance policies, which range more
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Eureko Asigurari's Portfolio Shrunk 8.9% In 2011
08.08.2012
The portfolio of Romanian insurer Eureko Asigurari shrunk by 8.9% last year, to 34,738 contracts, while revenue from underwritten premiums climbed 1.7% to 42.04 million lei (EUR9.26 million), more
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Romania’s Top Three Life Insurers Paid Dividends Of EUR100M In Five Years
08.06.2012
Romania’s top three life insurance companies, ING Asigurari de Viata, BCR Life and Alico, registered net profits of 526.3 million lei between 2007 and 2011, and paid out dividends of RON417.6 more
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CSA Might Set New Rules Regarding Voluntary Home Insurance
07.25.2012
Romanian insurers might be allowed to issue voluntary home insurance policies only for sums higher than those covered by mandatory home insurance policies, which range between EUR10,000 and EUR20,000 more
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Insurance Market Net Loss Up Eight Times In 2011 To RON330M
07.17.2012
Romania's insurance sector posted net losses of 329.7 million lei (EUR72.2 million) in 2011, up eight times compared with 2010, according to Finance Ministry data centralized by MEDIAFAX. more
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Astra, Omniasig, Platinum To Insure Interior Ministry Helicopters For EUR4.9M
07.16.2012
Romania's General Aviation Inspectorate will insure its helicopter fleet with Astra, Omniasig and Platinum Asigurari for 22.15 million lei (EUR4.9 million) over the next four years. more
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Basic Healthcare Package Won't Cover Minor Illness
07.13.2012
The basic package under Romania's new healthcare law will no longer cover minor illnesses, but mainly major risks and serious disease, and the system will receive extra funding from mandatory car more
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Alico Wins Contract To Insure CSA Staff
07.11.2012
Romania’s insurance market regulator CSA will pay insurer Alico 27.7 million (EUR6.1 million) in the next five years to insure its staff, people familiar with the matter told Mediafax Wednesday. more
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Eureko Calls It Quits After EUR30m Losses In Eight Years In Romania
07.11.2012
Insurance giant Eureko plans to leave Romania early next year after having invested tens of millions of euros in its local subsidiary to offset its losses year after year, sources in the industry say. more
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Only A Handful Of Insurers Still Making Profit
07.09.2012
Large insurers have fully felt the impact on the crisis over the last few years and many of them posted two-digit decline of revenue and lost market share to smaller players or to those that more
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Health Insurance Houses To Be Able To Reorganize As Mutuals - Minister
07.02.2012
Romania’s new healthcare bill allows county health insurance houses to reorganize as mutual health insurance organizations, Health Minister Vasile Cepoi said Monday. more
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Insurers: Private Health Insurance Deductions Should Be Clearly Stipulated In Tax Code
07.02.2012
Insurers and providers of private healthcare in Romania think that stipulating fully deductible private health insurance in the Tax Code is key to the continuation of reform in the healthcare system, more
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AXA Life Insurance Romania Wants To Double Underwritten Premiums To RON49M In 2012
06.19.2012
AXA Life Insurance Romania wants to double revenues from underwritten premiums this year to 49 million lei (EUR11 million), the insurer’s sales manager, Dan Buta, told a news conference Tuesday. more
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High Car Insurance Claims Drive Omniasig To EUR41M Loss
06.19.2012
Omniasig, a company controlled by Vienna Insurance Group (VIG), posted a loss of 181 million lei (EUR41 million) last year because of the surge in car policy claims. 2011 was the first year in the red more
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Insurers That Sell General Insurance Policies Face Losses - CSA Head
06.13.2012
The acquisition costs, reserves and damages paid by Romanian insurers that sell general insurance policies exceed revenues from underwritten premiums on this segment, Constantin Buzoianu, president of more
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Insurers That Cover Natural Disasters Must Hold Reserves Based On Subscriptions
06.08.2012
Romanian insurers that cover natural disasters must hold reserves based on estimations regarding underwritten premiums on this segment and their reinsurance programs, according to norms drawn up by more
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Ponta Appoints New Health Insurance House Head
05.25.2012
Romanian Prime Minister Victor Ponta appointed Doru Badescu, general manager of Bucharest Emergency Hospital “Dimitrie Gerota”, to the position of president of the National Health Insurance House more
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Insurers Still Pessimistic, Expect Market Stagnation In 2012
05.24.2012
The insurance market's balance and revenue stabilized at half a billion euros three months into the year, after three years of decline, the market's players will not say that the worst is behind them more
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About 70% Of Romanians Not Willing To Buy Private Health Insurance - Survey
05.22.2012
Most Romanians (70%) are not willing to buy private health insurance, mainly because they lack money and confidence in the local healthcare system, according to an IMAS survey conducted at the request more
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Omniasig: 2012 Will Be A Difficult Year For Insurance, Slight Growth Expected
05.22.2012
This year will be difficult for the insurance market, with a slight growth in underwritings, said Mihai Tecau, CEO of Romanian insurer Omniasig (formerly BCR Asigurari). more
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Romanian Insurance Market Up 0.35% On Year In 1Q, To RON2.17B
05.22.2012
Romania’s general and life insurance market increased 0.35% in the first quarter of the year, to 2.17 billion lei (EUR488 million), fueled by the general insurance segment which saw a 0.55% growth, more
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Government To Refund Pensioners For Healthcare Contributions Collected Illegally
05.16.2012
Romanian pensioners will be refunded their social healthcare contributions in monthly tranches and the social health insurance fund will lose over 1.5 billion lei (EUR337 million), according to a more