Allianz: Too Many Companies On Romania's Insurance Market

10.04.2012 By Ciprian Botea

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 process that will intensify soon, says Bruce Bowers, chief executive of Allianz for Central and Eastern Europe, Middle East and North Africa.

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Keywords:: ALLIANZ; , INSURANCE; , PREMIUM; , MARKET

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