12.21.2016

Almost every member of the board of the former Insurance Supervisory Commission (CSA) in 2011-2012, among which Angela Toncescu and Constantin Buzoianu, even former commission chairpersons, were more

07.17.2013

Former insurance market regulator CSA, whose duties have been taken over this year by the Financial Supervisory Authority, registered loss of 15 million lei (EUR3.4 million) last year, down 21% from more

01.23.2013

Romanian insurers who aim to become stockholders of mandatory home insurance companiy PAID will no longer be compelled to have an EUR250,000 minimum inflow to the company’s share capital, as the more

01.04.2013

Insurer Euroins Romania will increase its share capital by 15 million lei (EUR3.3 million) to RON118.5 million, through cash inflow, following shareholders’ decision of November 22, 2012. more

12.04.2012

Romanian insurance companies’ underwritten premiums in other European Union member states rose 27.1% on the year to 232 million lei (EUR51.3 million) in the first nine months of 2012, according to more

11.27.2012

Prices of premium on mandatory car insurance (RCA) are set exclusively by insurers, the Romanian insurance watchdog CSA said Tuesday. more

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

11.07.2012

Romania’s insurers may lower the expenses related to compensations by two or three times if they resort to the services of mediators, according to the Insurance Surveillance Commission CSA. more

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

10.22.2012

Romania���s ruling Social Liberal Union has proposed Daniel Tudor for the position of president of insurance market regulator CSA. more

10.16.2012

Romanian lawmakers Tuesday voted to dismiss Constantin Buzoianu from the position of president of the country’s insurance regulator CSA. more

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

08.17.2012

Romania’s insurance regulator CSA on Friday said the procedures required to set up and run an insurance company were simplified in a move to align to the European legislation on the authorization more

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

08.16.2012

Romania’s insurance regulator CSA received a total of 7,570 complaints in 2011 against services provided by insurers and brokers, down 0.15% on the year, most of them targeting the auto industry and more

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

06.07.2012

Romania’s insurance regulator CSA has applied fines of 80,000 lei (EUR17.927) to seven managers of insurance companies for a growing number of complaints from customers in the first five months of more

05.15.2012

Romanian insurance regulator CSA has received offers from Alico, Generali and ING Asigurari to provide life insurance for its 178 employees, through a contract worth an estimated 27.7 million lei more

04.10.2012

Romanian providers of civil auto liability insurance (RCA) may be required to send an estimate regarding the segment's indicators every year to the market regulator, CSA, to be used in a risk more

04.02.2012

Romanian companies that issue mandatory car insurance policies (RCA) will not contribute this year to the fund protecting road accident victims, as the fund has enough resources to cover possible more

03.27.2012

Sales of voluntary home insurance totaled 641 million lei (EUR147 million) in 2011, up 70% on the previous year, in addition to more than RON35 million from mandatory insurance, according to the data more

03.23.2012

Romanian insurance market regulator CSA wants to buy life insurance for its 178 employees, with benefits ranging between EUR25,000 and EUR200,000 per person, through a contract worth an estimated 27.7 more

03.21.2012

Policyholders may refer complaints regarding insurance contracts to the brokers that negotiated the deal, and the latter will settle problems amiably, Romanian insurance regulator CSA president more

02.07.2012

IT systems integrator Romsys will provide the Romanian insurance system regulator CSA with computer maintenance services worth EUR1.61 million (VAT included). more

12.14.2011

Life insurance policyholders redeemed 287 million lei (EUR65.9 million) worth of policies in the first nine months of the year, down 5% from the same time of 2010, show insurance regulator CSA data. more