Results 1 - 24 from 24 for "damages"
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Romania Gets EUR34M From EU Solidarity Fund To Cover Damages Caused By Drought, Wildfires In 2022
12.04.2023
The European Commission has approved EUR33.9 million from the European Union Solidarity Fund (EUSF) to support Romania in addressing the extensive damages caused by droughts and wildfires in 2022. more
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Electrica Seeks Shareholder Approval to Recover RON235M Damages
09.25.2019
Romanian state-owned energy utility group Electrica (EL.RO) will seek shareholder approval to file civil action against 18 former managers and six former executives to recover damages totaling RON235 more
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Romanian President Must Pay RON1.2M In State Damages For Illegal Rent, Says Finance Minister
07.06.2018
Romanian Finance Minister Eugen Teodorovici said Friday that President Klaus Iohannis must pay the state RON1.2 million, representing the rent he received for a Sibiu house which the latter lost in more
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Damages Paid By RCA Insurers For Bodily Injury And Death Up 70% In 1H/2014
09.16.2014
Damage payments for bodily injury and death covered by insurers issuing mandatory civil liability car insurance (RCA policies) stood at 277.06 million lei (over EUR62 million) in the first half of more
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25% Of Auto Liability Insurance Claim Settlement Goes To Moral Damages
06.20.2014
Insurance companies settled claims for moral damages and personal injury under auto liability policies (RCA) worth 134 million lei (EUR30.5 million) in the first three months of 2014, or 25% of the more
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Omniasig 1H Underwritings On RCA, CASCO Segments Down 33.4%, To RON261.5M
09.05.2013
Romanian insurer Omniasig Thursday said its revenues from underwritten premiums on the segments of mandatory car insurance (RCA) and voluntary car insurance (CASCO) fell 33.4% on the year to 261.5 more
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Insurers That Sell Cheap RCA Policies And Fail To Pay Damages Risk Losing License
06.20.2013
One of the solutions to reduce the number of complaints on the mandatory car insurance (RCA) segment is to eliminate insurance companies that apply low premiums but fail to pay damages when accidents more
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Insurers Underwrote Premiums Of RON2.1B In 1Q, Paid Damages Worth RON1.3B
05.22.2013
Romanian insurers paid damages of 1.3 billion lei (EUR0.3 billion) in the first quarter of 2012, up 3.12% on the year, while underwritten premiums dropped 1.8% to RON2.13 billion, according to the more
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Insurers To Contribute 1% of RCA Underwritten Premiums To Road Accident Fund
02.08.2013
Romanian insurers which sell mandatory car insurance policies RCA will transfer 1% of gross underwritten premiums on this segment to the fund protecting the victims of road accidents, according to an more
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Eureko Has To Pay EUR6.6M In Damages To Sibiu-based Firm
12.10.2012
Dutch-held insurer Eureko has to pay EUR6.6 million in damages to a Sibiu-based company for an insurance policy covering transported goods, one of the biggest compensation payments in the history of more
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Insurers Paid Death, Injury Damages Of RON246M In Jan-Sept, Up 46% On Year
11.27.2012
Romanian insurers paid damages of 246.65 million lei (EUR54.7 million) on the accidental death and injury segment in the first nine months of 2012, up 46% on the year, according to insurance market more
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Frauds Involving Voluntary Car Insurance To Cause Nearly EUR100M In Loss To Insurers In 2012
10.29.2012
Insurance companies in Romania will register losses estimated at EUR100 million in 2012 as a result of fraudulent damage claims on the segment of voluntary car insurance CASCO, Maria Boghian, 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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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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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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Insurance Pool PAID To Pay Damages Of EUR190M In Case Of Major Earthquake
03.08.2012
An earthquake similar to the 7.2 magnitude quake on March 4, 1977 in Romania would lead to 30,520 damage claims for insurance policies issued by the Romanian Pool of Insurance Against Natural more
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Insurance Pool PAID Might Pay Damages Of EUR26M Following Sudden Snow Melting
02.23.2012
Rising temperatures and a sudden thawing of snow might lead to over 32,800 damage claims for insurance policies issued by the Romanian Pool of Insurance Against Natural Disasters (PAID), whose value more
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Electrica Asks E.ON For EUR50M In Damages
01.23.2012
Romanian state-owned electricity distributor Electrica asked German utility group E.ON to pay damages worth EUR50 million within a litigation initiated by E.ON in the International Court of Arbitrage more
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Court Forces Catalin Chelu To Pay Damages For Refusal To File For Takeover
11.25.2011
Marking a first on the Bucharest stock exchange, businessman Catalin Chelu was forced by court order to pay damages for not launching an offer to takeover a firm, thus breaching market bylaws. more
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Astra Asigurari Paid RON319M In Damages In 1H, Up 36% On Year
08.11.2011
Romanian insurer Astra Asigurari paid 319 million lei (EUR74 million) in damage claims for 75,536 files in the first half of this year, 36% more compared to the same period of 2010, the company said more
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Prison Guards Call On Govement To Approve Bill On Damages For Risky Work Conditions
08.03.2011
The Romanian Federation of Penitentiary Administration Unions (FSANP) called on the Government to urgently approve a bill that sets damages to be paid to public servants working in the penitentiary more
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PAID Pays First Total Damage Claim For Mandatory Home Insurance Policy
08.02.2011
Romanian insurer PAID on Monday paid the first total damage claim for a building insured through a mandatory policy, worth EUR20,000, for a house in Avrig, Sibiu county, which was destroyed in a more
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Heavy Thunderstorms Affected 17 Romanian Counties, Caused Power Outages
07.21.2011
Over 80 localities in 17 Romanian counties were affected by the heavy rainstorms that occurred Wednesday and Thursday morning, which caused power outages, fell trees, caused fires and flooded more
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Cucumber, Tomato Producers Claim EUR1.46M In Damages From EU
06.28.2011
Farmers growing cucumbers and tomatoes have claimed EUR1.46 million from the European Commission to cover the losses they suffered because of E.coli infection cases reported throughout Europe, more