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Results 426 - 450 from 548 for "insurance"

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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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • Government Wants To Recover RON300M From City Halls Run By Democrat Liberals

    05.13.2012

    Romania’s Government wants to recover the money allotted by the former administration to local authorities controlled by democrat liberals, and limit acquisition and travel costs to ensure the money more

  • Generali Settles For 5% Market Share In Romania Only To Return To Profit

    04.30.2012

    Generali, one of the world’s largest insurers, which owns a top ten company on the Romanian market, says the local insurance sector is not in a very comfortable situation right now because of the more

  • PAID Shareholders Want To Issue Mandatory Home Insurance Policies Themselves

    04.27.2012

    The new strategy of Romania's Pool of Insurance Against Disasters (PAID) is to raise the premium for mandatory home insurance and allow only PAID shareholders to sell such policies. more

  • Major Insurers Laid Off 8% Of Their Staff Last Year

    04.24.2012

    Five of the top ten companies on the insurance market cut the number of employees by 8% last year, as the industry as a whole continued to restructure because of the significant business decline. more

  • Romania Might Need RON650M To Return Healthcare Contributions On Pensions Lower Than RON740

    04.23.2012

    The Romanian Government is analyzing the situation generated by a decision of the Constitutional Court, whereby only Romanians earning pensions higher than 740 lei (EUR169) can be charged a 5.5% more

  • MedLife Creates Broker To Sell Insurance

    04.23.2012

    MedLife, the largest private medical service operator on the local market, controlled by the Marcu family, is branching out into the private insurance market with MedLife Broker Asigurare Reasigurare. more

  • Romania Would Need EUR700M A Year To Double Doctors’ Wages

    03.29.2012

    Romania could increase funds allotted to healthcare by improving service quality and doctors’ revenues, but would need an annual EUR700 million to double doctors’ salaries, Lucian Duta, head of more

  • EUR84M Worth Of Life Insurance Contracts Cancelled By Policyholders Last Year

    03.28.2012

    Life insurance companies lost several tens of thousands of accounts last year, as they were closed by customers who needed the money after seeing their income shrink because of the difficult economic more

  • Stake Of Home Insurance “War”: Sales Are Much Higher Than Claims Settled

    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

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