02.16.2022

Romania’s auto liability insurance policies (RCA) market reached a record level of gross premiums underwritten in 2021, of RON5.93 billion, the biggest increase of the last 11 years, of 49.4% versus more

10.18.2021

Romania’s insurers at the end of 1H 2010 had over 17 million insurance contracts in their portfolios, up 8% from the year-earlier period, in line with a report by the Financial Supervisory Authority more

07.25.2017

Online retailer evoMAG on Tuesday said it entered the insurance market and expects to sell 10,000 insurance policies within a year. At first, the retailer will put at clients’ disposal automobile more

04.11.2017

City Insurance, the third largest insurer on the local automobile liability insurance (RCA) market, with underwritten gross premiums of RON650 million in 2016, will be subject to resolution measures more

03.28.2017

CEL.ro, the online store administered by Corsar Online, on Tuesday said it has put at clients’ disposal, as of March, a platform for calculating and issuing mandatory car insurance policies RCA, more

03.07.2017

Euro Insurance DAC (LeasePlan Insurance), part of Irish group LeasePlan Corporation, was authorized by Romania’s Financial Supervisory Authority (ASF) to sell automobile liability insurance (RCA) on more

02.28.2017

The market of automobile liability insurance (RCA) rose 5% last year, reaching a record level of 4,983,409 contracts, according to official data provided by the Financial Supervisory Authority (ASF). more

10.04.2016

Agil Trans, a road freight carrier in Romania, is now paying 22,000 lei (almost EUR5,000) auto liability insurance (RCA) per 16-ton vehicle, over seven times higher than the RON3,000 it used to pay more

08.03.2016

Romanian insurance market rose over 9% on the year in January-March, to RON2.4 billion, according to official data provided by the Financial Supervisory Authority (ASF). more

03.11.2015

The insurance market needs a capital inflow of one billion lei (EUR225 million) this year, inclusively for the capital increases at Astra and Carpatica Asig, after RON600 million were injected in more

09.16.2014

Carpatica Asig, Euroins and City Insurance lead in the ranking of insurers banking on brokerages for the distribution of their policies, with around 90% of premiums being generated through this more

02.15.2013

Major insurers felt to a lesser extent the effects of the crisis in 2012 after three years when their businesses plummeted, but few companies managed to boost their sales on segments other than more

12.04.2012

The average annualized premium on the mandatory car insurance (RCA) segment stood at 455 lei (EUR100) in the first nine months of 2012, down 4% from RON472 in the same interval a year ago, according 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

10.20.2011

Euroins, Carpatica Asigurari and Astra had the highest number of dissatisfied customers, with complaints sent to the Insurance Supervisory Commission (CSA) exceeding 3,000 in the first nine months of more

09.15.2011

Hundreds of thousands of euros in claims settled for car accidents tend to become the norm, as Romanians become aware that a simple RCA policy (auto liability insurance) does not cover only damage more

06.28.2011

Around 750,000 car owners are preparing to renew next month the auto liability insurance policies (RCA) they signed for a six-month period during the winter campaign, so that many insurers are further more

06.02.2011

The ten biggest general insurers transferred premiums worth 358 million lei (around EUR85 million) to reinsurers in the first quarter of 2011, up 56% from a year ago. more