Fraud Causes Romanian Insurers To Lose Up To EUR150M/Year - Association

10.24.2013 By Ioana Tudor

Insurers in Romania lose about EUR150 million annually, or 10% of the value of underwritten premiums, because of fraud, Bogdan Andriescu, head of national association of brokers UNSICAR, said Thursday.

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Keywords:
INSURANCE
, FRAUD
, LOSS