PAID Sold 724,000 Mandatory Home Insurance Policies In 12 Months

07.18.2011 By Radu Bostan

Romanian insurer PAID sold 723,735 mandatory home insurance policies from July 15, 2010 until Friday, for 8.63% of the homes in the country, way below expectations, and paid damages for 16 claims, amounting to 87,375.64 lei (almost EUR20,500).

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