Romanian Insurer PAID's Portfolio Expected To Halve To 300,000 Policies By June 2012

02.28.2012 By Radu Bostan

The Romanian Pool of Insurance Against Natural Disasters (PAID) estimates it will administer around 300,000 mandatory home insurance policies by the middle of this year, down by half compared with June 2011, because of poor contract renewals and low sales of new policies.

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