Results 1 - 19 from 19 for "car insurance"
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Insurer Asirom Introduces AI in Damage Assessments for Car Insurance Policies
03.09.2021
Asirom, the second largest local insurer in the portfolio of Vienna Insurance Group (VIG), has introduced artificial intelligence in the damage assessment system n the underwriting process for the more
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Antitrust Body Fines Insurers Association, Nine Insurance Companies EUR53M
12.04.2018
Romania's antitrust body has fined nine insurance companies and the local association of insurance companies UNSAR a total of RON246.7 million (EUR53 million) for breaking national and European more
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Financial Watchdog Tightens Rules For Insurers Selling Mandatory Car Policies
07.30.2014
Insurers that issue mandatory civil liability car insurance (RCA policies) will have to meet a certain level of solvency for their general insurance activity and will be forced to list brokerage more
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Asirom To Insure Posta Romana Fleet For RON429,000, Half The Estimated Price
06.02.2014
Insurer Asirom will provide mandatory car insurance (RCA) for the 606-vehicle fleet of state-owned postal operator Posta Romana, for RON428,681, nearly 55% lower than the postal operator had more
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Romanian Antitrust Watchdog Looks Into Local Car Insurance Market
01.28.2014
Romania’s antitrust watchdog has started an investigation into the local car insurance market. more
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RCA Premiums Higher In First 9 Months, Mainly Due To Increased Tariffs
11.21.2013
Premiums underwritten on the segment of mandatory car insurance policies (RCA) rose 16% to 1.756 billion lei (EUR0.3 billion) in the first nine months of 2013, largely due to higher tariffs charged by more
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Asirom Wants To Grow Less Reliant On Car Insurance
10.25.2013
Asirom, a top ten insurer, wants to balance its portfolio by growing less reliant on auto liability policies and emphasizing more profitable segments such as home or life insurance policies,” says more
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Where Romanians Insure Their Houses And Cars
09.13.2013
Romanian-held Astra leads the ranking of insurers that get the largest revenues from property policies, with gross underwritten premiums of 177 million lei (EUR40 million) in the first six months of more
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E.ON Gaz Distributie Wants To Insure Car Fleet For RON13.6M
08.23.2013
E.ON Gaz Distributie, a Romanian unit of German utility E.ON, will organize an auction on September 12 to insure its 1,200 vehicles, and the value of the contract, to be valid for four years, is more
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Dumping Can No Longer Help Insurers In Romania – CSA Official
04.10.2013
Price-based strategies promoted by insurance companies in Romania will fail considering that indemnities paid by insurers exceed underwritten premiums, Dan Constantinescu, representative of insurance more
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Insurers To Contribute 1% of RCA Underwritten Premiums To Road Accident Fund
02.08.2013
Romanian insurers which sell mandatory car insurance policies RCA will transfer 1% of gross underwritten premiums on this segment to the fund protecting the victims of road accidents, according to an more
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CSA: Insurers Must Ensure RCA Premiums Will Cover Both Risks, Profit Margin
01.23.2013
Insurers in Romania will rethink mandatory car insurance (RCA) policy prices so as to make sure that revenues estimated for an interval of 12 months will cover risks, costs and their profit margin, more
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Average Annualized Premium On RCA Segment Down 4% In January-September
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
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Insurance Regulator Wants RCA Premiums To Cover Both Risks, Profit Margin
11.23.2012
Romanian insurance companies will rethink mandatory car insurance policy (RCA) premiums to make sure that revenues estimated for an interval of 12 months will cover both risks and insurers' profit more
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Average RCA Premium Fell 3% In 1H To RON444
10.03.2012
The average premium for mandatory car insurance policies stood at 444 lei (EUR98) in the first six months of the year, down 3% compared with the similar interval a year ago, and the average damages more
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Not-At-Fault Divers Involved In Car Accidents To Receive Damages From Their Own Insurers
10.03.2012
Drivers involved in non-fault car accidents will receive damages from the insurers that issued their mandatory car insurance (RCA) policy instead of claiming damages from the insurer of the party at more
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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
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Insurers Pay Hundreds Of Thousands Of Euros In Damages To Car Accident Victims
11.01.2011
The cases in which insurers pay damages of several hundred thousand euros to victims of car accidents are increasingly frequent as Romanians become aware of the fact that a simple auto liability (RCA) more
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Leader On Mandatory Car Insurance Misses First Five Spots On CASCO Segment
10.24.2011
Insurer Astra, controlled by businessman Dan Adamescu, is Romanian market's leader on revenue from underwritten premiums on the home insurance and mandatory car insurance RCA segments, but is not more