Results 276 - 300 from 544 for "insurance"
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Insurance Brokerage Brings Good Profits
07.08.2014
Insurance brokers posted an aggregated net profit of 114 million lei (EUR26 million) last year, and the margins of the 15 largest of them ranged from as low as 3% to as much as 75% of the total more
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Insurance Market Declines 2.38% In January-April, To RON2.7B
07.03.2014
The Romanian insurance market declined 2.38% in January-April, reaching underwritings of RON2.699 billion (RON600 million), on the backdrop of a 0.97% drop in general insurance to RON2.18 billion and more
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Insurance Industry Ends Eighth Year In The Red With EUR100M Loss
07.01.2014
Insurance companies ended last year with a loss about 450 million lei (EUR100 million), 40% higher than in 2012. This is the eighth year in the red for the Romanian insurance industry, according to more
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Romanian Insurers' Association Celebrates 20 Years Since Inception
06.23.2014
The national association of Romanian insurers UNSAR has celebrated 20 years since inception at the end of last week on a market that has seen major foreign companies leave and huge scandals resulting more
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25% Of Auto Liability Insurance Claim Settlement Goes To Moral Damages
06.20.2014
Insurance companies settled claims for moral damages and personal injury under auto liability policies (RCA) worth 134 million lei (EUR30.5 million) in the first three months of 2014, or 25% of the more
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Romanian Insurers Boost Sales Of Policies in Foreign Markets
06.18.2014
Romanian insurance companies sold policies worth 112 million lei (EUR25 million) on foreign markets in the first three months of 2014, up 25% from the same period of last year, according to data more
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Pressure On Life Insurers Eases Up
06.17.2014
Life insurers’ clients canceled policies worth 92 million lei (EUR21 million) in January-March 2014, down 21% from the same period in 2013, according to data provided by the Financial Supervisory more
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Auto Liability Policies And Low Market Share Insurance See Growth In 1Q
06.16.2014
Financial loss insurance and auto liability insurance were among the insurance classes to see the highest growth in the volume of gross written premiums in January-March compared with the year-ago more
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ASF: Damage Claims Up 1%, Underwritten Premiums Down 3.4% In 1Q/2014
06.12.2014
Insurance companies in Romania paid damage claims of RON1.31 billion in the first three months of 2014, up 0.93% on the year, while revenues from underwritten premiums fell 3.4% to RON2.05 billion, more
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PAID Damage Claims In January-May Match Equal 75% Of 2013 Claims
06.03.2014
Romania’s Pool of Insurance against Natural Disasters (PAID), which issues mandatory home insurance, paid damage claims of RON358,380 in January-May, 75% of the total damage claims it paid more
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Large Insurers In Romania Sacked 1,500 Staff In 2013
06.03.2014
The seven largest insurers in Romania cut the number of employees by 15% last year, keeping only 9,000, which shows the restructuring process has picked up speed after five years of significant sales 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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Vienna Insurance Group Switches To Profit In Romania In 1Q
05.27.2014
Vienna Insurance Group (VIG) reported a net profit of EUR611,000 in Romania in the first quarter of the year, from EUR5.3 million loss in the corresponding period a year earlier, the company said more
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Law On Setting Up Body Of Experts To Evaluate Car Damages Would Trigger Higher RCA Tariffs
05.26.2014
The adopting of a draft law on setting up a body of technical experts for the evaluation of car damages might trigger the increase of the tarrifs for mandatory car insurance policies (RCA), and a more more
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One Third of Romanian Insurance Market Under Heavy Scrutiny
05.19.2014
Three companies holding over 30% of the insurance market are going through rough times. more
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Allianz Underwrote EUR58M Gross Premiums On General Insurance In Romania In 1Q/2014
05.14.2014
German insurance group Allianz Wednesday said it underwrote gross premiums on the general insurance segment of EUR58 million in Romania in the first quarter of 2014, up 5.5% from EUR55 million in the more
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VIG Won't Join PAID As Long As Its Reinsurance Is Inadequate
05.13.2014
Vienna Insurance Group's Romanian businesses will not join the country's Pool of Insurance against Natural Disasters (PAID), which sells mandatory home insurance, as long as its portfolio is more
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Vienna Insurance Group Seeks To Become Profitable In Romania This Year
05.13.2014
Vienna Insurance Group (VIG) expects its Romanian operations to turn a profit at the end of this year, following losses of EUR98.7 million in 2013, by adjusting its car insurance premiums to match more
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Online Computer And Electronics Retailer Cel.ro Expects EUR40M Sales In 2014
05.12.2014
Corsar Online, the company behind cel.ro, one of the largest computer and electronics retailers in Romania, expects a 60% surge in sales to EUR40 million this year, after adding mandatory car more
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Six Government Institutions Fail To Agree On Actual Staff Number In Romania
05.12.2014
Confusion as to how many employees there are in Romania increased at the end of last week after a report of the National Trade Union Bloc, one of the most powerful trade union organizations in the more
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Car And Home Insurance Premiums Seen Rising In Upcoming Period
05.09.2014
Premiums on mandatory car insurance RCA and mandatory home insurance could get more expensive in the upcoming period as insurance companies don't have enough resources to cover damage claims, said more
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Provisional Data: Romania’s Insurance Market Up 1.8% In First Two Months, At RON1.39B
04.16.2014
Romania’s life and non-life (general) insurance underwritten premiums reached 1.39 billion lei (EUR0.31 billion) in the first two months of 2014, up 1.8% from the year-earlier period, according to more
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Volume Of Guaranteed Deposits Fell By RON2B In 1Q/2014
04.16.2014
Households and companies in Romania held banking deposits guaranteed through the domestic depositor insurance scheme worth the equivalent of 159 billion lei (around EUR35 billion), namely a little more
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Transgaz to Pay EUR4.9M To BCR Asigurari de Viata For Employees' Health Insurance
04.03.2014
BCR Asigurari de Viata will provide health insurance services for the 5,000 employees of Romanian natural gas pipeline operator Transgaz Medias (TGN.RO) for the next for years, under a EUR4.94 more
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SMEs In Romania Recover Below 2% Of Money Owed By Insolvent Clients
03.25.2014
Small and medium-sized enterprises (SMEs) in Romania recover below 2% of the money owed by their insolvent clients and it can take more than two years to recover the money, according to credit more