07.03.2023

Romania's third-party liability insurance RCA seems to be entering a downward trend after seeing significant increases both at the level of the entire segment and at the level of each company that more

11.24.2022

Euroins Romania, leader of the local third-party motor vehicle insurance (RCA) market, continues to hold the top spot at the end of the first nine months of 2022, with a 31% market share, a level more

09.29.2022

The auto liability insurance policies (RCA) market reached RON4.25 billion in the first half of 2022, up 89% from the same period in 2021, a record high compared to the first half of the last five more

02.16.2022

Romania’s auto liability insurance policies (RCA) market reached a record level of gross premiums underwritten in 2021, of RON5.93 billion, the biggest increase of the last 11 years, of 49.4% versus more

10.18.2021

Romania’s insurers at the end of 1H 2010 had over 17 million insurance contracts in their portfolios, up 8% from the year-earlier period, in line with a report by the Financial Supervisory Authority more

10.15.2021

French-owned Axeria, headquartered in Lyon, plans to enter Romania’s RCA (auto liability insurance) market. more

03.25.2019

The ranking of the companies selling mandatory auto liability insurance policies (RCA) has undergone significant changes in the past decade, with many of those with hefty market share in 2009 now a more

07.25.2017

Online retailer evoMAG on Tuesday said it entered the insurance market and expects to sell 10,000 insurance policies within a year. At first, the retailer will put at clients’ disposal automobile more

05.10.2017

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04.11.2017

City Insurance, the third largest insurer on the local automobile liability insurance (RCA) market, with underwritten gross premiums of RON650 million in 2016, will be subject to resolution measures more

03.28.2017

CEL.ro, the online store administered by Corsar Online, on Tuesday said it has put at clients’ disposal, as of March, a platform for calculating and issuing mandatory car insurance policies RCA, more

03.07.2017

Euro Insurance DAC (LeasePlan Insurance), part of Irish group LeasePlan Corporation, was authorized by Romania’s Financial Supervisory Authority (ASF) to sell automobile liability insurance (RCA) on more

02.28.2017

The market of automobile liability insurance (RCA) rose 5% last year, reaching a record level of 4,983,409 contracts, according to official data provided by the Financial Supervisory Authority (ASF). more

02.27.2017

Bulgarian insurance company Dallbogg was authorized by Romania’s Financial Supervisory Authority (ASF) to sell civil liability car insurance (RCA) on the Romanian market. more

01.18.2017

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10.28.2016

Grawe Romania, part of Austrian group Grawe, has decided to postpone the actual sale of mandatory car insurance policies (RCA) on the local market until the end of November 2016, following the more

10.27.2016

Competition Council warns that the market of civil liability car insurance policies (RCA) is characterized by oligopolistic aspects, allowing certain insurance companies to refuse clients with high more

10.04.2016

Agil Trans, a road freight carrier in Romania, is now paying 22,000 lei (almost EUR5,000) auto liability insurance (RCA) per 16-ton vehicle, over seven times higher than the RON3,000 it used to pay more

09.14.2016

The Romanian Government has approved on Wednesday an emergency ordinance regarding mandatory car insurance policies (RCA) under the form and with the provisions announced by Prime Minister Dacian more

09.02.2016

Romania’s Government plans to amend the law regulating the mandatory car insurance policies (RCA) through an emergency ordinance, but it will also keep the propositions made by employers’ more

08.31.2016

Grawe Romania, part of Austrian group Grawe, was licensed by the Financial Supervisory Authority (ASF) to sell mandatory car insurance policies (RCA) and voluntary car insurance (Casco). more

08.23.2016

Premiums underwritten on the segment of mandatory car insurance policies (RCA) rose 33% on the year to over RON2 billion in the first six months of 2016, according to Romania’s Financial Supervisory more

08.03.2016

Romanian insurance market rose over 9% on the year in January-March, to RON2.4 billion, according to official data provided by the Financial Supervisory Authority (ASF). more

05.29.2016

Insurers Asirom and Omniasig, the two local companies of Austria’s Vienna Insurance Group (VIG) have an overall market share of approximately 40% on the civil liability car insurance policies (RCA) more

05.26.2016

The average premium for civil liability car insurance policies RCA concluded for utility vehicles and trucks, for a 12-month period, remained unchanged in April 2016 compared with a month earlier, more