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INSURANCE
Euroins exits the financial recovery procedure
The Financial Supervisory Authority (ASF)'s Board decided to close the plan-based financial recovery procedure of…
Irish Euro Insurance DAC to enter Romanian MTPL market
The Financial Supervisory Authority (ASF) gave green light to a notification from the Central Bank of Ireland about…
ASF: MTPL market in Romania, up by 30 pc in 2016
The motor third party liability (RCA) insurance market continued to increase in the fourth quarter of 2016,…
Bulgarian DallBogg to officially enter the Romanian MTPL market
Bulgaria-based insurance company DallBogg got the authorization to sell MTPL (RCA) to Romanian drivers, the…
The number of compulsory insured houses reached 1.69 million in January
The number of active policy of mandatory home insurance (PAD) grew by 6.13 percent, reaching to 1.691 million on …
A Romanian to run NN Group’s activities in Turkey
As of April 1, Romanian-born Marius Popescu will be appointed Chief Executive Officer (CEO) of NN Group’s Turkish…
ASF warns: Investment funds risk losses of almost RON 1 bn. See in which…
Following the stress tests conducted by the Financial Supervisory Authority (ASF), Romanian investment funds risk…
Euroins Romania acquires the non-life portfolio of ATE Insurance local subsidiary
Euroins Romania Insurance-Reinsurance SA, part of Bulgaria-based Euroins Insurance Group (EIG), has reached an…
Euroins Romania got RON 100 M for the last capital increase requested by ASF
The shareholders of Euroins Romania Insurance-Reinsurance SA, part of Bulgaria-based Euroins Insurance Group (EIG),…
VIG’s gross written premiums in Romania, up by 30.3 pc at end-Q3
Vienna Insurance Group (VIG) subsidiaries recorded good gross written premiums growth in many markets after the…