claims
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Insurers less reliant on reinsurance in 2007
Insurance companies relied more on their own ability to settle claims than on reinsurance last year, after reinsurance premiums fell against 2006, according to data from the 2007 report of the Insurance Supervisory Commission.
Insurance claims outpace premiums in Q1
Claims settled by domestic insurers continued to rise faster than gross underwritten premiums in the first quarter of this year, according to Insurance Supervision Commission (CSA) data. Whi...
Claims grow faster than premiums for 4th year
The gross claims settled by insurance companies last year went beyond 1bn euros for the first time, up 35% (in euros) from 2006. Also, turnover on the insurance market in 2007 advanced by a...
BT Asigurari: double claims and 44% higher turnover in H1
BT Asigurari registered turnover worth 132.3m RON (almost 40m euros) in the first half of this year, up 44% against the first six months of last year. In the same period, claims settled by t...
Ardaf sees more claims settled than underwritten
Insurance company Ardaf, which was taken over at the beginning of 2007 by the Czech financial group PPF, has settled claims worth 50.7 million RON (15 million euros) in the first three month...
Comprehensive insurance claims hurt Allianz-Tiriac profit
Comprehensive insurance claims hurt Allianz-Tiriac profit
Auto insurance claims eat into Allianz-Tiriac's profit
Allianz-Tiriac, the leader of the insurance market ended the first six months with an operating income derived from general insurance to the tune of 4 million euros, which is half the profit...
Alpha Bank claims 3.3-3.5% market share
Alpha Bank claims 3.3-3.5% market share
Govt. to set aside E50m to cover claims against Petrom
Govt. to set aside E50m to cover claims against Petrom