insurance
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Auto liability insurance premiums to increase significantly in 2008
The premiums for auto liability insurance (RCA) will go up by over 55% for individuals and by 100% for companies in 2008, according to data published by 12 of the 16 insurers authorised to c...
Head of CSA warns about reserves of auto liability insurance sellers
The average value of claims for car accidents occurring abroad, caused by Romanian individuals or companies are at fault, is 3-4 times higher than within the country, therefore the insurance...
SocGen and Ergo enter life insurance market
Societe Generale and Ergo, two large financial groups at a European level, announced they would bring their insurance companies to Romania by the end of this year and the beginning of next y...
ING va cumpara 5,1% din actiunile diviziei sud-coreene ING Life Insurance
Grupul financiar olandez ING va cumpara o participatie de 5,1% la divizia de asigurari din Coreea de Sud, ING Life Insurance Korea, de la institutia locala de creditare Kookmin Bank, pentru...
ATE Insurance are interzis la asigurari de viata
Comisia de Supraveghere a Asigurarilor (CSA) i-a retras companiei ATE Insurance autorizatia pentru activitatea de asigurari de viata, deoarece asiguratorul nu a vandut nicio polita de acest...
Grupul KBC vrea sa preia integral liderul pietei bulgare a asigurarilor, DZI Insurance
Grupul belgian KBC, cu activitati in sectorul bancar si de asigurari, va lansa o oferta publica de preluare a 15% din titlurile DZI Insurance, urmand ca in urma acestei operatiuni sa devina...
Insurers: Too much red tape for mandatory home insurance
The government on Tuesday approved the law draft on mandatory home insurance, however, insurers are not happy with its current form, and believe it involves too much red tape. "The system is...
General insurance market: spectacular moves in H1
Three general insurance companies reported turnovers higher than 100m euros in the first half- Allianz-Tiriac, Omniasig and BCR Asigurari, in comparison with the same period last year when o...
Extinderea in Est majoreaza castigurile Vienna Insurance
Cea mai mare companie de asigurari austriaca, Vienna Insurance Group, a anuntat o crestere a profitului de peste 50% in al doilea trimestru pe fondul cresterii cererii de polite de asigurare...