insurance
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Insurance loses out to subscriptions on private medical services market
The boom of private clinics recorded over the last few years is attributed by some insurance companies to a fiscal loophole, which allows employers to spend unlimited amounts for employees,...
Ardaf decides: 164 employees at the most will leave company
Ardaf, a top ten insurance company with 100 million-euro losses over the last three years, has agreed with the trade unions to make 164 employees redundant, as opposed to the 200 originally...
Top ten life insurers after Q1
The first quarter was a difficult one for the life insurance market, with some companies witnessing declines, after years of ongoing sales growth.
Insurers receive 100m euros from shareholders in one month
Insurance companies received record-high capital injections in February, worth almost 100 million euros, according to data recently published by the National Trade Registry (ONRC).
Clal sells Romanian company
Israeli group Clal is discussing the sale of its Romanian insurance company just two years after entering the market because it no longer has the necessary funds to invest in its development...
Where is the cash? Insurers sit on 2.4bn euros
Insurance companies have come to be among the main sources of funding for the economy, as they hold a large part of their reserves in banks and in government securities.
Kindl, Uniqa: We have to significantly cut the share of motor insurance in Unita's portfolio
Austrian insurance group Uniqa injected 45 million euros in Unita after takeover, and is now preparing a rebranding of the insurer.
Claims settled for comprehensive and auto liability insurance exceed 1bn euros
Insurance companies settled overall claims (the sum does not exclude amounts paid by reinsurers) worth over 1.19 billion euros, i.e. half the value of gross underwritten premiums - 2.38 bill...
57,500-dollar premiums to insure one million dollar worth of Romanian bonds
The cost of insurance against the non-payment risk for bonds issued by the Romanian state has surged after Fitch's decision to downgrade its sovereign rating by two notches - coming close to...