insurers
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Insurers avoid unemployment policies: risk has become a certainty
Employees cannot conclude individual unemployment policies at present, because insurers are no longer interested in this market segment, in the context where the risk insured against has bas...
Insurers try to build customer base before mandatory home insurance start
Several insurers have embarked upon extensive campaigns for the sale of voluntary home insurance over the past month, so that they may have a considerable client base at the moment mandatory...
Most insurers post higher nine-month profit despite business decline
Renegotiation of rents for the office network and cancellation of investment plans for this year have pushed insurers’ profits up, even though the crisis has seriously hurt policy sales. W...
Insurers get 420m euros from shareholders in a crisis year
Insurance companies on the Romanian market received from their shareholders almost 420 million euros in the first year of crisis, i.e. in the September 2008 - September 2009 period, accordin...
Insurers holding a “European passport” post 4.7m-euro business
Romanian subsidiaries of European insurers that sell policies based on the right of establishment, posted business worth 4.7 million euros (19.5 million RON) in the first half of the year, a...
CSA: Insurers are sitting on 2.67bn-euro reserves
Romanian insurers are sitting on a cash pile, almost 3bn euros, namely technical reserves, in the context where almost all companies are suffering not only from falling sales and incomes, bu...
Insurers are preparing for first year of decline
Insurers could see the first market decline this year after last year the sector saw uninterrupted, two-digit growth, and attracted over one billion euros in investments from foreign financi...
Application of pillar II to healthcare system, a potential 700 million-euro business for insurers
The establishment of private health insurance funds would create a 10 million-client market for insurers, double the market of private pensions.
Astra ends year with 175-180m-euro business
Astra Asigurari, one of the top ten insurers on the Romanian market, ended last year with turnover worth 175-180 million euros, according to company estimates, i.e. an around 60% increase in...