insurers
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Insurers lose 241m euros on Stock Exchange in 2008
The four insurers listed on the Bucharest Stock Exchange (BSE), Agras, Asirom, Ardaf and Astra, lost over 240 million euros of their stock market capitalisation last year, three times more t...
Fierce fight on auto liability insurance market
The market of mandatory auto liability insurance for individuals, where competition between insurers is at its fiercest, exceeded 649.4 million RON (194.6 million euros) last year, according...
The most profitable insurers revealed
The highest profit rate on the Romanian insurance market, calculated as net earnings divided by gross underwritten premiums, was posted last year by ATE Insurance, a small company, according...
Biggest insurers on non-auto market
It is hard to envisage an insurance market without auto insurance policies, given that they account for 75% of the general insurance segment, and are the growth drivers of the majority of in...
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 t...
Head of Allianz-Tiriac: Insurers' losses will be at least as big as last year
The insurance market will see net losses at least similar to those recorded in 2007, worth almost 76 million euros, forecasts Cristian Constantinescu, general manager of Allianz-Tiriac, the...
Fight intensifies among top ranking insurers
Competition among the top two players on the insurance market became much tighter in the first six months of the year, amid a halving of the market share that separates the two companies. Wh...
Stock Exchange-listed insurers post severe losses in H1
Local insurers listed on the Bucharest Stock Exchange (BSE) saw drastic declines in the first half of the year. Agras, Asirom, Ardaf and Astra, the only insurance companies listed on the on...
Top insurers in terms of productivity
ING Asigurari de Viata, Generali and Asiban are the insurers that boasted the most productive employees in 2007, reveals a ZF survey conducted on the basis of data provided by the top ten in...