policy
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ING Asigurari: New policy sales will stagnate
New life insurance sales will remain at last year's level on the Romanian market, but the share of unit-linked policies, i.e. of insurance linked to investment funds, will see a decline, according to estimates made by ING Asigurari de Viata, the largest compan...
ING Asigurari: Policy cancellations are down to under 1%
ING Asigurari, the largest player on the Romanian life insurance market, recorded a decline in the number of clients that drop out of their life insurance contracts before due date.
Monetary policy interest rates stay put
The main central banks in Central and Eastern Europe and the European Central Bank have preserved interest rates at the latest round of monetary policy meetings, with the NBR (National Bank...
Unit-linked policy holders see 45% losses
Unit-linked insurance has registered declines of as high as 45% since the start of the year, mainly in the wake of financial turmoil.
Lucian Anghel: "Monetary policy is quite restrictive"
The monetary policy is quite restrictive, and the foreign analysts stating the contrary are not considering the impact of the mandatory minimal reserves, says Lucian Anghel (photo), chief ec...
NBR ups monetary policy rate again, to 9.75%
NBR has paved the way for new rises in interest rates for RON deposits and loans after it raised the monetary policy rate for a fifth time yesterday, to 9.75%, which surprised many analysts....
NBR raises monetary policy rate to 9%
The National Bank is pushing for an increase in the cost of lending in RON by increasing the key rate by 1%, from 8% to 9%. This is more than the market expected and reflects NBR's fears of...
Insurance policy for TAROM damaged aircraft: $10m
"On January 2 and 3, the representatives of Britain's Air Claims Service, an aviation claim assessment and settlement firm appointed by the reinsurance company, conducted, together with Astr...
Foreign Policy: Romania a coborat pe locul 36, in privinta gradului de globalizare
Romania a coborat in acest an sase pozitii, pe locul 36, intr-un clasament referitor la gradul de globalizare, realizat de revista americana Foreign Policy, care include 72 de state, informe...