premiums
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Euroins: underwritten premiums worth 9.5m euros
Insurance company Euroins Romania (formerly Asitrans Asigurari) underwrote gross premiums worth 35.36 million RON in the first quarter of the year, up 26% compared with the same time last year. Fire and natural hazard insurance saw the highest increase, by 5
Insurance claims outpace premiums in Q1
Claims settled by domestic insurers continued to rise faster than gross underwritten premiums in the first quarter of this year, according to Insurance Supervision Commission (CSA) data. Whi...
Claims grow faster than premiums for 4th year
The gross claims settled by insurance companies last year went beyond 1bn euros for the first time, up 35% (in euros) from 2006. Also, turnover on the insurance market in 2007 advanced by a...
Asitrans: 20m-euro premiums in nine months
Asitrans Asigurari (Asitrans Insurance) posted gross underwritten premiums worth 66.6 million RON (slightly above 20 million euros) in the first nine months of the year, up 34% against the s...
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...
Aviva sees underwritten premiums increase by 29%
Aviva Grup Romanian insurance company, part of the British-based Aviva group, in the first half of this year registered 28.97% higher gross underwritten premiums, to around 10m euros (34.5m...
BCR Asigurari aims to double gross underwritten premiums
BCR Asigurari de Viata (BCR Life Insurance), a company which is part of the financial group built around the BCR, intends to handle gross underwritten premiums worth 100.8 million RON (28.6...
AIG close to 1m-euro profit, premiums down
AIG Romania general insurance company, part of AIG US group, has budgeted a volume of gross underwritten premiums of more than $30m (22.6 million euros) for this year. "This year, we plan to...
Astra-Uniqa budgets 140m-euro gross underwritten premiums
Astra-Uniqa insurance company estimates it will handle gross underwritten premiums worth 140 million euros this year, 63% more than the level seen in 2006. "The company's objectives for 2007...