Articles in category Financial Services (Insurance)
The market leader on the auto insurance segment, Allianz-Tiriac, introduced
a new system for calculating policy costs. The premium is established not
only by taking into account the...
The life insurance contracts signed in Romania are gradually replacing
premium products (house and car insurance), the middle-class clients being
aware of their usefulness. In the opinion...
Insurance company Ardaf Cluj-Napoca was back on the stock exchange, after
trading was suspended on Wednesday, only to lose 25 percent of it list
price. Over 42,000 shares...
ARDAF shareholders will have to contribute 30.9 million euros to the share
capital of the insurance company by September 30 this year, according to a
decision of the...
The World Bank is against the governmental draft of launching a compulsory
home insurance against natural hazards, under the form presented by the
government, stated on Wednesday general...
The Commission for Insurance Supervision (CSA) has placed Ardaf Cluj under
special administration, deciding to withdraw its support for the members of
the Board of Directors, and turning...
Insurance company Allianz-Tiriac posted underwritten gross premiums worth
128 million euros in the first five months, an increase of 37% from the same
period in 2005, with the...
The Ministry of Administration and Interior prepares a draft law according
to which homeinsurance will become compulsory starting next year, according
to ACT Media news agency reports.Homeinsurance could...
The Insurance Monitoring Commission (CSA) placed the insurance company Ardaf
Cluj-Napoca under special administration yesterday, deciding that the
company's management has endangered the possibility of honoring obligations
...
Romania's general insurance market will reach 1.44 billion euros, up some
20% versus 2005, when it totaled 1.2 billion euros. According to the estimates presented in annual report of...

