Insurance and private pensions markets... in 2,000 editions...
For nearly 2,000 mornings, XPRIMM Stiri (the Romanian version of XPRIMM
News) is writing, page by page, the insurance market history... We were,
in our 7 years of existence, witnesses of spectacular
growths of the profile companies' businesses, live sensational acquisition
processes, we watched spectacular careers, we commented the effects of
various legislative changes... Together... We, the XPRIMM editorial team
and You, the over 13,000 subscribers.
In 2002, when the first Edition of our Newsletter saw the light of day,
the 52 insurance companies were struggling to overcome, cumulated, the
threshold of USD 500 million in volume of business. Today, the annual underwritings
of the market leader alone pass that threshold...
At least 5 insurance companies went bankrupt or had serious solvency problems
in 2002... Now, in 2009, despite economic conditions, insurers are sufficiently
strong to cope with any challenge...
One of the first news published in April 2002 in XPRIMM Stiri was related
to the imminent introduction of mandatory household insurance... 7 years
later... the discussions are still continuing.
So, XPRIMM Stiri has increased once with the market, and for us there is
no greater joy than to hear about a piece of information: "It must
be true, I read in XPRIMM".
Thank you for being with us every morning and we ensure you that together
we will write, many years from now, the history of insurance and private
pensions!
Author: Echipa Media XPRIMM
on 12.11.2009
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