http://insurance.1asig.ro/ insurance.1asig.ro - All about the Romanian Insurance Market en-us Fri, 30 Jul 2010 18:44:41 GMT insurance.1asig.ro asistent@1asig.ro (asistent@1asig.ro) 30 144 43 http://insurance.1asig.ro/ http://insurance.1asig.ro/images/logo.gif http://insurance.1asig.ro/PAID-begins-issuing-mandatory-household-insurance-policies-article-2,3,100-30362.htm After several postponements of the deadline for implementation of mandatory household insurance, members of the Pool of Insurance Against Natural Disasters (PAID) will underwrite today, July 15, 2010, the first policies. On this occasion, PAID held today a press conference at Hotel INTERCONTINENTAL. Wed, 14 Jul 2010 21:00:00 GMT http://insurance.1asig.ro/PAID-begins-issuing-mandatory-household-insurance-policies-article-2,3,100-30362.htm http://insurance.1asig.ro/84-of-Romanians-will-buy-a-household-insurance-policy-article-2,3,100-30363.htm Romanians perceive the importance of household insurance, but low living standards keep them from saving too many financial resources for these financial products. Here's one conclusion of a recent survey of IRES - Romanian Institute for Assessment and Strategy, after floodings from the last period. Tue, 13 Jul 2010 21:00:00 GMT http://insurance.1asig.ro/84-of-Romanians-will-buy-a-household-insurance-policy-article-2,3,100-30363.htm http://insurance.1asig.ro/VAT-increase-will-affect-all-companies-in-terms-of-profitability-article-2,3,100-30364.htm "Supposing the insurance rates remain unchanged, the costs of claims files, which will be the first ones affected in the context of the VAT hike, will have a negative impact on the claims rate", insurers say. "For sure, the VAT increase will negatively influence all insurance companies in the Romanian market in terms of profitability", said James GRINDLEY, Deputy General Manager, CERTASIG. Mon, 12 Jul 2010 21:00:00 GMT http://insurance.1asig.ro/VAT-increase-will-affect-all-companies-in-terms-of-profitability-article-2,3,100-30364.htm http://insurance.1asig.ro/Plus-10-to-the-business-of-ALICO-Romania-in-the-first-four-months-article-2,3,100-30355.htm ALICO Asigurari Romania, until December 2009 known as AIG Life, recorded in January-April an increase of 26% of gross written premiums from accident and illness insurance, respectively one of 25% of those underwritten from health insurance, the insurer said. These results came in the context of the concern of ALICO Romania to meet the segments of clients with specific needs and regarding the way of developing the products launched individually or in partnerships. Thu, 08 Jul 2010 21:00:00 GMT http://insurance.1asig.ro/Plus-10-to-the-business-of-ALICO-Romania-in-the-first-four-months-article-2,3,100-30355.htm http://insurance.1asig.ro/VIDEO-Exclusive-KOLLER-CEA-the-insurance-industry-has-been-a-stabilizer-in-a-very-uncertain-environment-article-2,3,100-30361.htm The insurance industry has been, to a certain extent, a stabilizer in a very uncertain environment. This does however not necessarily help the industry, in the sense that we are not completely insulated from any legislative activity. There is of course a lot of legislative activity, not just at European level, but also at international level, and in that respect we will also feel the crisis, beyond the economic impact", Michaela KOLLER, Director General CEA (The European Insurers and Reinsurers Federation), has said in an exclusive interview for PRIMM Insurance & Pensions Magazine. Thu, 08 Jul 2010 21:00:00 GMT http://insurance.1asig.ro/VIDEO-Exclusive-KOLLER-CEA-the-insurance-industry-has-been-a-stabilizer-in-a-very-uncertain-environment-article-2,3,100-30361.htm http://insurance.1asig.ro/Exclusive-Nic-de-MAESSCHALCK-BIPAR-In-times-of-crisis-added-value-is-even-more-important-than-price-article-2,3,100-30354.htm "It is in these times of crisis that added value is even more important than price, while competition plays a bigger role on the quality of the services", Nic de MAESSCHALCK, Director, BIPAR has said in an exclusive interview for PRIMM Insurance & Pensions Magazine. Tue, 06 Jul 2010 21:00:00 GMT http://insurance.1asig.ro/Exclusive-Nic-de-MAESSCHALCK-BIPAR-In-times-of-crisis-added-value-is-even-more-important-than-price-article-2,3,100-30354.htm http://insurance.1asig.ro/OMNIASIG-Asigurari-de-Viata-acquisition-by-AXA-completed-article-2,3,100-30356.htm AXA announced on the 7th of July, that the acquisition of the company OMNIASIG Asigurari de Viata by the Group AXA has been successfully completed. By this operation, AXA becomes 100% shareholder of OMNIASIG Asigurari de Viata. Shortly, the recording of the transaction by local authorities will take place. Tue, 06 Jul 2010 21:00:00 GMT http://insurance.1asig.ro/OMNIASIG-Asigurari-de-Viata-acquisition-by-AXA-completed-article-2,3,100-30356.htm http://insurance.1asig.ro/Dragos-CIOCAN-is-the-new-Reinsurance-Manager-of-the-company-CARE-article-2,3,100-30358.htm Dragos CIOCAN was appointed Reinsurance Manager of the company CARE - Insurance - Reinsurance Company EXIM, owned by EXIMBANK. Tue, 06 Jul 2010 21:00:00 GMT http://insurance.1asig.ro/Dragos-CIOCAN-is-the-new-Reinsurance-Manager-of-the-company-CARE-article-2,3,100-30358.htm http://insurance.1asig.ro/Marius-BULUGEA-PAID-will-underwrite-exclusively-online-article-2,3,100-30357.htm The Pool of Insurance Against Natural Disasters (PAID) will issue the policies only electronically, on the MTPL insurance model. "Companies that do not have an online underwritings system in the territory will be able to conclude these policies at the insurers' offices in county capitals", said Marius BULUGEA, President of PAID. Mon, 05 Jul 2010 21:00:00 GMT http://insurance.1asig.ro/Marius-BULUGEA-PAID-will-underwrite-exclusively-online-article-2,3,100-30357.htm http://insurance.1asig.ro/MTPL-clients-of-UNIQA-Asigurari-will-not-be-affected-by-the-VAT-increase-article-2,3,100-30359.htm UNIQA Asigurari has decided not to increase MTPL tarrifs in this period, due to increased VAT, but to maintain them at the existing level, to encourage buying insurance as the only way of protection in case of risks. Thu, 01 Jul 2010 21:00:00 GMT http://insurance.1asig.ro/MTPL-clients-of-UNIQA-Asigurari-will-not-be-affected-by-the-VAT-increase-article-2,3,100-30359.htm http://insurance.1asig.ro/Average-compensation-paid-by-FPVS-in-Q1-doubled-compared-to-December-2009-article-2,3,100-30360.htm If in 2009 the average compensation paid by FPVS - Street Victims Protection Fund was RON 10,437, in the first quarter of this year it has doubled compared with the level of last December, to RON 20,455, and has increased more than twice compared to the one registered in the correspondent period of 2009, of RON 9,500. Also, the Fund has budgeted RON 7 million for compensation for the year 2010, given that the total volume of paid claims in 2009 was RON 3.17 million, for a total of 304 people, according to statements made by General Director of FPVS, Sorin GRECEANU, in a seminar organized recently by UNSAR. Thu, 01 Jul 2010 21:00:00 GMT http://insurance.1asig.ro/Average-compensation-paid-by-FPVS-in-Q1-doubled-compared-to-December-2009-article-2,3,100-30360.htm