Help

BI’s Article search uses Boolean search capabilities. If you are not familiar with these principles, here are some quick tips.

To search specifically for more than one word, put the search term in quotation marks. For example, “workers compensation”. This will limit your search to that combination of words.

To search for a combination of terms, use quotations and the & symbol. For example, “hurricane” & “loss”.

International

Romania: Regulator to open financial recovery procedure for insurer Carpatica Asig

May 20, 2014 Reprints

The Romanian Financial Supervision Authority is to open the financial recovery procedure for Romanian insurer S.C. Carpatica Asig S.A. to address its financial situation, Romania-Insider reported.

The insurer has to prepare and submit a financial recovery plan within 20 days of receiving the financial regulator's decision.

Meanwhile, data from the financial regulator revealed that the Romanian insurance market's gross premiums amounted to €1.87 billion ($2.56 billion) in 2013.

Help

Romania: Regulator to open financial recovery procedure for insurer Carpatica Asig

Readers Poll

Most Read in International

Sign up now for free access to this article and much more.

If you are already registered with Business Insurance, click here to Login

Please tell us a bit more about yourself in order to continue

About

Advertise

Reprints and Licensing

Resources