Sursa foto: ASF
The Romanian insurance market had a weight of 2.3% of the Gross Domestic Product (GDP) in 2020, and the first gross premiums have gone up to 11.5 billion RON, rising by 5% from 2019, announced on Thursday, during a specialty conference, Nicu Marcu, the chairman of the the Financial Supervisory Authority (ASF), according to AGERPRES. The Romanian insurance market has gone up in a not so high percentage, but it has gone up to 2.3% of the GDP, which is not very pleasing, because in Romania there is a pretty broad area which is not being used by insurance companies, by the citizens that must be ensured. Our intention is to raise this share of assets which are part of the insurance in the GDP. During the year 2020, the first gross premiums went up to 11.5 billion RON, raising by approximately 5% from the previous year. Also, general insurance registered their first gross premiums of 9.28 billion RON, rising by 6% from the year 2019, Marcu declared.
12 EXECUTIVES REMOVEDThe reorganization of the ASF - Camouflage for the execution of Claudia Sava and Florentina Boboc
MIHAI GONGOROI (Translated by Cosmin Ghidoveanu) >• The removal of the two directors with responsibilities in the supervision of the stock market comes on top of Ciprian Copariu, the former director of the Issuer Department and Răducu Petrescu, the former head of the Legal Department
• Last year, BURSA published tens of articles about the complicity of ASF workers in stock market manipulation
• Daniel Apostol, spokesperson of the ASF: We are still in full reorganization process
Twelve heads heads of department and services have so far lost their well paid jobs from the Financial Oversight Authority (ASF), during the term of Nicu Marcu, in the context of the reorganization of the institution. Some of them have left, some have already received are cushy positions, but that is the time for evaluations, and two of the iron ladies of the stock marke
Sursa foto: National
Drivers will be able to settle their damages with the insurance company where they concluded their own civil liability insurance (RCA) in the next period, and the Government is preparing, at the initiative of the Financial Supervisory Authority (ASF), an emergency ordinance in this regard, Nicu Marcu, the president of the Financial Supervision Authority, told AGERPRES in an interview.
He pointed out that this procedure, called direct settlement, had existed until now, but it was optional, yet with the change in legislation, this would become mandatory for the entire market. Thus, the drivers will be able to settle their damage immediately, and the insurance companies will further solve the problem between themselves.