Eurohold’s Reinsurance Unit EIG Re will keep and protect the assets of Euroins Romania
Monday, March 20, 2023
With reference to the decision of the Romanian financial regulator ASF to seize the Euroins Romania (part of Eurohold Bulgaria’s insurance Euroins Insurance Group) by revoking the operating license and the opening of bankruptcy proceedings and the appointment of the Insured Guarantee Fund (FGA) as interim administrator of the company, we consider this as a hostile takeover of the assets of the Romanian subsidiary, therefore the management of the ...