UNSAR: Extending capping of mandatory civil liability car insurance puts huge pressure on insurers

Extending the capping of the mandatory civil liability car insurance (RCA) puts huge pressure on insurers, increasing the risk of other players leaving a market that has only six companies authorized and regulated in Romania and another two operating under the European passport, say representatives of the National Association of Insurance and Reinsurance Companies in Romania (UNSAR).According to a press release issued by the organisation, any potential exit from the market ...

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