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10:50, 18.01.2024

RCA third party liability policy to be set at reference rate for over-16t vehicles (employers' assn)

The management of the Financial Oversight Authority (ASF), officials of haulage employers' associations and trade unions on Wednesday evening agreed that the RCA thrid party liability policy insurance for vehicles…




19:45, 19.12.2023

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

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…




19:55, 28.11.2023

President Iohannis promulgates law regarding the invetory of assets, liabilities and equity of deputies, senators

President Iohannis promulgates law regarding the invetory of assets, liabilities and equity of deputies, senatorsPresident Klaus Iohannis on Tuesday promulgated a normative act amending the Accounting Law no. 82/1991,…




11:25, 07.10.2022

Almost 5 ml euros in claim payouts under business liability policies

Claim payouts made last year by the members of the National Union of Romanian Insurers and Reinsurers (UNSAR) based on business liability policies totaled 23.8 million RON (4.84 million euros), shows a survey conducted…




15:10, 28.09.2022

EU proposes rules making it easier to sue drone makers, AI systems

The European Commission on Wednesday proposed rules making it easier for individuals and companies to sue makers of drones, robots and other products equipped with artificial intelligence software for compensation…




15:55, 08.08.2022

Competition on Romania's motor third-party liability market rises as quotes drop (ASF)

After H1 2022, Romania's market for the RCA motor third-party liability insurance confirms having managed to overcome the effects of the City Insurance SA, a former leading RCA insurer, having left the market,…




17:05, 06.12.2021

Cine este Naomi Prie, concurenta de la „SuperStar România”. A participat și la „Vocea României”

Naomi Prie, concurenta de la „SuperStar România”, are 21 de ani și cântă de la vârsta de 3 ani. Tânăra a reușit să treacă de cele două gale live și a cucerit publicul, dar și pe cei patru jurați, cu vocea ei.Naomi…




11:15, 19.10.2021

Transporters' association demands authorities an investigation on liability insurance market

The Confederation of Authorized Operators and Hauliers of Romania (COTAR) asks the state institutions to investigate the liability insurance market (RCA) in Romania, which, according to the organization, has become…




13:18, 10.04.2020

Market watchdog releases reference rates for mandatory motor vehicle liability insurance

The Financial Supervisory Authority (ASF) has published the reference rates for the mandatory motor vehicle liability insurance (RCA), in accordance with the provisions of Law No. 132/2017 on the mandatory motor…




11:13, 31.03.2020

Bucharest College of Physicians: Healthcare staff should not be threatened with possible criminal liability

n a press statement released on Tuesday, the Bucharest College of Physicians emphasises that healthcare staff should not be threatened with "possible" criminal liability, adding that "the staff's morale" is "severely…




14:05, 07.02.2020

BNR decides to cut minimum reserve requirement ratio on foreign currency-denominated liabilities

At a meeting of February 7, 2020, the Administration Board of the National Bank of Romania (BNR) decided to cut the minimum reserve requirement ratio on foreign currency-denominated liabilities of credit institutions…




16:36, 15.01.2020

Financial liabilities of Romania's general gov't advance to 23.5pct of GDP in Q3 2019

The financial liabilities of Romania's general government stated as a share of the gross domestic product (GDP), increased in Q3 2019 by 1.1 percentage points, to 23.5pct, according to data released by the National…




09:07, 22.11.2019

IntMin Vela about August 10 2018: Cover-up started with classifying certain documents

Interior Minister Marcel Vela considers that in the case of the events of August 10, 2018, there was a "cover up" that started right with classifying some documents, which would involve "some civil and criminal…




17:22, 01.10.2019

71 percent of entrepreneurs do not support reintroduction of criminal liability for non-payment of taxes

Nearly three-quarters of Romanian entrepreneurs argue that they are against reintroducing criminal liability for the non-payment of taxes and contributions, according to a survey conducted by The National Council…




18:14, 19.06.2019

Market for motor third party liability insurance advances 4.65pct in Q1 2019

The total value of RCA motor third party liability insurance premiums underwritten in the first three months of 2019 neared 970 million lei (over 200 million euro), up 4.65pct from Q1 2018, according to a press…




22:27, 15.03.2018

FinMin Teodorovici: Payment for tax liabilities to be made by stoppage-at-source for persons collecting royalties

Public Finance Minister Eugen Teodorovici stated on Thursday that the payment of tax liability will be made through stoppage-at-source for the people who collect royalties. "I want to make just a single mention…




09:27, 23.12.2017

Supreme Court: Amendments on magistrates' material liability violate Constitution, are unclear, confusing

The High Court of Justice and Cassation (ICCJ, Supreme Court, ed. n.) says in a notification sent on Thursday to the Constitutional Court of Romania (CCR) that the amendments to the Law no. 303/2004 in connection…




16:57, 26.10.2017

Conditions in place for other insurers to join RCA market in the near future

The conditions are in place for other insurers to join the mandatory motor liability insurance market in the near future, which will help normalize the market and temper down excesses, Cornel Coca Constantinescu,…




18:32, 10.10.2017

JusMin Toader on abuse of office: There is need of reasonable threshold to delimit contravention and criminal liability

The Minister of Justice, Tudorel Toader, on Tuesday specified that, in case of the abuse of office charges the authorities are currently seeking to establish "a reasonable threshold" to delimit between contravention…




14:45, 19.06.2017

CA Technologies lansează o nouă soluție ce reduce cu 25% pierderile generate de fraudarea plăților online

CA Technologies lansează o nouă soluție, CA Risk Analytics Network, prin care minimizează impactul acțiunilor de fraudare a tranzacțiilor online sau prin mobil, folosind analize comportamentale în timp real,…




12:04, 15.09.2016

RCA mandatory motor vehicle liability insurance capped by gov't at level decided by Supervisory body

The government endorsed on Wednesday through a Government Emergency Ordinance (GEO) the legal framework to resolve the issues signaled out on the RCA mandatory motor vehicle liability insurance market.  According…




11:52, 15.09.2016

RCA mandatory motor vehicle liability insurance capped by gov't at level decided by Supervisory body

The government endorsed on Wednesday through a Government Emergency Ordinance (GEO) the legal framework to resolve the issues signaled out on the RCA mandatory motor vehicle liability insurance market.




22:08, 14.09.2016

Gov't passes RCA mandatory liability insurance regulations

The Romanian Government has adopted an ordinance regulating the RCA mandatory motor vehicle liability insurance, with its provisions to be published this evening on the Finance Ministry website, the Cabinet Spokesman…




12:09, 20.03.2014

România pe harta conflictelor de mediu din lume

Proiectul de exploatare miniera cu cianuri de la Rosia Montana si exploatarea gazelor de sist în judetul Vaslui sunt problemele de mediu din România, reprezentate în Atlasul Mondial al Justitiei de Mediu, realizat…




12:30, 31.01.2014

Directorul financiar al BCR, numit sa administreze portofoliul de neperformante

Directorul financiar al BCR, Bernd Mittermair, a fost mandatat de Consiliul de Supraveghere sa preia conducerea directiei Remediere, Restructurare si Recuperare, pe pozitia sa fiind numita Adriana Jankovicova,…




11:48, 31.01.2014

Consiliul de Supraveghere al BCR a modificat componenţa Comitetului Executiv al băncii

La rândul său, Michael Beitz, până în prezent vicepreşedinte executiv cu responsabilităţi generale asupra portofoliului de active neperformante, va prelua o nouă atribuţie în cadrul Erste Group Holding. Potrivit…