Banking insurance policies expected to increase.

From: Bucharest Daily News (Bucharest, Romania) | Date: March 1, 2006 | Copyright information

Byline: Robert Comanoiu

Mar. 1--Insurance policies sold by commercial banks could hold a 25 percent share in the total premiums issued by all insurers, but an official statistic does not exist yet, said on Monday the general director of the General Settlement Department in the Insurance Surveillance Commission (CSA), Paul Mitroi.

Nicolae Crisan, CSA's president, estimated that the insurance market amounted in 2005 to approximately 1.1-1.2 billion euros, regar...

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