Romanian regulator gets 8,000 complaints on local insurers
The Financial Supervisory Authority (ASF) received over 8,000 complaints against local insurers in the first half of the year. Some 40% of them targeted the insurance companies Astra, Euroins, and City Insurance. ASF recently decided that…
Romania Insider · Journalist
· Updated · 1 min read
The Financial Supervisory Authority (ASF) received over 8,000 complaints against local insurers in the first half of the year. Some 40% of them targeted the insurance companies Astra, Euroins, and City Insurance. ASF recently decided that Astra should go bankrupt and withdrew the company’s operational license. Most complaints relate to the mandatory car insurance RCA and Carte Verde (Green Card). Most policyholders were mainly unhappy about the non-payment or the partial payment of the requested compensation. ASF analyzed and solved about 5,100 of the total complaints. editor@romania-insider.com
