News » December, 2010 » 13 December 2010
Insurers have come to pay hundreds of thousand euros for personal injury claims
13.12.2010, 00:08 | Insurance | 770 views
Personal injury payments in the wake of car accidents have registered exponential growth in recent years, with insurers getting to settle claims as high as hundreds of thousands of euros, which is putting additional upward pressure on auto liability (RCA) policy tariffs. Omniasig, a top company on the domestic market controlled by Austria's Vienna Insurance, settled a 1.34m RON (around 230,000 euros) claim this year in the wake of a car accident. Generali, a top ten insurer in terms of gross underwritten premiums, settled a 55,000-euro claim. Read more on ZF.ro
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