On the Romanian market there is a rising trend of personalinjury claims resulting from car accidents, which puts upwardpressure on the price of auto liability insurance, says Rangam Bir,general manager of Allianz Ţiriac, the second-largest company onthe Romanian insurance market in terms of the volume of grosspremiums underwritten.
"We had several claims this year, but we have yet to settle thembecause the cases are still in court. The biggest claim amounts to10 million RON, and comes from the family of a car crash victim,"Bir said.
Other companies have already paid tens or even hundreds ofthousands of euros for personal injury claims as a result of caraccidents. For instance Omniasig paid 1.34 billion RON (around330,000 euros) this year to settle a claim.
As far as Allianz Ţiriac is concerned, Rangam Bir, 39, who tookover as general manager in May, says this year's main challengeshave been motivating employees and finding ways to lessen theimpact of the higher taxation and of the collapse of the carmarket.
Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels
