RCA’s new reference tariffs, which are higher and more than 41% higher than last year, have caused a wave of discontent at government level, and Prime Minister Nicolae Chuke is now awaiting an explanation from Nick Markou, president of the ASF, including The financial situation of Euroins, the RCA leader with more than 2.5 million motor insurance policies, was disclosed by government sources on Thursday.
Official government sources said on Thursday that Prime Minister Nicolae Chuke discussed some time ago with Niku Marku, president of the Financial Supervisory Authority (ASF), who informed him that there is a problem with the leader of the RCA, Euroins.
“There are two options: either bankruptcy or recapitalization,” government sources said on Thursday.
The ASF has started a process of extensive review of the solvency of Euroins and the Government expects the completion of this analysis and measures that will not affect the public, as happened after the last major insurance bankruptcies, the most recent at City Insurance.
it is updated
Source: Hot News
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