PAID | Romania Feed

The Romanian Pool of Insurance against Natural Disasters (PAID) has started procedures to raise its share capital to RON77.37 million from RON19.34 million by incorporating the reserves stemming from the profits undistributed in the previous years.

PAID (the Pool of Insurance against Natural Disasters) Romania will grant dividends worth RON11.6 million to its shareholders for 2021, even though its shareholders include four bankrupt companies, respectively Astra, Carpatica Asig, Certasig and City Insurance, in line with data from the company’s report for 2021.

Insurance companies Groupama Asigurari, Uniqa Asigurari, Uniqa Asigurari de Viata and the Pool of Insurance against Natural Disasters (PAID) Romania have established the Romanian Employers Association in the Insurance Industry (PIAR).