Financial Regulator Revokes Certasig's License, Starts Bankruptcy Procedures

Romania financial regulator decided on February 19 to revoke the license of insurer Certasig for failing to cover minimum capital requirements, the institution said Thursday.

46 views

Financial Regulator Revokes Certasig's License

The board of the financial regulator also noted the insurance company's state of insolvency and decided to start legal procedures to have it declared bankrupt.

If you liked this story, please follow MEDIAFAX.RO on FACEBOOK »

The content of mediafax.ro is for your information only. Republishing or using this content is forbidden without express consent of MEDIAFAX. For this consent, please ask for it by mail at vanzari@mediafax.ro.