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Pool-ul De Asigurare Impotriva Dezastrelor Naturale SA (Romania)

Main Activities: Insurance Carriers | Direct Property and Casualty Insurance Carriers
Full name: Pool-ul De Asigurare Impotriva Dezastrelor Naturale SA Profile Updated: February 23, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

The Insurance Pool against Natural Disasters (PAID) is an insurance-reinsurance undertaking, formed by the association of insurance companies for the conclusion of compulsory home insurance. PAID was established as an insurance company in November 2009, through the joint effort of 12 insurance companies - ABC Asigurări, Astra Asigurări, Carpatica Asig, Certasig, City Insurance, Credit Europe Asigurări, Euroins România, Generali, Grawe România, Groupama România, Platinum Asigurări și Uniqa Asigurări. PAID manages the compulsory home insurance system, covering three main risks specific to Romania:earthquake, flooding, landslide.

Headquarters
Bulevardul Nicolae Titulescu Nr. 4-8
Bucharest; Bucharest; Postal Code: 011141

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Website: http://www.paidromania.ro

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
November 05, 2009
Key Executives
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Director
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Director
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Director
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Administrator
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Administrator
Ownership Details
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15%
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15%
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15%
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11%
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5.5%
Company Performance
Financial values in the chart are available after Pool-ul De Asigurare Impotriva Dezastrelor Naturale SA report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RON. Absolute financial data is included in the purchased report.
Net insurance premium revenue
0.26%
Operating profit (EBIT)
-1.63%
Net Profit (Loss) for the Period
-0.95%
Total assets
10.45%
Investments
11.25%
Receivables
-5.15%
Total equity
12.61%
Net Premiums Earned Trend
-6.25%
Net Profit Trend
N/A
Return on Equity (ROE)
-2.19%
Loss Ratio
0.17%
Underwriting Expenses Ratio
8.74%

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