Radu MUSTATEA: The degree of coverage of mandatory insurance - 30%, in the first year
"The degree of mandatory household insurance coverage will range, in the first year of functioning of PAID, to 30%", said Radu MUSTATEA, President of the Directorate, ASTRA Asigurari, and Vicepresident of PAID, at ICAR - The International CAtastrophic Risks Forum, organized Monday, October 12, this year, at the Palace of Parliament, in partnership by Media XPRIMM and the Ministry of Administration and Interior.
"No one assumes the risk of inefficient management of existing resources, considering the context of applicability of the law and its social character. In terms of degree of insurance coverage, we estimate that, if we join efforts, in three years after the introduction of mandatory insurance, it will amount to 75%, the role of making this insurance popular being one of all the participants in this program", completed Constantin TOMA, President of PAID.
In Romania there are over 8.3 million housing units to be included in the Romanian Program of Insurance against Disaster.
Author: Mihaela CIRCU
on 13.10.2009
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