the financial supervisory authority

Prosecutors with the General Prosecutor's Office on Thursday morning were seizing documents from the City Insurance company's headquarters, as part of a criminal case opened following a complaint filed by the Financial Supervisory Authority (ASF). The representatives of the General Prosecutor's Office claimed that there were no searches, but documents were seized from the insurance company.

Romanian insurers' gross written premiums amounted to approximately 11.5 billion lei in 2020, roughly 4.6 percent up from the previous year, the Financial Supervisory Authority (ASF) announced on Thursday.

The Romanian insurance market had a weight of 2.3% of the Gross Domestic Product (GDP) in 2020, and the first gross premiums have gone up to 11.5 billion RON, rising by 5% from 2019, announced on Thursday, during a specialty conference, Nicu Marcu, the chairman of the the Financial Supervisory Authority (ASF).

As of November 27, 2020 optional pension funds held assets worth over 2.8 bln lei, up 15.26 percent YoY, the Financial Supervisory Authority (ASF) announced. Government securities account for the highest share of this amount, with 1.825 bln lei (64.10 pct), followed by stocks with 712.819 mln lei (25.03 pct) and units in collective investment undertakings with 93.556 mln lei (3.29 pct).

Assets of mandatory privately managed pension funds amounted to over 73.145 billion lei as of November 27, 2020, up 20 percent YoY, shows data of the Financial Supervisory Authority (ASF). Government securities account for the largest share in assets with 49.73 billion lei (68 pct), followed by stocks with 15.158 billion lei (20.72 pct) and corporate bonds with 2.98 billion lei (4.07 pct).

Assets held by the optional pension system stood at 2.47-plus billion lei as of November 30, 2019, up 21.32 percent from the same period of the year before, shows data of the Financial Supervisory Authority (ASF).

The prospect of the Bucharest Stock Exchange (BVB) to promote to emerging market status, the diversification of BVB products, the need for setting up the Central Counterparty and the stage of the Sovereign Investment Fund are among the main topics the second Capital Market Forum taking place this Friday in Bucharest will be looking at; the event is organized by the Financial Intelligence econom

Assets held by voluntary pension schemes amounted to over 2.27 billion lei as of June 30, 2019, up 20.34 percent YoY, according to data provided by the Financial Supervisory Authority (ASF).

The mandatory private pension funds had assets worth more than 53.41 billion lei, on May 31, 2019, up 24.18 per cent against the same month a year before, according to data provided by the Financial Supervisory Authority (ASF). Government bonds hold the highest share among these assets, of 31.58 billion lei, 59.14 per cent respectively.

The mandatory private pension funds had assets worth 48.19 billion lei on 30 November 2018, up 23.51 percent from the level registered in the similar month of the previous year, according to the data of the Financial Supervisory Authority (ASF).