Allianz Bulgaria to exit Romanian market

30 March 2015 —
The Bulgarian financial regulator said insurance company Allianz Bulgaria has decided to stop providing services in neighbouring Romania.

The Financial Supervision Commission (FSC) will notify the Romanian authorities of Allianz Bulgaria's decision to end its insurance operations in Romania, the regulator said in a statement on its website on Thursday without disclosing details.

The FSC said in mid-2014 Allianz Bulgaria intends to start operations as an insurer on the territory of neighbouring Romania. Read the full story Allianz Bulgaria to exit Romanian market
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