PAID head: EUR 1.3 bln promptly transferable to Romania for damage compensation in disaster event

Business 14 October 2024 22:08

The Natural Disaster Insurance Pool (PAID) has sufficient funds of its own and can bring at any time into the country, through the broadest reinsurance program in Central and Eastern Europe, 1.3 billion euros - guaranteeing that those hit by disasters receive compensation, PAID director general Nicoleta Radu told the "Banking Forum" conference on Monday, CE Report quotes Agerpres

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PAID head: EUR 1.3 bln promptly transferable to Romania for damage compensation in disaster event

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