Pool-ul de Asigurare împotriva Dezastrelor Naturale (PAID)
The Insurance Pool against Natural Disasters (PAID) Romania was established in November 2009 as an insurance and reinsurance company, formed by an association of insurance companies in order to provide Romanian homeowners with compulsory home insurance in accordance with the provisions of Law no. 260/2008. Under this law, PAID covers three specific risks within Romania: earthquake, flood, landslide.
Romania News and Events
News and Events
March 7, 2019. The Natural Disaster Insurance Pool marked the 10th anniversary of its activity on the occasion of the second edition of the “Building the future” Conference, which took place on March 7 this year in Bucharest. The event brought together the company's international and country partners and brought up a number of current issues regarding compulsory home insurance, as well as catastrophic risks.