Romania
Romania Title
Pool-ul de Asigurare Împotriva Dezastrelor Naturale (PADROM)
Romania Description
The Insurance Pool against Natural Disasters (PADROM) 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, PADROM covers three specific risks within Romania: earthquake, flood, landslide.
Romania News and Events
News and Events
16 February 2026
(Only in Ro)
Omniasig VIG has officially become a shareholder in PAID Romania, the company that sells mandatory home insurance , after taking over the 5.5% stake previously held by Euroins, the former RCA leader that went bankrupt, PAID announced on Monday. Omniasig paid over 8.18 million lei for this stake, put up for auction by CITR, the judicial liquidator of Euroins, as Alina Popa, the legal director of CITR, previously told HotNews.ro.
PAID launches awareness campaign 'The real tragedy is not the disaster, but the lack of preparation'
2 April 2025
(Only in Ro)
The Insurance Pool against Natural Disasters (PAID) launched on 1 April the awareness campaign 'The real tragedy is not the disaster, but the lack of preparation’, which aims to draw attention to the devastating impact of natural disasters on communities in Romania.
https://www.padrom.ro/