Glad Financial Authority is proposing to extend cap on RCA rates until 30 September 2024 (PM Ciolacu)

Prime minister Marcel Ciolacu announced on Friday the extension of the cap on the rates of mandatory civil liability car insurance (RCA) policies until September 30, saying that this measure will prevent the emergence of imbalances in the market. „I am pleased that the Financial Supervisory Authority (ASF) is officially proposing to extend the RCA […]