56% of companies are worried about increased cyber-attacks and their impact on business development, according to EY Global Information Security Survey (GISS) The corporate world has recently become more aware of and responsible towards IT failure. We specifically...
The year 2017 was one when many changes were proposed by the Government, but these changes were not always implemented. Some important changes in the field of taxation have taken place however and will take effect from 1st January 2018. I set out below some of these...
Risk management is at the core of how insurance companies drive their business. Following the Solvency 2 Directive, which governs the EU insurance market, risk management has become an even more important part of the decision-making and organizational process of any...
As of the 25th of May 2018, all companies worldwide that store and process data about EU citizens will be required to comply with GDPR. This is a new mandatory regulation for the protection of individuals in the EU, with regard to the processing or free circulation of...
The Romanian Government has done what very few Governments in the past have done and that is that they have united both employers and Unions in a common cause. They have done this by implementing the measures set out in Emergency Ordinance 79/2017 (“Ordinance “)....
CertAsig in Monte Carlo – Special Article, by James Grindley – CEO CertAsig Florida hurricanes seem a long way from Romania, so how could these distant events affect reinsurance prices for buyers in Central and Eastern Europe ? During the weeks leading up to this...
