newsweek.ro/economie/alexandru-petrescu-asf-cooper

Alexandru Petrescu, president of ASF, emphasizes the need for regional cooperation in Southeast Europe to enhance financial protection against natural disasters. During a meeting in Bucharest, he highlighted Romania's commitment to dialogue and resilience, noting the limited insurance coverage in the region. Petrescu pointed out that only a quarter of Romanian homes are insured, stressing the importance of increasing awareness and preparedness. The feasibility study discussed aims to better understand risks and identify areas for regional collaboration. He also mentioned the significance of working with EIOPA to address insurance protection deficits effectively.