Recent large claims paid

Top large paid claims:

  • Performance Bond – Delayed performance for design and engineering of several water treatment plants in Transilvania / November 2016/ Paid indemnity exceeded EUR 1,050,000;
  • Performance Bond – Non-performance of repair work to Bucharest sewage system / April 2013 / Paid: EUR 705,000;
  • Property damage – Total loss of 2 large loading cranes during a severe storm in Constanta /June 2011/Paid: EUR 2,950,000.
  • Protection & Indemnity – Complex wreck removal of Fortuna S vessel / Sulina, Black Sea/October 2014 /Paid: USD 4,000,000
  • Marine Hull – Sinking /August 2010/Paid: 3,800,000 USD;
  • Marine Hull – Total loss fire damage /July 2012/Paid: USD 2,300,000;

Petitions/complaints lodged against the company CERTASIG SA and lodged with the Financial Supervisory Authority last 3 months are total of 1 (one). Their structure can be found by visiting the dedicated page here

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