The insurance market was shaken, in autumn last year, by the layoff of Constantin Buzoianu, the president of the Insurance Oversight Commission (CSA), following the parliament's decision, which uncovered several irregularities. At the time, Buzoianu said that the insurance market is faced with "serious problems, which would make the FNI scandal look like a small accident in the event of a major earthquake". He said that the problems in the insurance industry would not be solved by his layoff.
PDL deputy Adrian Gurzău confirms the apocalyptic picture of the insurance market presented by the former president of the CSA, in the interview we present hereinafter, which we invite you to read.
For four years, Mr. Gurzău was the vice-president of the Commission Against Abuse of the Chamber of Deputies, during which time he has investigated many cases of abuse on the insurance market. He is still a member of the Commission and he presented to us the irregularities on the insurance market, which he wants to continue to investigate.
Reporter: In autumn 2012, the Commission Against Abuse of the Chamber of Deputies presented several irregularities in the activity of the former Insurance Oversight Commission (CSA). The deputies of the Budget and Finance Commission have even asked for a detailed activity report from the CSA. The CSA was subsequently integrated in the Financial Supervision Authority (ASF). What happened to this report and how would you describe the activity of the ASF in the insurance sector?
Adrian Gurzău: The creation of the ASF was a circus. The parliamentarians of the governing parties thought they would be able to save money with the budget of the ASF and they decided to remove the representatives of the political opposition from the ASF. In doing so, all they did was to encourage the lack of transparency at the ASF.
The ASF
