Mandatory household insurance, a project
on which there has been done a lot of work in the last 5 years,
has finally become a reality.
ICAR 2010 thus marked a historical moment, the result of
an over 8 years road, when it had been debated the first draft
household insurance. Between 2005-2007, through the collaboration
between the Ministry of Administration and Interior and ISC,
with support of World Bank, UNSAR, UNSICAR, the associative
structures of local administrations and of homeowners associations,
the draft of the current law was elaborated, which was adopted
by Government in 2007.
This was the context for the 2010 Edition
of ICAR-International Catastrophic Risks Forum, organized
partnership by MAI -
the Ministry of Administration and Interior, ISC - Insurance
Supervisory Commission, the Prefect Institution of Bucharest
and Media XPRIMM.
Also, the seventh and most important Edition of the main
European event dedicated to catastrophic risks occurred with
participation of the World Forum of Catastrophe
ICAR 2010 took place on October 12th, 2010, at
the Parliament Palace. The forum focused on the start and
of mandatory household insurance, and also on the catastrophic
risks management policies and on the role of public authorities
in their management and financing.