During the Communist era, all commercial insurance was nationalized. Since 1991, casualty, automobile, and life insurance have been made available through private insurers with foreign partners. Private insurers are only legally permitted as joint-stock or limited liability companies. Policies available include life, automobile, maritime and transport, aircraft, fire, civil liability, credit and guarantee, and agricultural insurance, with third-party auto insurance compulsory. Foreign insurance companies and agencies are now allowed to set up representative offices within Romania, though they must have a joint venture with a local company; a foreign company can own any percentage but 100%.