Romania’s insurance market goes up by 12%
Tuesday, 12 27 2016, Category: Insurance and Reinsurance, Country: Europe
Romania’s insurance market recorded gross written premiums of over EUR 1.5 billion in the first nine months of this year, up 12% compared to the same period last year. The mandatory car insurance premiums (RCA) continued to have the highest share, according to data from the Financial Supervisory Authority (ASF).
The market increased this year due to the “upward trend of the general insurance segment”, which recorded an annual growth of 14%, the ASF press release showed.
Source: Romania Insider