About us  Contact  Site Map   Login   

HomeInsurance marketEventsPublicationsXPRIMM TV  
 Insurance Brokers 
 Interview of the week 



STATISTICS: Romanian insurance market totaled almost EUR 650 m at the end of March

In Q1 2021, the Romanian insurance market totaled RON 3.19 billion (EUR 648.7 million), increasing by approximately 8.2% y-o-y, according to the quarterly report published by ASF - Financial Supervisory Authority, wrote 1asig.ro here.

The non-life insurance market generates about 78% of total GWP and remains dominated by motor insurance, MoD and MTPL representing about 71% of non-life GWP and 56% of total market.

The insurance market in Romania is characterized by a medium to high degree of concentration, thus in the first quarter of 2021, approximately 89% of the total volume of GWP being generated by 10 out of the 27 insurance companies.

The largest insurer in the market in terms of GWP is CITY Insurance, with a market share of 20.3%, followed by ALLIANZ-TIRIAC Asigurari (12.3%) and OMNIASIG VIG (11.7%).

Access xprimm.com and download the Q12021 Romanian market statistics in RON and EUR:

Author: Andrei Victor on 05.08.2021

Comment this article

Atention! "Comment" and "E-mail" are mandatory
If you are not logged on, your name will appear preceded by '(Anonymous)'. For authentication, click here
If you are logged on and you do not fill in your name, will be used the name that you used when you registered

< 10.000 car.

  Security code
Fill in the code from the image:

Copyright 2022 (c) 1asig.ro
powered by Media XPRIMM