“A first set of preliminary data (unaudited and which can be further rectified) for 2018 show an increase of nearly 4.5% in the volume of underwritten gross premiums compared with the previous year, overshooting the RON10 billion threshold. Increases of over 4% are also seen on the general and life insurance segments”, said ASF president Leonardo Badea.
ASF expects the external environment to generate the main challenges for the stability of non-banking financial markets.
“In 2019, we expect the main challenges for the stability of non-banking financial markets to be generated mostly the external environment: the geopolitical tensions throughout 2018, mainly concerning the Brexit agreement, are expected to continue in 2019. Nevertheless, expectations regarding 2019 are optimistic: the insurance market is expected to continue its positive trend”, said Badea.