ASF data also show that insurers paid claims of RON4.84 billion in 2014, down 2.78 % on the year.
Premiums underwritten on the non-life segment fell 0.55% on the year to RON6.45 billion in 2014, while life insurance premiums rose 0.47% to RON1.64 billion.
On the non-life insurance segment, mandatory car insurance RCA reached a volume of underwritten premiums of RON2.79 billion, up 13.6% on the year, representing 43.34% of the non-life insurance segment.
The segment of voluntary car insurance CASCO generated revenues of RON1.69 billion last year, down 5.77% on the year.
Insurance against fire and other natural calamities hold a 14.88% share and saw a 6.04% decline to RON960.19 million.
The premiums underwritten on mandatory car insurance RCA, voluntary car insurance CASCO and insurance against fire and other natural calamities represent 84.46% of the total underwritten premiums on the general insurance segment.
Premiums underwritten by the Romanian Pool of Insurance against Natural Disasters (PAID), which issues mandatory home insurance, totaled RON126.63 million in 2014, up 110.16% from RON60.25 million a year before.
At the end of 2014, 37 insurance companies were operating on the Romanian market. (EUR1=4.4444)