In 2011, they brokered general insurance premiums of RON3.02 billion, compared to RON3.11 billion in 2010, and life insurance premiums of RON80.7 million, down 8.1% on the year.
The Romanian insurance market dropped 4.3% last year to RON7.95 billion. The general insurance market stood at RON6.21 billion.
According to CSA, revenues registered by insurance brokers from brokerage operations amounted to RON596.5 million in 2011, up 11.3% compared to the previous year.
Revenues from insurance contract negotiation, which represent 96% of brokers’ total revenues, stood at RON572.2 million. (EUR1=RON4.3553)