Constantinescu was general manager of Allianz-Tiriac and of the national association of Romanian insurers UNSAR.

Constantinescu said that ASF declaratively targets to reduce insurance premiums and pressure on the clients, but adopts opposite measures which trigger higher tariffs.

As for the latest amendment brought to the mandatory car insurance policies (RCA), Constantinescu said the changes should have been much more consistent.

Under the circumstances, Constantinescu said it would be difficult to forecast the evolution of the insurance sector in 2015, without knowing “what ASF plans to do this year”.