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INSURANCE MARKET

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Financial Watchdog: Romania Insurance Grows 5% To RON11.5B In 2020
Banks-Insurance

Financial Watchdog: Romania Insurance Grows 5% To RON11.5B In 2020

Romania’s insurance market reached a volume of underwritten gross premiums of RON11.5 billion in 2020, up 5% compared with 2019, according to Romania’s Financial Supervisory Authority (ASF).

Ecaterina Craciun · 11.02.2021 · 14:22 · 1 min
ASF: Romania Insurance Market Posts 4.8% Higher Gross Underwritings, Of RON8.5B, In Jan-Sept 2020
Banks-Insurance

ASF: Romania Insurance Market Posts 4.8% Higher Gross Underwritings, Of RON8.5B, In Jan-Sept 2020

Romania’s insurance market registered underwritten gross premiums of over RON8.5 billion in January-September 2020, approximately 4.8% higher than the level reported in the same period in 20...

Ecaterina Craciun · 21.12.2020 · 11:12 · 1 min
Romanian Insurance Market Grows 4.8% in Jan-Sept, to RON8.5B
Banks-Insurance

Romanian Insurance Market Grows 4.8% in Jan-Sept, to RON8.5B

The Romanian insurance market registered gross underwritings of RON8.5 billion in the first nine months of 2002, up 4.8% on the year, an official of the financial authority said Wednesday.

Oana Gavrila · 09.12.2020 · 12:53 · 1 min
Romania Financial Watchdog To Buy RON1.4M Advisory Services To Check On 26 Insurers On Local Market
Banks-Insurance

Romania Financial Watchdog To Buy RON1.4M Advisory Services To Check On 26 Insurers On Local Market

Romania’s Financial Supervisory Authority (ASF) launched an open tender on August 14 for the acquisition of advisory services in order to assess the assets and liabilities on the local insur...

Ecaterina Craciun · 25.08.2020 · 18:04 · 1 min
Romanian Insurance Market Seen Down 15% in 2Q, Recovering in 3Q
Analysis

Romanian Insurance Market Seen Down 15% in 2Q, Recovering in 3Q

The Romanian insurance market, which grew 10% in the first quarter, is expected to post a decline of 15% in the second quarter due to pandemic driven restrictions but may recover in the thir...

Oana Gavrila · 29.06.2020 · 09:17 · 1 min
Romania Insurance Market Ends 2019 With 8% Higher Underwritings, Of RON11B
Banks-Insurance

Romania Insurance Market Ends 2019 With 8% Higher Underwritings, Of RON11B

Romania’s insurance market reported a volume of underwritings of RON11 billion at the end of 2019, 8% higher than in 2018, with the general insurance segment holding the biggest share, accor...

Ecaterina Craciun · 03.04.2020 · 14:23 · 1 min
Romania Insurance Market Sees Gross Underwritings Of Nearly RON11B In 2019, Up Over 8% YoY
Banks-Insurance

Romania Insurance Market Sees Gross Underwritings Of Nearly RON11B In 2019, Up Over 8% YoY

Romania’s insurance market grew over 8% in 2019, the largest growth of the last three decades, reaching underwritten gross premiums of nearly RON11 billion, Cristian Rosu, vice-president of...

Ecaterina Craciun · 07.02.2020 · 13:27 · 1 min
Badea, ASF: Romania Insurance Market Sees Robust Growth Of 7.8%
Banks-Insurance

Badea, ASF: Romania Insurance Market Sees Robust Growth Of 7.8%

Data from Romania's Financial Supervision Authority (ASF) point to robust growth of the insurance market, both in its entirety (+7.8%) and on a series of important segments, among which life...

Ecaterina Craciun · 16.09.2019 · 13:29 · 2 min
Romania Insurance Market Grows 7.4% YoY To RON2.7B In 1Q/2019
Banks-Insurance

Romania Insurance Market Grows 7.4% YoY To RON2.7B In 1Q/2019

Insurance companies operating in Romania underwrote gross premiums of RON2.71 billion in January-March 2019, up 7.4% from the year-earlier period, and the market is still dominated by genera...

Ecaterina Craciun · 19.06.2019 · 18:56 · 1 min