LIFE
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Life Insurance Up 28% to RON2.22B in Romania in Past Decade
Life insurance, a segment that has significant potential in Romania, reached RON2.22 billion gross written premiums at the end of 2020, 2% lower than in 2019. The gross written premiums, however, went up 28.3% in the past decade, Romania’s Financial Supervisor...
Insurer Rankings in Q1, 2019: City Insurance Gains Ground, NN Stays in the Lead
City Insurance gained even more ground in the first quarter of 2019, ending it with 21% market share. The company held by businessman Dan Odobescu increased its revenue by 42% to 448 million...
Life Insurers Have Moderate Expectations: 5% Market Growth
Romanian life insurance companies’ share could go up to 22% of the total insurance market in 2011. This is still lower than in neighboring countries.
Coman, ING: Life Insurance, Still “Exotic Realm” For Romanians
Life insurance is an “exotic realm” for Romanians due to their low income and job insecurity, although people realize the importance of this type of insurance and of saving money for retirem...