The Romanian insurance market decreased 4.3% last year, said the insurer.

Eureko Asigurari underwrote premiums of RON30.93 million on the life insurance segment in 2011, down 0.9% from RON31.24 million a year before.

The insurer underwrote health insurance premiums of RON10.47 million in 2011, up 5.1% from RON9.96 million in 2010.

According to the company, Eureko Asigurari is leader on the local health insurance market, with a market share of 23.5%.

The insurer significantly reduced losses from RON20 million in 2010 to RON6 million last year. (EUR1=RON4.3742)