CSA last registered profit in 2010, of RON5.2 million.
Its total revenues amounted to RON54.9 million in 2012 and total costs stood at RON69.9 million, the institution said in its annual report.
Over 30% of CSA’s revenues were generated by contributions paid by its members.
The report does not state how the loss will be covered but mentions that the institution does not register debts to the state budget and to the social security and health insurance budgets.
The Romanian insurance market amounted to about EUR2 billion last year.