The insurer registered gross underwritten premiums worth RON2.87 billion at the end of September 2023, up 32.6% from the year-earlier period.
Romania insurance market at the end of the first nine months of 2023 overshot RON13.1 billion, up 9% from the same period of 2022. The imbalance between the two main segments persisted, with an 83% weight of general insurance vs 17% for life insurance.
The second position is held by Allianz-Tiriac, which managed to grab a 19.2% market share at the end of the first nine months of 2023, meaning gross underwritten premiums of over RON2.5 billion, up 18.1% against January-September 2022.
Omniasig came third, with gross underwritten premiums of above RON1.67 billion, up 9.7% from the same period of 2022. Its market share reached 12.81%.
Overall, the three insurance companies hold a 54% market share, meaning gross underwritten premiums worth almost RON7.1 billion.
(English version by Catalina Apostoiu)