Life insurance underwritings grew 20%, to RON21 million, the company said.

The non-life insurance segment grew 9%, to RON483 million. Health and accident insurance underwritings grew 15% and other non-life insurance grew 17%. The voluntary car insurance segment posted a 9% increase in the first six months, driven by higher new car sales.

Property insurance underwritings grew 8%, to RON82 million.

Groupama Asigurari has over one million retail customers and over 80,000 corporate customers.

Romania’s insurance market stands at around EUR2 billion a year.