Local insurers underwrote premiums of RON6.16 billion in January-September 2012 and paid damages worth RON3.78 billion.
Underwritten premiums on the life insurance segment fell 4,49% in the first nine months of the year, to RON1.234 billion, while revenues from general insurance policies rose 1.31% to RON4.939 billion, ASF said in a statement Wednesday.
Thirty-eight insurance companies operated in Romania in the first nine months: 20 on the general insurance segment, 10 on the life insurance market and 8 on both segments.
According to ASF, the top 10 largest insurers in Romania cover 80.95% of the local insurance market. The top three insurers, with aggregate underwritten premiums of RON2.105 billion, have a market share of 34.1%. (EUR1=RON4.4449)