”The RCA market, accounting for over half of the general insurance market in Romania, continued its growth in the context of visible moderation of the average premium dynamics and the consolidation of the financial balance on this insurance segment,” ASF representatives said.
The number of RCA contracts rose 5.6% to 2,714,303 in January-June.
The average RCA premium reached RON793 in June 2016, marking a moderation of the growth trend registered in the past year.
In January-June 2016, the number of approved damage payment files stood at 149,646, while the value of paid damage claims exceeded RON1 billion.