By comparison, banking system net assets last year neared RON882 billion, so that insurers’ total assets are 24.5 times lower.

Whereas Groupama leads the entire insurance market by the volume of gross underwritten premiums in 2024, Allianz-Tiriac is the leader in terms total assets, with a level of over RON6.7 billion at the end of last year, representing a 0.39% weight in GDP.

By assets, Groupama ranks second, with total assets of above RON6.2 billion, weighing 0.36% in GDP. Third comes NN Asigurari de Viata, with overall assets of around RON5 billion at the end of 2024, with a 0.29% weight in GDP.

(English version by Catalina Apostoiu)