Overall, the insurance market has tripled in the last decade, and the major players have seen their premiums increase by 4 to 6 times.
Ten years ago, Allianz-Tiriac was the leader of the Romanian insurance market, with premiums of more than RON1 billion, followed by Omniasig, with premiums of RON977 million, and Groupama, with premiums of RON805 million, rounding out the top three.
Now, the new leader of the insurance market, Groupama, is approaching RON5 billion in premiums, Allianz-Tiriac ranks second, with premiums of almost RON3.9 billion, and the third leading insurer in Romania is Omniasig, with premiums of almost RON3 billion.
Of all the insurance classes on the market, health insurance is the only one that has grown tenfold over the past ten years.
Stronger segments such as comprehensive auto insurance (CASCO) and auto liability insurance (RCA) stand out due to their very high volumes compared with other insurance segments, as well as their significant growth rates over the past ten years.
In the CASCO segment, the volume of premiums stands at over RON4.3 billion, more than double the 2015 level, while RCA grew slightly faster than CASCO, with the volume doubling to over RON8.7 billion in 2025.
(English version by Loredana Fratila-Cristescu)