Underwritings in the first quarter remained on the growing trend exhibited in 2019 and the life insurance segment registered significant growth, said Cristian Rosu, financial authority vice-president for the insurance sector.
On the general insurance segment, underwritings grew 10% in the first quarter, to RON2.35 billion. Life insurance underwritings grew 9%, to RON626 million.
“Results registered in the first quarter could partially compensate for potential declines in the second quarter,” said Rosu.