The local insurance market was dominated by general insurance, which accounted for 79% and totaled underwritings of RON5.88 billion in January-September 2018, up 2% on the year, said ASF vice-president Cristian Rosu.
On the general insurance segment, third-party motor vehicle liability (RCA premiums) accounted for 46% of the market, totaling RON2.69 billion, down 6% compared with the first nine months of 2017.
Life insurance accounted for 21% of the market, with underwritings of RON1.59 billion, up 4% on the year.