Third party motor vehicle insurance (RCA policies) totaled RON969.8 million in the first quarter, up 5% on the year, he said Monday at an insurance forum organized by Media Xprimm.
On the life insurance segment, underwritings grew 9% on the year in the first quarter, to RON576 million.
“There is ample room for growth on the life insurance market, since life insurance underwritings account for just 21% of the total, compared with over 50% on a European level,” said Rosu.