Last year, the contribution to the fund was set at 0.3 % of the RCA premiums registered by insurers.

The fund protecting road accident victims was set up in 2006.

In 2011, the local general and life insurance market registered revenues of 7.95 billion lei (EUR1.81 billion), down 4.3% on the year, due to a 6.5% decrease on the general insurance segment, to RON6.21 billion, according to CSA data.

The RCA segment fell 17.3% to RON2.06 billion. (EUR1=RON4.3786)