The decrease in underwritten premiums was triggered by a 12% drop registered on the general insurance segment.
UNSAR has 22 members, whose underwritten premiums account for about 80% of the overall insurance market.
On the property insurance segment, underwritten premiums climbed 23%, driven by the increase registered on the mandatory house insurance segment.
Damage claims on the general insurance segment reached RON1.8 billion, and the claim reserve stands at about RON1.4 billion.
Underwritten premiums on the life insurance segment increased by 5.2% in the first half of 2011 compared to the same interval a year ago, to over RON732 million. Technical reserves on this segment rose by about 13% between January-June 2011, to RON4.1 million, said UNSAR.
UNSAR was set up in 1994 with a view to developing and extending cooperation in the insurance and reinsurance field, both at national and international levels. (EUR1=RON4.2706)