UNSAR has 23 members, who subscribe about 80% of the overall insurance premiums on the local market.
On the general insurance segment, underwritten premiums dropped 16% in the analyzed period, to RON1.4 billion, while premiums from life insurance increased by 4.96%, to RON373.4 million.
UNSAR said in a press release the decline registered on the general insurance segment was caused by a decrease in premiums from car insurance.
Voluntary car insurance CASCO premiums dropped 13.74% on the year in January to March, while and mandatory car insurance RCA premiums decreased by 32.06%.
On the other hand, premiums for fire and natural disaster insurance increased by 24.78%, while health insurance premiums rose 38.67% on the year.
Damage claims paid by UNSAR members reached RON957 million in the first quarter of the year.
The Romanian insurance market dropped 6.6% in the first three months of 2011, to RON2.14 billion, according to preliminary data released by insurance regulator CSA. (EUR1=RON4.1051)