Last year, UNSAR insurers underwrote premiums of RON6 billion on the general insurance segment, up from RON5.4 billion in 2011, the union said in a statement Thursday.

Revenues generated by voluntary home insurance fell over RON80 million last year to RON543 million.

UNSAR members paid indemnities of RON4.3 billion in 2012, up 5% on the year.

The Romanian life and general insurance market increased 5.8% in 2012 to RON8.27 billion, after an almost 12% decrease between 2009 and 2011, according to data by insurance market regulator CSA.

On the general insurance segment, underwritten premiums climbed 6.3% to RON6.47 billion.

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. Its members are Allianz-Tiriac, Ardaf, Asirom, Astra, Aviva Asigurari de Viata, AXA Asigurari, BCR Asigurari, BCR Asigurari de Viata, BRD Asigurari de Viata, Carpatica Asig, Certasig, ERGO Asigurari de Viata, Eureko Romania, Euroins, FATA Asigurari, Garanta, Generali, Grawe, Groupama, ING Asigurari de Viata, Platinum, UNIQA Asigurari and UNIQA Asigurari de Viata. (EUR1=RON4.3524)