"The first answer that comes to your mind when someone asks you what insurers are good for is 'capacity and protection'. However, for a market like the Romanian one, the real answer is: know-how. Knowledge. We need capacity and protection, but we also need knowledge," declared Cristi CONSTANTINESCU, Insurance Specialist, at FIAR 2014, within the Reinsurance Conference.

"It is enough to have a look at the market data for the last eight years (remark: it's been eight years since the insurance market in Romania last ended the year on profit) so that we realize why the insurance market needs know-how," continued Cristi CONSTANTINESCU.