Life insurers in Romania paid out approximately RON 1.5 billion (around EUR 300 million) in benefits to policyholders and beneficiaries in 2025, according to data released by the National Union of Insurance and Reinsurance Companies of Romania (UNSAR). The figure marks a new record for the local life insurance market, underlining its growing role in providing financial protection.

The total amount covers indemnities paid for maturities, surrenders, death claims and other insured events, reflecting both portfolio growth and increasing consumer awareness of long-term protection and savings solutions.

“Life insurance proves, once again, its essential role in providing financial stability when it is most needed. These payments represent concrete support for families and beneficiaries in difficult moments,” said Alexandru CIUNCAN, President and General Director of UNSAR.

According to UNSAR, the upward trend in payouts also signals a gradual maturation of the market and a stronger capacity of insurers to meet policyholders’ expectations. However, the association points out that Romania continues to face a significant protection gap in life and health insurance, with penetration levels still below the European average.

In this context, industry stakeholders stress the need for continued efforts to improve financial education and stimulate demand for protection products, particularly in an increasingly uncertain economic and demographic environment.