STATISTICS:

Romania's TOP 10 general insurance: The first 10 players grew by almost 2% in national currency

In the first six months of 2012, the general insurance market gathered gross written premiums worth over EUR 746 million, a slight decline of 1,4% in European currency compared to the value recorded at a similar time last year, according to preliminary data gathered by insuranceprofile.ro.

In national currency, profile companies wrote over RON 3,27 billion from general insurance, up by 1,5% compared to the first half of last year. General insurance represents a little over 89% of the total underwritings.

The first ten companies on the market recorded gross written premiums of over EUR 698 million, representing a concentration degree of over 93% out of total underwritings. The real medium growth of the first ten companies was almost 2% in national currency.

OMNIASIG VIG is the new leader on the general insurance market with a 17% share. ASTRA Asigurari comes in second with underwritings of around EUR 116 million, while ALLIANZ-TIRIAC completes the podium with business worth almost EUR 93 million.

The only TOP 10 companies that registered growth in the abovementioned period are GROUPAMA Asigurari, with +4,3% in European currency, EUROINS Romania, +87%, CITY Insurance, +243%, CARPATICA Asig ,+40%.

The complete results of the Romanian insurance market can be found exclusively in the next number of the specialized magazine INSURANCE Profile.

Follow XPRIMM Publications on LinkedIn, for more data on the insurance and financial industry.

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