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.

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