Romania’s insurance market recorded a positive evolution in 1H 2025. Total volume of gross written premiums reached RON 12.3 billion, (approx. EUR 2.47 billion), up 8% y-o-y, reflecting the strong dynamics of life insurance as well as the resilience of the motor segment, according to the latest report published by the Financial Supervisory Authority (ASF).

The companies authorized by the Financial Supervisory Authority (ASF) recorded a 10% increase in gross written premiums, confirming their essential role in strengthening the market.

Life insurance in full expansion

Non-life insurance continued to dominate the market, accounting for 79% of the total, with a 6% increase. Within this segment, motor insurance (MTPL and Motor Hull) remained the main business lines, with a combined volume of RON 7 billion (approx. EUR 1.41 billion).
MTPL alone reached RON 5.2 billion (approx. EUR 1.05 billion), up 10%, while the annualized average premium at market level was around RON 1,300 (approx. EUR 261), about 2% higher than in 2024.

Health insurance line maintained its positive trend, exceeding RON 680 million (approx. EUR 137 million).

The life insurance segment was, however, the most dynamic, advancing by 21% and becoming one of the main growth drivers of the market. The increase was supported especially by Unit-Linked products, which climbed 41% and came to represent one third of life insurance premiums, as well as traditional policies, which grew by almost 19%.

Claims payments and financial stability

In the first six months, the market paid total gross claims of RON 5.8 billion (approx. EUR 1.17 billion), 16% more y-o-y. Non-life insurance generated the largest share of these payments, with a 20% increase and a dominant contribution from MTPL, which alone accounted for 55% of total non-life claims.

The market’s gross technical result reached RON 809 million (approx. EUR 163 million), with Motor Hull contributing significantly.

Stability indicators confirm the market’s robustness.
As of 30 June 2025:

• the SCR ratio stood at 164%, well above the minimum threshold,
• technical reserves amounted to RON 24 billion (approx. EUR 4.82 billion),
• insurers’ investments reached RON 34.6 billion (approx. EUR 6.95 billion), mainly directed towards government bonds,
• the market’s net profit totaled RON 866 million (approx. EUR 174 million), only 3% below the historical record set in H1 2024.

Broker distribution and market outlook

Distribution channels continued to play an essential role, with brokers intermediating 68% of gross written premiums. The intermediation degree remained very high in non-life insurance (82%), while for life insurance it stood at 13%.

“The results from the first semester confirm the solidity and stability of the market, with balanced growth and strong contributions from all major segments. Diversification remains the key driver - motor insurance sustaining the market’s foundation while life insurance adds momentum - and the outlook for the second half of 2025 indicates a continuation of sustainable development,” the market authority said.