Romania
Romanian insurers extend travel coverage for clients stranded in the Middle East
Several insurers operating in Romania have decided to extend travel insurance policies at no additional cost for Romanian travellers stranded in the Middle East due to the ongoing regional conflict and widespread airspace disruptions.
Romania’s Natural Disaster Insurance Pool launches new website domain
Romania’s Pool-ul de Asigurare Împotriva Dezastrelor Naturale, formerly know as PAID Romania, announced that starting 1 March it will operate under a new web domain, padrom.ro, as part of an initiative aimed at clarifying its commercial identity in the digital environment.
ROMANIA: OMNIASIG VIG joins shareholder structure of PAID România, the country’s catastrophe insurance pool
OMNIASIG Vienna Insurance Group has officially entered the shareholder structure of PAID România, the company managing Romania’s mandatory home insurance scheme, after acquiring a 5.5% stake in its share capital.
UNSAR: Romanian more interested by financial protection, but the gap is still large
Interest in financial protection is on the rise in Romania: more than 2.2 million life insurance policies are currently in force, an 8% increase compared to the first nine months of 2024, according to official data published by the Financial Supervisory Authority.
RECREX marks 20 years of advanced claims management services across Europe
RECREX, the company dedicated to delivering advanced claims management services to insurers across Europe, celebrates 20 years of activity this year - a milestone that reflects resilience, strategic vision and long-term partnerships.
ROMANIA: Insurers paid nearly EUR 1.7 Billion in claims in the first nine months of 2025
Romanian insurance companies paid out around EUR 1.72 billion in gross claims during the first nine months of 2025, up 16% year on year, according to data published by the Financial Supervisory Authority (ASF). The figures underline the continued pressure on insurers’ balance sheets amid rising claims frequency and costs.
CEE and Romanian insurance markets: insights from Cristian Fugaciu, Marsh McLennan
In a recent interview, Cristian Fugaciu, CEO Romania & CEE Central and Co-CEO CEE at Marsh McLennan, described the Central and Eastern Europe (CEE) region as one of the most dynamic insurance and risk advisory markets in Europe, driven by economic growth, rising investment flows and increasing awareness of complex risks.
Romania: Insurance market shows consolidation and growing confidence, ASF Vice-President Mititelu says
In a wide-ranging interview, Romanian ASF Vice-President Sorin Mititelu describes 2025 as a year of consolidation and maturing for the Romanian insurance market, with gross written premiums rising by about 8%, underpinned by robust activity in both non-life insurance - especially auto - and strong double-digit growth in life insurance, notably unit-linked products.
STATISTICS: ROMANIA, 3Q2025: positive evolution, but at a slower pace than in the previous year
Insurers active on the Romanian market wrote GWP worth EUR 3.69 billion in the 3Q 2025, which is by 8.63% more y-o-y. Out of this total, local insurers accounted for EUR 3.17 billion, while the remaining EUR 519 million were generated by branches of EU insurers operating on FOS/FOE.
Romania: Winter weather poses significant risks to homes and public safety, insurers warn
Low temperatures, heavy snowfall, and subsequent snowmelt can cause more than just inconvenience - they can generate significant risks affecting both residential properties and public safety, Romanian insurance industry representatives warned.
Romania’s Pillar II private pensions reach new highs in 2025, with assets exceeding EUR 40 Billion
Romania’s mandatory private pension system (Pillar II) recorded its strongest performance since launch, posting a record average annual return of 19.2% in 2025, according to calculations by APAPR (Romanian Association for Privately Administered Pensions).
Romania overhauls the policyholder guarantee framework: a fundamental reset of the FGA’s role
The promulgation of the new law amending the regime of the Policyholders’ Guarantee Fund (FGA) marks the most far-reaching legal overhaul of recent years. Adopted by Parliament and promulgated on 3 December 2025, it fundamentally reshapes the relationship between claimants, insurers, and the state, redefining the FGA’s role in times of market distress.
Romania, UNSAR: Compensation for damaged property surges by over 60%
Insurance companies in Romania paid out RON 300 million (EUR 59 million) in 1H 2025 for claims related to fires and natural disasters affecting businesses and households - an increase of roughly 63% compared with the same period in 2024, the insurers’ association said in a press release.
Romania: Senior population is growing fast, but feels undersupported in times of vulnerability, shows NN Research
Romania faces a sharp demographic shift: in July 2025, for the first time, the population aged 65+ exceeded children under 14 by 35.4%. Yet, NN studies show seniors feel increasingly vulnerable and insufficiently supported as health and financial needs rise with age
Bucharest hosts key EU Workshop on ELD implementation and financial security insurance instruments
The Environmental Liability Directive (ELD) was the central topic of a workshop jointly organized by UNSAR – The Romanian Insurers’ Association – and HAIC, the Hellenic Association of Insurance Companies. The event took place in Bucharest as part of the European LIFE PROFILE project, which aims to strengthen the financial protection mechanisms supporting environmental remediation.
STATISTICS: ROMANIA 1H2025: double-digit growth for the life insurance segment
Romanian insurance market ended 1H2025 with gross written premium worth EUR 2.43 billion, by 6.3% more y-o-y. Life insurance totaled GWP of EUR 508.8 million, 18.3% up y-o-y, its share in the market portfolio increasing by 2 percentage points, to 20.94%. The non-life segment increased by 3.5%, to EUR 1.92 billion. The results include both domestic insurers and FOE/FOS players’ business results.
ROMANIA: insurance market recorded a positive evolution in 1H 2025
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).
ROMANIA: Three years after its launch, the “Amiabila” App reached over 200,000 users
In a country where traffic tests your reflexes - and patience - every day, a Romanian app developed by the Romanian Motor Insurers’ Bureau (BAAR) is proving that even the most stressful moments on the road can be handled differently: calmly, efficiently, and without the eternal search for a pen.
Generali Romania celebrated 190 years of history with a Gala Event at the Palace of Parliament in Bucharest
On November 4, Generali Romania marked 190 years since the opening of its first agency on the territory of modern Romania, celebrating the milestone through a special event held at the Palace of Parliament in Bucharest.
Codruța Furtună appointed Deputy CEO of Allianz-Țiriac Asigurări, Romania
Allianz-Țiriac Asigurări announces the appointment of Codruța Furtună, currently Sales and Distribution Director, as Deputy Chief Executive Officer. The nomination has been approved by the Financial Supervisory Authority (ASF) and will be registered with the National Trade Register Office.

5 March 2026