An increasing number of Romanians are considering life insurance as a destination for their financial savings, according to the latest UNSAR–IRES Barometer on Risk Perception and Insurance Culture in Romania. The share of respondents who said they would invest their available funds in a life insurance policy rose by 7 percentage points y-o-y, reaching 24% – the strongest increase among all investment and savings options analyzed in the survey.

Financial instability has become Romanians' biggest concern, with eight out of ten respondents worried about events that could negatively affect their professional situation and income, according to the latest edition of the UNSAR-IRES Barometer on Risk Perception and Insurance Culture in Romania.

The transformation of Romania’s insurance market requires more than regulatory compliance - it also depends on trust, innovation and a stronger professional culture. These were some of the key messages delivered during the FIAR 2026 panel discussion titled “The New Architecture of the Insurance Market – Conduct, Innovation, Trust”.

The 27th edition of FIAR – the International Insurance – Reinsurance Forum took place in Sinaia featuring the “Insurance Market Trends” conference, where industry leaders and financial experts discussed the growing impact of geopolitical tensions, inflation and economic uncertainty on the Romanian economy and insurance market.

Romania has taken a new step toward addressing one of its most persistent public safety challenges, as representatives of public institutions, businesses and NGOs signed a National Road Safety Pact aimed at reducing traffic casualties and improving road safety policies. The initiative was launched during the event "The Same Street. The Same Responsibility" held at the Romanian Parliament.

Romanians are increasingly turning to voluntary health insurance to gain access to medical services, with the value of healthcare costs covered under these policies exceeding RON 660 million last year — up 21% compared to 2024. A significant share of these expenses no longer had to be borne by the public health insurance system.

Vienna Insurance Group (VIG) has signed an agreement with the International Finance Corporation (IFC), a member of the World Bank Group, to acquire - subject to regulatory approval - approximately 10% of the common shares in its Romanian pension fund company Carpathia Pensii.

In early 2026, storms in Romania are no longer exceptional disruptions but a recurring operational and financial risk. The combination of rising frequency and low insurance penetration continues to widen the protection gap, making resilience a central issue for the market.

The number of people benefiting from voluntary health insurance in Romania exceeded 872,000 at the end of 2025, marking a 37% increase compared to 2022, according to an analysis conducted among the members of UNSAR.

Romania’s insurance market maintained solid growth momentum in 2025, supported by higher premium volumes and strengthening financial indicators, despite an economic environment still marked by inflationary pressures and uncertainty.

Romanians are becoming more aware of the risks they face - from natural catastrophes to health and property-related threats - yet the level of insurance protection remains insufficient, according to Alexandru Ciuncan, President & General Director of UNSAR.

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.

GWP of the Romanian insurer Allianz-Tiriac Asigurari, part of Germany's Allianz Group, in 2025 increased by 5.5% y-o-y, reaching nearly RON 4 billion (EUR 784.9 million), SeeNews reports.

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 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.

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.

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, 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.

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.

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.