Romania
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.
18 December 2025Romania, 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.
4 December 2025Romania: 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
27 November 2025Bucharest 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.
27 November 2025STATISTICS: 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.
20 November 2025ROMANIA: 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).
13 November 2025ROMANIA: 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.
6 November 2025Generali 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.
6 November 2025Codruța 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.
30 October 2025Seven in ten Romanians say protecting their health and family is a top priority — but few actually have insurance
According to a new Allianz-Țiriac study, seven out of ten Romanians (70%) list protecting their own health and that of their family as a key priority for the year ahead. Yet, only a small fraction currently holds any form of health insurance.
23 October 2025UNSAR - new leadership for the next three years elected; Alexandru Ciuncan will serve another mandate as President of the association
The General Assembly of UNSAR – the National Union of Insurance and Reinsurance Companies of Romania, which brings together 21 insurers representing over 90% of the local market – has elected the members of its Board of Directors for a new three-year mandate.
24 September 2025Two investment companies step in as new shareholders of PAID Romania
Romania’s mandatory household insurance pool, PAID, is entering a new phase of consolidation after the Financial Supervisory Authority (ASF) approved the entry of two investment companies — Infinity Capital Investments and Gravity Capital Investments — into its shareholder structure.
18 September 2025ROMANIA: Beyond accidents, 60 CASCO-insured cars vandalized each day alongside other major risks
Beyond road accidents, which generate the largest claims for Motor Hull (CASCO) insurance contract, fires, floods, thefts and storms cause the most significant losses to vehicles covered by voluntary CASCO insurance. Moreover, the values of the average claims for each risk are constantly increasing.
9 September 2025ROMANIA: Insurance Market Awards Gala Celebrates Romanian insurers’ achievements at its 25th edition
Groupama, Allianz-Tiriac, Omniasig VIG, NN, and Generali won the major awards granted at the 25th Anniversary Edition of the Insurance Market Awards Gala, organized by XPRIMM, on 3 September 2025. The event gathered leading professionals from the insurance, brokerage, and related industries, marking a quarter of a century of recognition for outstanding achievements and contributions within the sector.
4 September 2025ROMANIA: Rising extreme weather underscores urgency of insurance protection
Romania is facing an alarming rise in extreme weather events, with floods, storms, and even tornadoes becoming more frequent and destructive, a recent Greenpeace Romania analysis, based on official RO-ALERT data from 2019–July 2025, shows. The trend strongly emphasizes the need to reduce the insurance protection deficit.
28 August 2025ROMANIA: Climate change is further amplifying challenges for motor insurers
Costly incidents such as collisions, thefts, fires, and increasingly frequent storms are putting growing pressure on vehicle owners. In this context, CASCO insurance has become an essential financial safety net for Romanian drivers, offering protection against both everyday risks and extreme events.
21 August 2025STATISTICS: ROMANIA, 1Q2025: foreign branches’ share in the MTPL business is increasing
The gross premiums written together by local insurers and foreign insurers’ branches operating on FOE totaled EUR 1.19 billion, 7.24% up y-o-y. Out of this total, GWP by the 14 branches operating in Romania under FOE accounted for about 12.5%.
14 August 2025Romania: Over 1,200 damage claims filed in just a few days after last week’s severe storms
Romanian insurers have already opened more than 1,200 damage claims in the wake of the violent storms that swept across several regions of Romania throughout the second week of July, data from UNSAR, the National Union of Insurance and Reinsurance Companies of Romania show.
17 July 2025ROMANIA: 20% surge in payouts from voluntary home insurance policies in Q1 2025
In the first quarter of this year, Romanian insurers paid over RON 41 million (~ EUR 8.2 million) in claims for homes damaged by unforeseen events and various risks - a notable 18% increase compared to the same period in 2024, according to UNSAR (The National Association of Insurance and Reinsurance Companies in Romania) data.
26 June 2025Infinity Capital Investments becomes new shareholder in PAID Romania
Infinity Capital Investments S.A., a Romanian financial investment company formerly known as SIF Oltenia, is set to become a significant shareholder in PAID Romania – the Natural Disaster Insurance Pool, the insurer managing the country’s mandatory home insurance scheme.
19 June 2025
