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Romania Insurance Report Q1 2014

Romania Insurance Market: New market analysis released


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2014-02-10 00:07:02 - Romania Insurance Report Q1 2014 - a new market research report on companiesandmarkets.com

As of late 2013, our overall impression is that Romania´s insurance sector remains resilient in face of a number of challenges. In spite of the general softness of the economy and sales of cars in particular, there has not been a sharp contraction in non-life premiums. Premiums in the life segment have held up fairly well too, suggesting that - for those Romanians who can afford the regular premiums - life insurance is valued as a conduit for their savings.

As of late 2013, the overall impression of Romania´s insurance sector is one of resilience. Some countries in Central and Eastern Europe have suffered double-digit drops in non-life premiums. Others have endured similar contractions in their life segments. Romania does not

 

 

fall into either category. In short, the insurance sector has withstood a number of challenges, including the softness of the overall economy and sales of cars in particular.

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