Insurance market grows 9% in Jan-Sep

The gross written premiums (GWP) of Romanian insurers increased 9% on the year to 8.13 billion lei ($1.9 billion/1.7 million euro) in the first nine months of 2019, the country's financial regulator ASF said. The local insurance market remained focused on general insurance, which accounted for 80% of the GWPs, ASF said in a press release on Wednesday. “The insurance market is starting to mature. We are seeing a ...

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