Romanian insurance market may reach 4-5 pct of GDP in 5 years

The insurance market volume may reach almost 4-5% of the GDP in five years, Vice President of the Insurance Supervisory Commission (CSA), Cornel Coca-Constantinescu said.'The insurance market has high potential. Currently we are below 2% of GDP in terms of the insurance market volume, and I believe that the potential of this market is approximately 4%, even 5% of GDP in the long term, 5 years respectively,' he said.In the short term, ...

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