Romania

Location:
Southeastern Europe, bordering the Black Sea, between Bulgaria and Ukraine

Climate:
temperate; cold, cloudy winters with frequent snow and fog; sunny summers with frequent showers and thunderstorms




Natural hazards:

earthquakes, most severe in south and southwest; geologic structure and climate promote landslides

Currency: Leu (RON)
Currency conversions were calculed for an average exchange rate of:
RON 4.4446/EUR - in 2014
RON 4.4190/EUR - in 2013
RON 4.4560/EUR - in 2012
RON 4.2379/EUR - in 2011
RON 4.2099/EUR - in 2010

Sources:
Insurance PROFILE
Romanian Financial Supervisory Authority (FSA)
Romanian National Bank
National Association of the Insurance and Reinsurance Companies (UNSAR)

Insurance statistics

1Q2017Market Portfolioxlsx
1Q2017Insurance Companies Rankingsxlsx
FY2016Market portfolioxlsx
FY2016Insurance Companies Rankingsxlsx
3Q2016Market Portfolioxlsx
3Q2016Insurance Companies Rankingsxlsx
1H2016Market Portfolioxlsx
1H2016Insurance Companies Rankingsxlsx
1Q2016Market Portfolioxlsx
1Q2016Insurance Companies Rankingsxlsx
FY2015Market portfolioxlsx
FY2015Insurance Companies Rankingsxlsx
3Q2015Market portfolioxlsx
3Q2015Insurance Companies Rankingsxlsx
1H2015Market Portfolioxlsx
1H2015Insurance Companies Rankingsxlsx
1Q2015Market Portfolioxlsx
1Q2015Insurance Companies Rankingsxlsx
FY2014Market portfolioxlsx
FY2014Insurance Companies Rankingsxlsx
3Q2014Market Portfolioxlsx
3Q2014Insurance Companies Rankingsxlsx
1H2014Insurance market overview pdf
1H2014Market Portfolioxlsx
1H2014Insurance Companies Rankingsxlsx
1Q2014Market Portfolioxlsx
1Q2014Insurance Companies Rankingsxlsx
FY2013Insurance market overview pdf
FY2013Market Portfolio (according FSA)xlsx
FY2013Market Portfolioxlsx
FY2013Insurance Companies Rankingsxlsx
3Q2013Market Portfolioxlsx
3Q2013Insurance Companies Rankingsxlsx
1H2013Insurance market overview pdf
1H2013Market Portfolioxlsx
1H2013Insurance Companies Rankingsxlsx
1Q2013Insurance Companies Rankingsxlsx
1Q2013Market Portfolioxlsx
FY2012Insurance market overview pdf
FY2012Market Portfolioxlsx
FY2012Insurance Companies Rankingsxlsx
3Q2012Insurance Companies Rankingsxlsx
3Q2012Market Portfolioxlsx
1H2012Insurance market overview pdf
1H2012Insurance Companies Rankingsxlsx
1H2012Market Portfolioxlsx
1Q2012Insurance Companies Rankingsxlsx
1Q2012Market Portfolioxlsx
FY2011Insurance market overview pdf
FY2011Market Portfolioxlsx
FY2011Insurance Companies Rankingsxlsx
3Q2011Market Portfolioxlsx
3Q2011Insurance Companies Rankingsxlsx
1H2011Insurance market overviewpdf
1H2011Market portfolio and rankingsxlsx
2010
Insurance market overviewpdf
2010Market portfolio and rankingsxlsx
1H2009
Romanian insurance market overviewpdf
1H2009 Market portfolio xls
1H2009 Life insurance rankingsxls
1H2009
Non-Life insurance rankings
xls
2009Romanian insurance market overview pdf
2009Market portfolioxls
2009Life insurance rankingsxls
2009Non-Life insurance rankingsxls
1H2010Romanian insurance market overview (total & main lines)pdf
1H2010Market portfolioxls
1H2010Life insurance rankingsxls
1H2010Non-Life insurance rankings (total & main lines)xls


1Q2017 Market Portfolio

1Q2017 Insurance Companies Rankings

EUROINS Romania acquires the non-life portfolio of ATE Insurance Romania

EUROINS Romania, part of Bulgarian EUROINS Insurance Group (EIG), has reached an agreement to acquire the non-life insurance portfolio of ATE Insurance Romania, a subsidiary of PIRAEUS Bank - a leading  banking institution in Greece. The deal was signed on January 19th, 2017. "The deal is subject to customary regulatory approvals", the EIG representative pointed out in a press release.

Consumer Protection, top priority for European authorities and driving factor of the insurance industry's reshape - under debate in Vienna next February

"Protection of consumers, investors and policyholders is the top priority for each European Supervisory Authority," pointed out Gabriel BERNARDINO, Chairman of EIOPA and of the Joint Committee of the three European Supervisory Authorities (EBA, ESMA, EIOPA- ESAs) on the occasion of the Steering Committee of the EU - U.S. Insurance Project hosted in Frankfurt on 19 October, a Public Forum to address the challenges of increased globalization of the insurance market and to define the areas of work for the coming year.

ICAR 2016 - Main takeaways

Climate change and natural catastrophes were among the main aspects debated during the 13th edition of ICAR - The International CAtastrophic Risks Forum. The international event, which was organized on October 11, 2016, in Bucharest, Romania, gathered professionals from the United States, the United Kingdom, and Germany, as well as Romania, who talked about the management of Nat Cat risks in the current context.