Brokered Insurance Premiums In Romania Up 3.6% In Jan-Sept To RON2.4B
Insurance brokers in Romania brokered premiums of 2.39 billion lei (EUR549 million) in the first nine months of 2011, up 3.6% on the year, whose weight in the overall insurance market increased by 2.8 percentage points, to 39.4%.
Underwritten premiums on the general and life insurance segment dropped 3.7% in the analyzed timeframe to RON6.08 billion, according to data announced by insurance regulator CSA.
According to CSA, the number of authorized insurance/reinsurance brokers reached 567 at the end of 2010.
On the general insurance segment, they brokered underwritten premiums amounting to RON2.34 billion between January-September, up 4.28% on the year, while on the life insurance segment the volume of brokered premiums fell 17.3% to RON57.34 billion. The insurance market climbed 5.4% to RON1.29 billion.
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