Romania Insurance Report Q2 2018
Romania has a very underdeveloped insurance market, perhaps best exemplified by the fact that the motor sector takesmore than 70.0% of premiums in the non-life market. All markets are coming from a low base. This should ensure strong growthacross our forecast period in both the life and non-life sectors, even as GDP growth adjusts from a very rapid 7.0% in 2017 to (a stillrobust) 4.0% (+/-0.2%) over the next couple of years. Premium growth in USD terms will be especially strong, due to an appreciationof the Romanian leu.
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