Romania Insurance Q4 2020

Romania Insurance Q4 2020

Key View:

The short-term outlook for Romania's insurance industry has been weakened by the economic fallout of the Covid-19pandemic. Real GDP is expected to contract by 4.4% in 2020 and will have a knock-on effect on employment and income rates inthe country, as well as dampen consumer and investor confidence. As a result, we now expect more subdued growth in the keymotor insurance segment as well as a contraction in transport insurance due to weaker external trade. In contrast, the healthsegment will maintain robust double-digit growth as consumer awareness of the potential benefits of cover improves.

Key View
Insurance SWOT
Industry Forecast
Life Premiums Forecast
Non-Life Premiums Forecast
Non-Life Sub-Sector Forecast
Industry Risk/Reward Index
Emerging Europe Insurance Risk/Reward Index
Market Overview
Life Market Overview
Non-Life Market Overview
Company Profile
Vienna Insurance Group
Insurance Methodology

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