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Life Insurance in Romania, Key Trends and Opportunities to 2017 - Product Image

Life Insurance in Romania, Key Trends and Opportunities to 2017

  • Published: May 2014
  • Region: Romania
  • 239 Pages
  • Timetric

FEATURED COMPANIES

  • BRD Asigurari de Viata SA
  • Generali Asigurari SA
  • Groupama Asigurari SA"
  • ING Asigurari de Viata SA
  • Metropolitan Asigurari SA
  • MORE

The report provides in-depth market analysis, information and insights into the Romanian life insurance segment, including:

- The Romanian life insurance segment’s growth prospects by life insurance categories

- Key trends and drivers for the life insurance segment

- The various distribution channels in the Romanian life insurance segment

- The detailed competitive landscape in the life insurance segment in Romania

- Detailed regulatory policies of the Romanian insurance industry

- A description of the life reinsurance segment in Romania

- Porter's Five Forces analysis of the life insurance segment

- A benchmarking section on the Romanian life insurance segment in comparison with other countries in the Central and Eastern European Region

Summary

Life insurance is the second-largest segment in the country’s insurance industry, accounting for 21% of gross written premium in 2012. The main reason for the decline in gross written premium during the review period is the global financial crisis of 2008 which adversely impacted the Romanian economy, producing high unemployment rates, a high budget deficit, READ MORE >

1 Executive Summary

2 Introduction
2.1 What is this Report About?
2.2 Definitions
2.3 Methodology

3 Regional Market Dynamics
3.1 Overview
3.1.1 Market trends
3.1.2 Market size

4 Life Insurance - Regional Benchmarking
4.1 Scale and Penetration
4.1.1 Total gross written premium
4.1.2 Premium per capita
4.1.3 Life insurance penetration
4.2 Growth
4.2.1 Gross written premium
4.2.2 Gross written premium per capita
4.3 Efficiency and Risk
4.3.1 Loss ratio
4.3.2 Combined ratio
4.3.3 Incurred losses per capita
4.3.4 Incurred losses as a percentage of GDP
4.4 Distribution Channels
4.4.1 Direct marketing
4.4.2 Insurance brokers
4.4.3 Bancassurance
4.4.4 Agencies

5 Romanian Insurance Industry Attractiveness
5.1 Insurance Industry Size, 2008-2017
5.2 Key Industry Trends and Drivers

6 Life Insurance Outlook
6.1 Life Insurance Growth Prospects by Category
6.1.1 Individual life insurance
6.1.2 Individual marriage and birth insurance
6.1.3 Individual unit-linked insurance
6.2 Life Insurance Growth Prospects by Product Type
6.2.1 Individual single-premium policies
6.2.2 Individual non-single-premium policies

7 Analysis by Distribution Channel
7.1 Direct Marketing
7.2 Bancassurance
7.3 Agencies
7.4 E-Commerce
7.5 Brokers
7.6 Other Channels

8 Porter’s Five Forces Analysis - Romanian Life Insurance
8.1 Bargaining Power of Suppliers: Low
8.2 Bargaining Power of Buyers: Medium to High
8.3 Barriers to Entry: Low
8.4 Intensity of Rivalry: Medium to High
8.5 Threat of Substitutes: Low to Medium
9 Reinsurance Growth Dynamics and Challenges
9.1 Reinsurance Segment Size, 2008-2017
9.2 Reinsurance segment size by type of insurance, 2008-2017

10 Governance, Risk and Compliance
10.1 Legislation Overview and Historical Evolution
10.2 Legislation and Market Practice by Type of Insurance
10.2.1 Life insurance
10.2.2 Property insurance
10.2.3 Motor insurance
10.2.4 Marine, aviation and transit insurance
10.2.5 Personal accident and health insurance
10.3 Compulsory Insurance
10.3.1 Motor third-party liability insurance
10.3.2 Insurance of dwellings against earthquakes, landslides and flooding
10.3.3 Nuclear liability insurance
10.3.4 Social security insurance
10.4 Supervision and Control
10.4.1 International Association of Insurance Supervisors
10.4.2 European Insurance and Occupational Pensions Authority
10.4.3 Insurance Supervisory Commission
10.5 Non-Admitted Insurance Regulations
10.5.1 Overview
10.5.2 Intermediaries
10.5.3 Market practices
10.5.4 Fines and penalties
10.6 Company Registration and Operations
10.6.1 Types of insurance organization
10.6.2 Establishing a local company
10.6.3 Foreign ownership
10.6.4 Types of license
10.6.5 Capital requirements
10.6.6 Solvency margins
10.6.7 Reserve requirements
10.6.8 Investment regulations
10.6.9 Statutory return requirements
10.6.10 Fee structure
10.7 Taxation
10.7.1 Insurance premium or policy taxation
10.7.2 Withholding taxes on premium paid overseas
10.7.3 Corporate tax
10.7.4 VAT
10.7.5 Captives
10.8 Legal System
10.8.1 Introduction
10.8.2 Access to court
10.8.3 Alternative dispute resolution (ADR)

11 Competitive Landscape and Strategic Insights
11.1 Overview
11.2 Leading Companies in the Romanian Life Insurance Segment
11.3 Comparison of the Five Leading Insurers
11.3.1 Gross written premium
11.3.2 Net Earned Premium
11.3.3 Gross claims
11.3.4 Assets
11.4 ING Asigurari de Viata SA - Company Overview
11.4.1 ING Asigurari de Viata SA - key facts
11.4.2 ING Asigurari de Viata SA - key financials
11.5 BCR Asigurari de Viata Vienna Insurance Group SA - Company Overview
11.5.1 BCR Asigurari de Viata Vienna Insurance Group SA - key facts
11.5.2 BCR Asigurari de Viata Vienna Insurance Group SA - key financials
11.6 Alico Asigurari Romania SA - Company Overview
11.6.1 Alico Asigurari Romania SA - key facts
11.6.2 Alico Asigurari Romania SA - key financials
11.7 Allianz-Tiriac Asigurari SA - Company Overview
11.7.1 Allianz-Tiriac Asigurari SA - key facts
11.7.2 Allianz-Tiriac Asigurari SA - key financials
11.8 Asirom Vienna Insurance Group SA - Company Overview
11.8.1 Asirom Vienna Insurance Group SA - key facts
11.8.2 Asirom Vienna Insurance Group SA - key financials
11.9 Generali Romania SA - Company Overview
11.9.1 Generali Romania SA - key facts
11.9.2 Generali Romania SA - key financial
11.1 Metropolitan Asigurari SA - Company Overview
11.10.1 Metropolitan Asigurari SA - key facts
11.10.2 Metropolitan Asigurari SA - key financials
11.11 BRD Asigurari de Viata SA - Company Overview
11.11.1 BRD Asigurari de Viata SA - key facts
11.11.2 BRD Asigurari de Viata SA - key financials
11.12 Grawe Romania Asigurare SA - Company Overview
11.12.1 Grawe Romania Asigurare SA - key facts
11.12.2 Grawe Romania Asigurare SA - key financials
11.13 Groupama Asigurari SA - Company Overview
11.13.1 Groupama Asigurari SA - key facts
11.13.2 Groupama Asigurari SA - key financials

12 Business Environment and Country Risk
12.1 Business Confidence
12.1.1 Market capitalization trend - Bucharest Stock Exchange, Romania
12.2 Economic Performance
12.2.1 GDP at constant prices (US$)
12.2.2 GDP per capita at constant prices (US$)
12.2.3 GDP at current prices (US$)
12.2.4 GDP per capita at current prices (US$)
12.2.5 GDP by key segments
12.2.6 Agriculture net output at current prices (US$)
12.2.7 Agriculture net output at current prices as a percentage of GDP
12.2.8 Manufacturing net output at current prices (US$)
12.2.9 Manufacturing net output at current prices as a percentage of GDP
12.2.10 Mining, manufacturing and utilities at current prices (US$)
12.2.11 Mining, manufacturing and utilities at current prices, as percentage of GDP
12.2.12 Construction net output at current prices, (US$)
12.2.13 Construction net output at current prices as a percentage of GDP
12.2.14 Inflation rate
12.2.15 Exports as a percentage of GDP
12.2.16 Imports as a percentage of GDP
12.2.17 Merchandise exports growth
12.2.18 Merchandise imports growth
12.2.19 Annual average exchange rate EUR-US$
12.3 Infrastructure
12.3.1 Commercial vehicles exports - total value
12.3.2 Commercial vehicles imports - total value
12.3.3 Automotive exports - total value
12.3.4 Automotive imports - total value
12.3.5 Total internet subscribers
12.4 Labor Force
12.4.1 Labor force
12.4.2 Unemployment rate
12.5 Demographics
12.5.1 Gross national disposable income (US$)
12.5.2 Household consumption expenditure (US$)
12.5.3 Total population
12.5.4 Urban and rural populations
12.5.5 Age distribution of the total population

13 Appendix
13.1 Methodology
13.2 Contact
13.3 Timetric
13.4 Services
13.5 Disclaimer

List of Tables

Table 1: Insurance Industry Definitions
Table 2: Romanian Insurance - Overall Written Premium by Segment (RON Billion), 2008-2012
Table 3: Romanian Insurance - Overall Written Premium by Segment (US$ Billion), 2008-2012
Table 4: Romanian Insurance - Overall Written Premium by Segment (RON Billion), 2012-2017
Table 5: Romanian Insurance - Overall Written Premium by Segment (US$ Billion), 2012-2017
Table 6: Romanian Insurance - Segmentation (Percentage Share), 2008-2017
Table 7: Romanian Life Insurance - Written Premium by Category (RON Million), 2008-2012
Table 8: Romanian Life Insurance - Written Premium by Category (US$ Million), 2008-2012
Table 9: Romanian Life Insurance - Written Premium by Category (RON Million), 2012-2017
Table 10: Romanian Life Insurance - Written Premium by Category (US$ Million), 2012-2017
Table 11: Romanian Life Insurance - Earned Premium (RON Billion), 2008-2012
Table 12: Romanian Life Insurance - Earned Premium (RON Billion), 2012-2017
Table 13: Romanian Life Insurance - Sum Assured (RON Billion), 2008-2012
Table 14: Romanian Life Insurance - Sum Assured (RON Billion), 2012-2017
Table 15: Romanian Life Insurance - Paid Claims (RON Billion), 2008-2012
Table 16: Romanian Life Insurance - Paid Claims (RON Billion), 2012-2017
Table 17: Romanian Life Insurance - Incurred Loss (RON Billion), 2008-2012
Table 18: Romanian Life Insurance - Incurred Loss (RON Billion), 2012-2017
Table 19: Romanian Life Insurance - Loss Ratio (%), 2008-2012
Table 20: Romanian Life Insurance - Loss Ratio (%), 2012-2017
Table 21: Romanian Life Insurance - Commissions and Expenses (RON Billion), 2008-2012
Table 22: Romanian Life Insurance - Commissions and Expenses (RON Billion), 2012-2017
Table 23: Romanian Life Insurance - Combined Ratio (%), 2008-2012
Table 24: Romanian Life Insurance - Combined Ratio (%), 2012-2017
Table 25: Romanian Life Insurance - Frauds and Crimes (RON Million), 2008-2012
Table 26: Romanian Life Insurance - Frauds and Crimes (RON Million), 2012-2017
Table 27: Romanian Life Insurance - Total Assets (RON Billion), 2008-2012
Table 28: Romanian Life Insurance - Total Assets (RON Billion), 2012-2017
Table 29: Romanian Life Insurance - Total Investment Income (RON Billion), 2008-2012
Table 30: Romanian Life Insurance - Total Investment Income (RON Billion), 2012-2017
Table 31: Romanian Life Insurance - Retentions (RON Billion), 2008-2012
Table 32: Romanian Life Insurance - Retentions (RON Billion), 2012-2017
Table 33: Romanian Individual Life Insurance - Number of Active Policies (Thousand), 2008-2012
Table 34: Romanian Individual Life Insurance - Number of Active Policies, 2012-2017
Table 35: Romanian Individual Life Insurance - Written Premium (RON Billion), 2008-2012
Table 36: Romanian Individual Life Insurance - Written Premium (RON Billion), 2012-2017
Table 37: Romanian Individual Marriage and Birth Insurance - Number of Active Policies (Thousand), 2008-2012
Table 38: Romanian Individual Marriage and Birth Insurance - Number of Active Policies (Thousand), 2012-2017
Table 39: Romanian Individual Marriage and Birth Insurance - Written Premium (RON Million), 2008-2012
Table 40: Romanian Individual Marriage and Birth Insurance - Written Premium (RON Million), 2012-2017
Table 41: Romanian Individual Unit-Linked Insurance - Number of Active Policies (Thousand), 2008-2012
Table 42: Romanian Individual Unit-Linked Insurance - Number of Active Policies (Thousand), 2012-2017
Table 43: Romanian Individual Unit-Linked Insurance - Written Premium (RON Billion), 2008-2012
Table 44: Romanian Individual Unit-Linked Insurance - Written Premium (RON Billion), 2012-2017
Table 45: Romanian Individual Single-Premium Insurance - Number of Active Policies (Thousand), 2008-2012
Table 46: Romanian Individual Single-Premium Insurance - Number of Active Policies (Thousand), 2012-2017
Table 47: Romanian Individual Single-Premium Insurance - Written Premium (RON Billion), 2008-2012
Table 48: Romanian Individual Single-Premium Insurance - Written Premium (RON Billion), 2012-2017
Table 49: Romanian Individual Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2008-2012
Table 50: Romanian Individual Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2012-2017
Table 51: Romanian Individual Non-Single-Premium Insurance - Written Premium (RON Billion), 2008-2012
Table 52: Romanian Individual Non-Single-Premium Insurance - Written Premium (RON Billion), 2012-2017
Table 53: Romanian Life Insurance - Direct Marketing Commission Paid (RON Million), 2008-2012
Table 54: Romanian Life Insurance - Direct Marketing Commission Paid (RON Million), 2012-2017
Table 55: Romanian Life Insurance - New Business Written Premium Through Direct Marketing (RON Million), 2008-2012
Table 56: Romanian Life Insurance - New Business Written Premium Through Direct Marketing (RON Million), 2012-2017
Table 57: Romanian Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2008-2012
Table 58: Romanian Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2012-2017
Table 59: Romanian Life Insurance - Number of Direct Marketing Distributors, 2008-2012
Table 60: Romanian Life Insurance - Number of Direct Marketing Distributors, 2012-2017
Table 61: Romanian Life Insurance - Bancassurance Commission Paid (RON Million), 2008-2012
Table 62: Romanian Life Insurance - Bancassurance Commission Paid (RON Million), 2012-2017
Table 63: Romanian Life Insurance - New Business Written Premium Through Bancassurance (RON Million), 2008-2012
Table 64: Romanian Life Insurance - New Business Written Premium Through Bancassurance (RON Million), 2012-2017
Table 65: Romanian Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2008-2012
Table 66: Romanian Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2012-2017
Table 67: Romanian Life Insurance - Number of Bancassurance Distributors, 2008-2012
Table 68: Romanian Life Insurance - Number of Bancassurance Distributors, 2012-2017
Table 69: Romanian Life Insurance - Commission Paid to Agencies (RON Million), 2008-2012
Table 70: Romanian Life Insurance - Commission Paid to Agencies (RON Million), 2012-2017
Table 71: Romanian Life Insurance - New Business Written Premium Through Agencies (RON Billion), 2008-2012
Table 72: Romanian Life Insurance - New Business Written Premium Through Agencies (RON Billion), 2012-2017
Table 73: Romanian Life Insurance - New Policies Sold Through Agencies (Thousand), 2008-2012
Table 74: Romanian Life Insurance - New Policies Sold Through Agencies (Thousand), 2012-2017
Table 75: Romanian Life Insurance - Number of Agencies, 2008-2012
Table 76: Romanian Life Insurance - Number of Agencies, 2012-2017
Table 77: Romanian Life Insurance - E-Commerce Commission Paid (RON), 2008-2012
Table 78: Romanian Life Insurance - E-Commerce Commission Paid (RON), 2012-2017
Table 79: Romanian Life Insurance - New Business Written Premium Through E-Commerce (RON), 2008-2012
Table 80: Romanian Life Insurance - New Business Written Premium Through E-Commerce (RON), 2012-2017
Table 81: Romanian Life Insurance - New Policies Sold Through E-Commerce, 2008-2012
Table 82: Romanian Life Insurance - New Policies Sold Through E-Commerce, 2012-2017
Table 83: Romanian Life Insurance - Number of E-Commerce Distributors, 2008-2012
Table 84: Romanian Life Insurance - Number of E-Commerce Distributors, 2012-2017
Table 85: Romanian Life Insurance - Commission Paid to Brokers (RON Billion), 2008-2012
Table 86: Romanian Life Insurance - Commission Paid to Brokers (RON Billion), 2012-2017
Table 87: Romanian Life Insurance - New Business Written Premium Through Brokers (RON Billion), 2008-2012
Table 88: Romanian Life Insurance - New Business Written Premium Through Brokers (RON Billion), 2012-2017
Table 89: Romanian Life Insurance - New Policies Sold Through Brokers (Thousand), 2008-2012
Table 90: Romanian Life Insurance - New Policies Sold Through Brokers (Thousand), 2012-2017
Table 91: Romanian Life Insurance - Number of Brokers, 2008-2012
Table 92: Romanian Life Insurance - Number of Brokers, 2012-2017
Table 93: Romanian Life Insurance - Commission Paid to Other Channels (RON Million), 2008-2012
Table 94: Romanian Life Insurance - Commission Paid to Other Channels (RON Million), 2012-2017
Table 95: Romanian Life Insurance - New Business Written Premium Through Other Channels (RON Million), 2008-2012
Table 96: Romanian Life Insurance - New Business Written Premium Through Other Channels (RON Million), 2012-2017
Table 97: Romanian Life Insurance - New Policies Sold Through Other Channels (Thousand), 2008-2012
Table 98: Romanian Life Insurance - New Policies Sold Through Other Channels (Thousand), 2012-2017
Table 99: Romanian Life Insurance - Number of Distributors in Other Channels, 2008-2012
Table 100: Romanian Life Insurance - Number of Distributors in Other Channels, 2012-2017
Table 101: Reinsurance in Romania by Category (RON Million), 2008-2012
Table 102: Reinsurance in Romania by Category (US$ Million), 2008-2012
Table 103: Reinsurance in Romania by Category (RON Million), 2012-2017
Table 104: Reinsurance in Romania by Category (US$ Million), 2012-2017
Table 105: Romanian Premium Ceded to Reinsurance by Type of Insurance (RON Million), 2008-2012
Table 106: Romanian Premium Ceded to Reinsurance by Type of Insurance (US$ Million), 2008-2012
Table 107: Romanian Premium Ceded to Reinsurance by Type of Insurance (RON Million), 2012-2017
Table 108: Romanian Premium Ceded to Reinsurance by Type of Insurance (US$ Million), 2012-2017
Table 109: Romanian Life Insurance - Percentage of Reinsurance Ceded (%), 2008-2012
Table 110: Romanian Life Insurance - Percentage of Reinsurance Ceded (%), 2012-2017
Table 111: Romania - Life Insurance Regulatory Framework
Table 112: Romania - Property Insurance Regulatory Framework
Table 113: Romania - Motor Insurance Regulatory Framework
Table 114: Romania- Corporate Taxes for Financial Year 2013
Table 115: Shares of Key Insurers in the Romanian Life Insurance Segment (%), 2012
Table 116: ING Asigurari de Viata SA, Key Facts
Table 117: ING Asigurari de Viata SA, Key Financials (RON Million), 2008-2012
Table 118: BCR Asigurari de Viata Vienna Insurance Group SA, Key Facts
Table 119: BCR Asigurari de Viata Vienna Insurance Group SA, Key Financials (RON Million), 2008-2012
Table 120: Alico Asigurari Romania SA, Key Facts
Table 121: Alico Asigurari Romania SA, Key Financials (RON Million), 2008-2012
Table 122: Allianz-Tiriac Asigurari SA, Key Facts
Table 123: Allianz-Tiriac Asigurari SA, Key Financials (RON Million), 2008-2012
Table 124: Asirom Vienna Insurance Group SA, Key Facts
Table 125: Asirom Vienna Insurance Group SA, Key Financials (RON Million), 2008-2012
Table 126: Generali Romania SA, Key Facts
Table 127: Generali Romania SA, Key Financials (RON Million), 2012
Table 128: Metropolitan Asigurari SA, Key Facts
Table 129: Metropolitan Asigurari SA, Key Financials (RON Million), 2008-2012
Table 130: BRD Asigurari de Viata SA, Key Facts
Table 131: BRD Asigurari de Viata SA, Key Financials (RON Million), 2009-2012
Table 132: Grawe Romania Asigurare SA, Key Facts
Table 133: Grawe Romania Asigurare SA, Key Financials (RON Million), 2008-2012
Table 134: Groupama Asigurari SA, Key Facts
Table 135: Groupama Asigurari SA, Key Financials (RON Million), 2009-2012

List of Figures

Figure 1: Central and Eastern European Region - Economies and Populations, 2012
Figure 2: Central and Eastern European Region - Growth Trends in the Insurance Industry (%), 2007-2017
Figure 3: Central and Eastern European Region - Total Industry Values by Segment (US$ Billion), 2012
Figure 4: Central and Eastern European Region - Life Insurance Gross Written Premium Growth (%), 2007-2017
Figure 5: Central and Eastern European Region - Life Insurance Premium Per Capita Growth (%), 2012
Figure 6: Central and Eastern European Region - Life Insurance Penetration (%), 2012 and 2017
Figure 7: Central and Eastern European Region - Life Insurance Gross Written Premium Growth (%), 2008-2017
Figure 8: Central and Eastern European Region - Life Insurance Gross Written Premium per Capita Growth (%), 2008-2017
Figure 9: Central and Eastern European Region - Life Insurance Loss Ratio (%), 2012 and 2017
Figure 10: Central and Eastern European Region - Life Insurance Combined Ratios (%), 2012 and 2017
Figure 11: Central and Eastern European Region - Life Insurance Incurred Losses Per Capita (US$), 2012 and 2017
Figure 12: Central and Eastern European Region - Life Insurance Incurred Losses as a Percentage of GDP (%), 2012 and 2017
Figure 13: Central and Eastern European Region - Direct Marketing’s Share of Life Insurance New Business Gross Written Premium (%), 2008-2017
Figure 14: Central and Eastern European Region - Insurance Brokers’ Share of Life Insurance New Business Gross Written Premium (%), 2008-2017
Figure 15: Central and Eastern European Region - Bancassurance’s Share of Life Insurance New Business Gross Written Premium (%), 2008-2017
Figure 16: Central and Eastern European Region - Agencies’ Share of Life Insurance New Business Gross Written Premium (%), 2008-2017
Figure 17: Romanian Insurance - Overall Written Premium by Segment (RON Billion), 2008-2017
Figure 18: Romanian Insurance - Dynamics by Segment (%), 2008-2017
Figure 19: Romanian Life Insurance - Written Premium by Category (RON Billion), 2008-2017
Figure 20: Romanian Life Insurance - Written Premium by Category (% Share), 2012 and 2017
Figure 21: Romanian Life Insurance - Dynamics by Category, 2008-2017
Figure 22: Romanian Life Insurance - Earned Premium (RON Billion), 2008-2012
Figure 23: Romanian Life Insurance - Earned Premium (RON Billion), 2012-2017
Figure 24: Romanian Life Insurance - Sum Assured (RON Billion), 2008-2012
Figure 25: Romanian Life Insurance - Sum Assured (RON Billion), 2012-2017
Figure 26: Romanian Life Insurance - Paid Claims (RON Billion), 2008-2012
Figure 27: Romanian Life Insurance - Paid Claims (RON Billion), 2012-2017
Figure 28: Romanian Life Insurance - Incurred Loss (RON Billion), 2008-2012
Figure 29: Romanian Life Insurance - Incurred Loss (RON Billion), 2012-2017
Figure 30: Romanian Life Insurance - Loss Ratio (%), 2008-2012
Figure 31: Romanian Life Insurance - Loss Ratio (%), 2012-2017
Figure 32: Romanian Life Insurance - Commissions and Expenses (RON Billion), 2008-2012
Figure 33: Romanian Life Insurance - Commissions and Expenses (RON Billion), 2012-2017
Figure 34: Romanian Life Insurance - Combined Ratio (%), 2008-2012
Figure 35: Romanian Life Insurance - Combined Ratio (%), 2012-2017
Figure 36: Romanian Life Insurance - Frauds and Crimes (RON Million), 2008-2012
Figure 37: Romanian Life Insurance - Frauds and Crimes (RON Million), 2012-2017
Figure 38: Romanian Life Insurance - Total Assets (RON Billion), 2008-2012
Figure 39: Romanian Life Insurance - Total Assets (RON Billion), 2012-2017
Figure 40: Romanian Life Insurance - Total Investment Income (RON Billion), 2008-2012
Figure 41: Romanian Life Insurance - Total Investment Income (RON Billion), 2012-2017
Figure 42: Romanian Life Insurance - Retentions (RON Billion), 2008-2012
Figure 43: Romanian Life Insurance - Retentions (RON Billion), 2012-2017
Figure 44: Romanian Life Insurance - Investment Portfolio (RON Billion), 2008-2012
Figure 45: Romanian Life Insurance - Investment Portfolio, 2008 and 2012
Figure 46: Romanian Life Insurance - Penetration (%), 2008-2012
Figure 47: Romanian Life Insurance - Density (Number of Policies per Capita), 2008-2012
Figure 48: Romanian Life Insurance - Number of Active Policies (Thousand), 2008-2012
Figure 49: Romanian Life Insurance - Number of Active Policies (Thousand), 2012-2017
Figure 50: Romanian Life Insurance - Premium Per-capita (RON), 2008-2012
Figure 51: Romanian Individual Life Insurance - Number of Active Policies (Thousand), 2008-2012
Figure 52: Romanian Individual Life Insurance - Number of Active Policies (Thousand), 2012-2017
Figure 53: Romanian Individual Life Insurance - Written Premium (RON Billion), 2008-2012
Figure 54: Romanian Individual Life Insurance - Written Premium (RON Billion), 2012-2017
Figure 55: Romanian Individual Marriage and Birth Insurance - Number of Active Policies (Thousand), 2008-2012
Figure 56: Romanian Individual Marriage and Birth Insurance - Number of Active Policies (Thousand), 2012-2017
Figure 57: Romanian Individual Marriage and Birth Insurance - Written Premium (RON Million), 2008-2012
Figure 58: Romanian Individual Marriage and Birth Insurance - Written Premium (RON Million), 2012-2017
Figure 59: Romanian Individual Unit-Linked Insurance - Number of Active Policies (Thousand), 2008-2012
Figure 60: Romanian Individual Unit-Linked Insurance - Number of Active Policies (Thousand), 2012-2017
Figure 61: Romanian Individual Unit-Linked Insurance - Written Premium (RON Billion), 2008-2012
Figure 62: Romanian Individual Unit-Linked Insurance - Written Premium (RON Billion), 2012-2017
Figure 63: Romanian Individual Single-Premium Insurance - Number of Active Policies (Thousand), 2008-2012
Figure 64: Romanian Individual Single-Premium Insurance - Number of Active Policies (Thousand), 2012-2017
Figure 65: Romanian Individual Single-Premium Insurance - Written Premium (RON Billion), 2008-2012
Figure 66: Romanian Individual Single-Premium Insurance - Written Premium (RON Billion), 2012-2017
Figure 67: Romanian Individual Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2008-2012
Figure 68: Romanian Individual Non-Single-Premium Insurance - Number of Active Policies (Thousand), 2012-2017
Figure 69: Romanian Individual Non-Single-Premium Insurance - Written Premium (RON Billion), 2008-2012
Figure 70: Romanian Individual Non-Single-Premium Insurance - Written Premium (RON Billion), 2012-2017
Figure 71: Romanian Life Insurance - New Business Written Premium by Distribution Channel (% Share), 2012 and 2017
Figure 72: Romanian Life Insurance - Direct Marketing Commission Paid (RON Million), 2008-2012
Figure 73: Romanian Life Insurance - Direct Marketing Commission Paid (RON Million), 2012-2017
Figure 74: Romanian Life Insurance - New Business Written Premium Through Direct Marketing (RON Million), 2008-2012
Figure 75: Romanian Life Insurance - New Business Written Premium Through Direct Marketing (RON Million), 2012-2017
Figure 76: Romanian Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2008-2012
Figure 77: Romanian Life Insurance - New Policies Sold Through Direct Marketing (Thousand), 2012-2017
Figure 78: Romanian Life Insurance - Number of Direct Marketing Distributors, 2008-2012
Figure 79: Romanian Life Insurance - Number of Direct Marketing Distributors, 2012-2017
Figure 80: Romanian Life Insurance - Bancassurance Commission Paid (RON Million), 2008-2012
Figure 81: Romanian Life Insurance - Bancassurance Commission Paid (RON Million), 2012-2017
Figure 82: Romanian Life Insurance - New Business Written Premium Through Bancassurance (RON Million), 2008-2012
Figure 83: Romanian Life Insurance - New Business Written Premium Through Bancassurance (RON Million), 2012-2017
Figure 84: Romanian Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2008-2012
Figure 85: Romanian Life Insurance - New Policies Sold Through Bancassurance (Thousand), 2012-2017
Figure 86: Romanian Life Insurance - Number of Bancassurance Distributors, 2008-2012
Figure 87: Romanian Life Insurance - Number of Bancassurance Distributors, 2012-2017
Figure 88: Romanian Life Insurance - Commission Paid to Agencies (RON Million), 2008-2012
Figure 89: Romanian Life Insurance - Commission Paid to Agencies (RON Million), 2012-2017
Figure 90: Romanian Life Insurance - New Business Written Premium Through Agencies (RON Billion), 2008-2012
Figure 91: Romanian Life Insurance - New Business Written Premium Through Agencies (RON Billion), 2012-2017
Figure 92: Romanian Life Insurance - New Policies Sold Through Agencies (Thousand), 2008-2012
Figure 93: Romanian Life Insurance - New Policies Sold Through Agencies (Thousand), 2012-2017
Figure 94: Romanian Life Insurance - Number of Agencies, 2008-2012
Figure 95: Romanian Life Insurance - Number of Agencies, 2012-2017
Figure 96: Romanian Life Insurance - E-Commerce Commission Paid (RON), 2008-2012
Figure 97: Romanian Life Insurance - E-Commerce Commission Paid (RON), 2012-2017
Figure 98: Romanian Life Insurance - New Business Written Premium Through E-Commerce (RON), 2008-2012
Figure 99: Romanian Life Insurance - New Business Written Premium Through E-Commerce (RON), 2012-2017
Figure 100: Romanian Life Insurance - New Policies Sold Through E-Commerce, 2008-2012
Figure 101: Romanian Life Insurance - New Policies Sold Through E-Commerce, 2012-2017
Figure 102: Romanian Life Insurance - Number of E-Commerce Distributors, 2008-2012
Figure 103: Romanian Life Insurance - Number of E-Commerce Distributors, 2012-2017
Figure 104: Romanian Life Insurance - Commission Paid to Brokers (RON Billion), 2008-2012
Figure 105: Romanian Life Insurance - Commission Paid to Brokers (RON Billion), 2012-2017
Figure 106: Romanian Life Insurance - New Business Written Premium Through Brokers (RON Billion), 2008-2012
Figure 107: Romanian Life Insurance - New Business Written Premium Through Brokers (RON Billion), 2012-2017
Figure 108: Romanian Life Insurance - New Policies Sold Through Brokers (Thousand), 2008-2012
Figure 109: Romanian Life Insurance - New Policies Sold Through Brokers (Thousand), 2012-2017
Figure 110: Romanian Life Insurance - Number of Brokers, 2008-2012
Figure 111: Romanian Life Insurance - Number of Brokers, 2012-2017
Figure 112: Romanian Life Insurance - Commission Paid to Other Channels (RON Million), 2008-2012
Figure 113: Romanian Life Insurance - Commission Paid to Other Channels (RON Million), 2012-2017
Figure 114: Romanian Life Insurance - New Business Written Premium Through Other Channels (RON Million), 2008-2012
Figure 115: Romanian Life Insurance - New Business Written Premium Through Other Channels (RON Million), 2012-2017
Figure 116: Romanian Life Insurance - New Policies Sold Through Other Channels (Thousand), 2008-2012
Figure 117: Romanian Life Insurance - New Policies Sold Through Other Channels (Thousand), 2012-2017
Figure 118: Romanian Life Insurance - Number of Distributors in Other Channels, 2008-2012
Figure 119: Romanian Life Insurance - Number of Distributors in Other Channels, 2012-2017
Figure 120: Romanian Life Insurance - Porter’s Five Forces Analysis
Figure 121: Romanian Premium Ceded to Reinsurance by Category (RON Million), 2008-2017
Figure 122: Romanian Premium Ceded to Reinsurance by Category (Percentage Share), 2012 and 2017
Figure 123: Romanian Reinsurance - Dynamics by Category (%), 2008-2017
Figure 124: Romanian Premium Ceded to Reinsurance by Type of Insurance (RON Million), 2008-2017
Figure 125: Romanian Reinsurance - Dynamics by Type of Insurance (%), 2008-2017
Figure 126: Romanian Life Insurance - Percentage of Reinsurance Ceded (%), 2008-2012
Figure 127: Romanian Life Insurance - Percentage of Reinsurance Ceded (%), 2012-2017
Figure 128: Romania - Insurance Regulatory Framework
Figure 129: Romania - The Three Pillars of Solvency II
Figure 130: Romania - Insurance Supervision and Control at Various Levels
Figure 131: Romania - Insurance Regulatory Frameworks for Company Registration and Operation
Figure 132: Shares of Key Insurers in the Romanian Life Insurance Segment (%), 2012
Figure 133: Gross Written Premium - Top Five Romanian Life Insurers, 2012
Figure 134: Net Earned Premium - Top Five Romanian Life Insurers, 2012
Figure 135: Gross Claims - Top Five Romanian Life Insurers, 2012
Figure 136: Assets - Top Five Romanian Life Insurers, 2012
Figure 137: Romania, Bucharest Stock Exchange Market Capitalization (US$ Billion), 2008-2012
Figure 138: Romanian GDP at Constant Prices (US$ Billion), 2008-2012
Figure 139: Romanian GDP Per Capita at Constant Prices (US$), 2008-2012
Figure 140: Romanian GDP at Current Prices (US$ Billion), 2008-2012
Figure 141: Romanian GDP Per Capita at Current Prices (US$), 2008-2012
Figure 142: Romanian GDP by Key Segments (%) 2007 and 2011
Figure 143: Romanian Agriculture Net Output at Current Prices (US$ Billion), 2007-2011
Figure 144: Romanian Agriculture Net Output at Current Prices as a Percentage of GDP (%), 2007-2011
Figure 145: Romanian Manufacturing Net Output at Current Prices (US$ Billion), 2007-2011
Figure 146: Romanian Manufacturing Net Output at Current Prices as a Percentage of GDP (%), 2007-2011
Figure 147: Romanian Mining, Manufacturing and Utilities Net Output at Current Prices (US$ Billion), 2007-2011
Figure 148: Romanian Mining, Manufacturing and Utilities Net Output at Current Prices as a percentage of GDP (%), 2007-2011
Figure 149: Romanian Construction Net Output at Current Prices (US$ Billion), 2007-2011
Figure 150: Romanian Construction Output at Current Prices as a Percentage of GDP (%), 2007-2011
Figure 151: Romanian Inflation Rate (%), 2008-2012
Figure 152: Romanian Exports as a Percentage of GDP (%), 2008-2012
Figure 153: Romanian Imports as a Percentage of GDP (%), 2008-2012
Figure 154: Romanian Merchandise Exports Growth (%), 2008-2012
Figure 155: Romanian Merchandise Imports Growth (%), 2008-2012
Figure 156: Romanian Annual Average Exchange Rate US$-RON, 2008-2012
Figure 157: Romanian Commercial Vehicles Exports - Total Value (US$ Million), 2007-2011
Figure 158: Romanian Commercial Vehicles Imports - Total Value (US$ Million), 2007-2011
Figure 159: Romanian Automotive Exports - Total Value (US$ Billion), 2007-2011
Figure 160: Romanian Automotive Imports - Total Value (US$ Billion), 2007-2011
Figure 161: Romanian Internet Subscriptions (Millions), 2008-2012
Figure 162: Romanian Size of Labor Force (Million), 2008-2012
Figure 163: Romanian Unemployment Rate (%), 2008-2012
Figure 164: Romanian Gross National Disposable Income (US$ Billion), 2008-2012
Figure 165: Romanian Household Consumption Expenditure (US$ Billion), 2008-2012
Figure 166: Romanian Total Population (Million), 2008-2012

- Alico Asigurari Romania SA
- Allianz-Tiriac Asigurari SA
- Asirom Vienna Insurance Group SA
- BCR Asigurari de Viata Vienna Insurance Group SA
- BRD Asigurari de Viata SA
- Generali Asigurari SA
- Grawe Romania Asigurare SA
- Groupama Asigurari SA"
- ING Asigurari de Viata SA
- Metropolitan Asigurari SA

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