Tuesday 30 May 2017

Market Research on Non-Life Insurance in Romania 2020

Non-Life Insurance in Romania, Key Trends and Opportunities to 2020 is a new market research publication announced by Reportstack. This report provides in-depth market analysis, information and insights into the Romanian non-life insurance segment, including:
  • The Romanian non-life segment’s detailed outlook by product category
  • A comprehensive overview of the Romanian economy and demographics
  • A comparison of the Romanian non-life insurance segment with its regional counterparts
  • The various distribution channels in the Romanian non-life insurance segment
  • Detailed analysis of natural hazards and their impact on the Romanian insurance industry
  • Details of the competitive landscape in the non-life insurance segment in Romania
  • Details of regulatory policy applicable to the Romanian insurance industry
  • Scope
    This report provides a comprehensive analysis of the non-life insurance segment in Romania:
  • It provides historical values for the Romanian non-life insurance segment for the report’s 2011–2015 review period, and projected figures for the 2015–2020 forecast period.
  • It offers a detailed analysis of the key categories in the Romanian non-life insurance segment, and market forecasts to 2020.
  • It provides a comparison of the Romanian non-life insurance segment with its regional counterparts
  • It analyzes the various distribution channels for non-life insurance products in Romania.
  • It analyzes various natural hazards and their impact on the Romanian insurance industry
  • It profiles the top non-life insurance companies in Romania, and outlines the key regulations affecting them.
  • Reasons to Buy
  • Make strategic business decisions using in-depth historic and forecast market data related to the Romanian non-life insurance segment, and each category within it.
  • Understand the demand-side dynamics, key market trends and growth opportunities in the Romanian non-life insurance segment.
  • Assess the competitive dynamics in the non-life insurance segment.
  • Identify growth opportunities and market dynamics in key product categories.
  • Gain insights into key regulations governing the Romanian insurance industry, and their impact on companies and the industry's future.
  • Key Highlights
  • Motor insurance was the largest category in the segment during the review period, in terms of direct written premium.
  • On March 15, 2017, the Financial Supervisory Authority (Autoritatea de Supraveghere Financiar? – ASF) introduced a regulation that amended and supplemented Regulation No. 21/2016 concerning reporting requirements for insurance and reinsurance companies. The regulation stipulates financial audit requirements for insurance and reinsurance companies.
  • On March 6, 2017, the ASF approved the statute of the Romanian Motor Insurer’s Bureau to enable the reorganization of the association in accordance with the provisions of GEO 54/2016. The reorganization process involves takeover activity for the Street Victim Protection Fund, the establishment of a National Protection Fund, and the management and development of the CEDAM database, which contains key information on compulsory civil liability insurance concluded in Romania.
  • Brokers were the most prominent distributors of non-life products during the review period.
  • Companies Mentioned
    Omniasig Vienna Insurance Group SA Allianz-Tiriac Asigur?ri SA Groupama Asigur?ri SA Euroins Romania Asigur?re Reasigur?re SA Asirom Vienna Insurance Group SA Carpatica Asig SA City Insurance SA Astra SA Generali Romania SA Uniqa Asigur?ri SA
    Contact:
    Debora White
    Manager - Marketing
    Ph: +1-888-789-6604
    ReportstackMarket Research
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