Study on the evolution of the insurance market between January and September 2020

The whole year of 2020 was mainly dedicated to the management of the crises, generated by the COVID-19-pandemia, which entertained during the whole year a state of uncertainty in almost all countries, which had a major impact upon the macroeconomic and financial development on European and global level. Even in this atypical context, the insurance marked has retained its positive evolution, accommodating to the new market conditions. The value of the written premiums subscribed has increased with 4,8% in the period between January-September 2020, in comparison with the value registered in the same period of the year before, reaching an amount over 8.5 billion Ron, according to the report published by the Financial Supervision Authority.