Romania's insurance market sees a significant growth of 15% in early 2026

The insurance market in Romania experienced a remarkable growth of 15% in the first quarter of 2026, highlighting a positive trend in the sector. The total value of gross premiums written reached approximately 6.8 billion lei, demonstrating a strong demand for insurance products across the country.

Notably, gross premiums written by authorized companies increased by 12% compared to the same period in 2025, while branches operating on Romanian territory saw an impressive growth of 33%. This surge in activity is reflected in the overall volume, with 77% of the total underwriting activity attributed to general insurance.

Additionally, the total value of compensation paid climbed by 17%, amounting to around 3.3 billion lei in T1 2026. Compensation for general insurance constituted 81% of this total, with life insurance claims making up the remaining 19%.

The insurance landscape includes 24 companies authorized by the ASF, with 15 branches operating under the right of establishment as of March 31, 2026. The total value of investments by insurance companies was reported at 39.5 billion lei, predominantly in fixed-income instruments, which accounted for about 62.9% of the total investments.

The market also showed positive signs of liquidity, with the liquidity indicator for general insurance standing at 2.84 and for life insurance at 3.46, despite a decrease from the previous year. Furthermore, technical reserves under the Solvency II regime amounted to 27.8 billion lei, reflecting a 22% increase from the previous year.

The brokerage sector played a vital role, with the value of premiums distributed by brokerage companies reaching 4.7 billion lei, a growth of around 20% compared to T1 2025. The intermediation rate for general insurance is notably high at 85%, while life insurance stands at 13%.

Overall, the first quarter of 2026 marks a significant period of growth and resilience for Romania's insurance market, showcasing a robust recovery and a promising future.