New Market Report: Reinsurance in Romania, Key Trends and Opportunities to 2017
The Romanian reinsurance segment registered a CAGR of 11.3% during the review period (2008-2012). This was partly due to the rising number of EU-sponsored infrastructure projects taking place in the country. In 2012 the EU announced plans to invest over US$235 million in a Nuclear Photonics Project in Romania and also budgeted for other smaller infrastructure projects. This, combined with the nation's high claims ratio and frequency of natural disasters, is expected to support the reinsurance segment over the forecast...
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