Market Report, "Romania Insurance Report Q4 2013", Published
As of mid-2013, our overall impression is that Romania's insurance sector remains resilient in face of a number of challenges. In spite of the general softness of the economy in general and sales of cars in particular, there has not been a sharp contraction in non-life premiums. Premiums in the life segment have held up fairly well too, suggesting that - for those Romanians who can afford the regular premiums - life insurance is valued as a conduit for their...
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