2008 PRELIMINARY RESULTS
We are looking at the first consolidated figures of the Romanian insurance market for 2008.
With about 2.4 billion euro in gross writen premium, the market largely fulfilled the expectations.
However, 2008 is the first year when we contemplate a growth rate of less than 12%, after many years of rates easily exceeding the 25% threshold.
Partly a sign of the market maturation, capping the rate of growth is as far as the outcome produced by the onset of economic crisis in Romania.