The Romanian Competition Authority proposes several recommendations to improve the competition in the life insurance sector

Low development level of life insurance sector in Romania* One of the conclusions of the sector inquiry conducted by the Competition Council on life insurance market is that this sector in Romania has a low level of development, the penetration decree is far behind that of other European countries or of the countries in the region. In terms of gross premiums subscribed, in Romania the life insurance holds only 0.3% of GDP (Gross Domestic Product) as in Bulgaria, while

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Romanian Competition Authority, The Romanian Competition Authority proposes several recommendations to improve the competition in the life insurance sector, 18 February 2015, e-Competitions February 2015, Art. N° 71882

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