Insurers Transfer A Quarter Of Their Risk To Reinsurance Companies

10.01.2012 By Ciprian Botea

The top ten insurers on the market ceded 730 million lei (EUR161 million) in premiums to reinsurers in January-June, up 30% on the year-ago period, according to the data published by the insurers’ trade association UNSAR. Reinsurance ceded accounts for 23% of the gross written premiums of the ten companies in the first half.

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Keywords:
insurance
, reinsurance
, risk