Romania: Insurance market grows 0.4% in 2013

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Romania's insurance industry grew 0.4% year on year to 8.29 billion Romanian lei ($2.54 billion) in 2013, data of the Financial Supervision Authority shows.

Insurance payouts fell by 4.7% to RON 4.94 billion ($1.51 billion), The Diplomat reported.

In the general insurance segment, policies for fire and other natural calamities were the third most subscribed premiums.

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