♦ There is a lot of room for progress in the car insurance market ♦ The introduction of the franchise on RCA policies is a complicated mechanism to implement ♦ The frequency of claims is at least double that of any of the CEE countries.The RCA market in Romania continues to be one of the most controversial components of the insurance industry. Although it accounts for roughly half of the entire non-life insurance market, the segment remains under pressure due to high claims frequency, rising costs and fragile profitability. In this context, more and more players in the industry are raising the same question, can the bonus-malus system be recalibrated so that disciplined drivers pay less, and those who cause damage more correctly bear the costs generated? The discussion reappears at a time when the data show that the RCA market is facing structural problems that have not disappeared, even if the current period is relatively quiet from a legislative point of view. You may also be interested:
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