Of the overall premiums brokered, 42% were for auto insurancepolicies, 20% for property insurance, 20% for liability insurance,14% for credit insurance and other types of financial policies, and4% for employee benefits - life insurance, health insurance, andvoluntary pensions). "2009 was the toughest year after the boomexperienced by the insurance market. We recorded the biggestdecline on the credit insurance contracts sealed by banks, becausethis product was no longer in demand. The professional liability,and the commercial credit insurance segment saw a rise, with claimssettled by the insurers also seeing a rise," said Cristian Fugaciu,general manager of Marsh Romania, the subsidiary of the largestinsurance brokerage and consulting company in the world. Accordingto company representatives, revenues remained the same in 2009 asin 2008. Data from the Insurance Supervision Commission reveal thatMarsh posted 27.6 million RON (7.5 million euros) in revenues in2008, generated exclusively by brokerage of insurance contracts.
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