The number of insurers on the Romanian market almost doubled in the last month, reaching 75 companies, as compared with 41 insurers at the end of 2006. Thirty-four insurance companies in the EU took advantage of the deregulation of the insurance market and notified the Insurance Supervision Commission (CSA) of their intention to operate on the Romanian insurance market. Among these, only Coface Austria notified the CSA that it had opened an office in Bucharest, while the remaining 33 companies intend to operate directly from the country in which they are registered. The bulk of the insurers interested in the potential of the Romanian market after the deregulation are registered in the UK (18), with the rest of the companies originating from Ireland (5), Germany (4), France (4) and Austria (2). The latest companies to have submitted notifications to the CSA are the French at Gan Eurocourtage IARD and Groupama Transports, the former specialising in general insurance and the latter in maritime, logistical and transport insurance.
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