The life insurance market in Romania grew by 16% in 2024 compared to the previous year, with this type of insurance ranking among the top interests of Romanian consumers, according to an analysis by UNSAR released on Tuesday.Over 37,000 Romanians who saved and invested through life insurance policies received the benefits stipulated at policy maturity - the point at which the contract reaches its term."The fact that tens of thousands of Romanians have reached the end of their contracts and received benefits is clear proof that life insurance is not just an act of protection, but also a gesture of financial responsibility. It also reflects that Romanians increasingly understand the value of long-term planning and financial prevention," said Alexandru Ciuncan, UNSAR President & CEO, as quoted in the release.Moreover, in an ever-changing economic context, interest in long-term financial protection and planning tools is on the rise. Life insurance remains among the top types of insurance Romanians are interested in, according to the latest UNSAR-IRES Barometer.The development of the market reflects a trend toward maturity and growing concern for both individual and family financial stability, the organisation states."These figures confirm that life insurance is a key pillar in the architecture of well-being. It's encouraging to see that more and more Romanians are becoming proactive in managing their long-term financial resources. We will continue to promote financial education and encourage healthy financial habits," said Roxana Baluta, Life & Health Insurance Specialist and Program Coordinator at UNSAR.
The Wrocław Baroque Ensemble, a resident ensemble of the National Forum of Music (Narodowe Forum Muzyki – NFM) in Poland, will present a series of concerts in Romania exploring rarely performed works from Polish composers. Since its establishment in 2012, the group has specialized in historically-informed performance of Polish Renaissance and Baroque music under the […]
Fewer and fewer Europeans strongly support democracy, according to a new poll by European Movement International and Savanta. Romania is among the countries with the lowest support for democracy, the same study showed. Published on Monday, July 28, the report highlights that people are disillusioned with democracy across Europe. Overall, only 36% are consistent supporters...
The Romanian delegation concluded its participation in the Balkan Senior Championships in Volos, Greece, with a total of 9 medals, out of which 4 gold, 3 silver, and 2 bronze. The gold medals were won by athletes Rareş Toader in shot put (20.74 meters), Alin Firfirică in discus throw (63.15 meters), Alina Rotaru-Kottmann in long […]
Romanian locomotive manufacturer Softronic Craiova has signed a contract with RS Lease Slovakia for the delivery of two Transmontana locomotives, which will be produced in the Craiova plant and delivered in the first half of 2026. The six-axle electric locomotives are designed for the demands of heavy freight transport, but are also adaptable to other […]
The Romanian heavy metal band Trooper returns to Sala Palatului on February 28, 2026, with the show “Regeneza,” a journey through its entire discography, along with special guest Blaze Bayley, Iron Maiden’s vocalist from 1994–1999. The concert is a transformation and a return to the spiritual roots of the band, according to lead singer Alin […]
Full Moon, the festival showcasing horror and fantasy films, will hold its tenth edition next month in Biertan, a village in Sibiu county known for its UNESCO-listed fortified church. The festival will present this year a program of 16 films, six of which are national premieres. The edition's headliner is Radu Jude's Dracula, an international […]
