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.
Over a third of Romanians, around 35%, would vote for the opposition party Alliance for the Union of Romanians, or AUR, according to data from a CURS survey published on Sunday, November 2. A further 24% of votes would support the governing Social Democratic Party, or PSD. The two other parties included in the current […]
The Romanian government and one of the most important European arms manufacturers, Rheinmetall, signed a cooperation agreement regarding the construction of a powder factory on Monday, November 3. The value of the investment is EUR 500 million, and Romania may be able to secure EU funding for it through the Security Action for Europe program, which […]
More than twenty years after launching Flavours Group, Romanian entrepreneur Raluca Țeposu continues to shape Romania’s modern food and hospitality landscape through a mix of creativity, consistency, and care. What began in 2002 as a small catering company built on the simple idea that “food should be about joy, connection, and good energy” has evolved […]
North Bucharest Investments (NBI), a real estate investment and management company, reports a transaction volume of €161 million as of the end of October 2025. By the end of the year, the company anticipates a 25% increase compared to the average level of the reporting period, driven by sustained investor interest and new investment packages […]
Cambridge School of Bucharest (CSB), one of Romania’s leading British international schools, is delighted to announce its Open Days for Admissions for the 2026–2027 academic year, to be held on Wednesday, 19 November, and Friday, 21 November 2025, at its modern campus in Pipera. The Open Days provide prospective families with the opportunity to explore […]
Romania signed a Memorandum of Understanding regarding military cooperation with Egypt on Sunday, November 2. The understanding includes exchanges of expertise, joint exercises, and concrete projects in the field of defense. After the signing, defense minister Ionuț Moșteanu said that among the topics discussed with counterpart Abdel Mageed Ahmed Abdel Mageed Saqr were the security […]
