Insurance Market's Competition in Romania After 2007

AbstractIn this paper we propose an analysis of the insurance market competition in Romania for 2007-2012 period. For this purpose, we use the analyzing methodology of market concentration promoted by Mereuta (2012), applied by calculating market shares by total gross premiums. Our results indicate a low concentration and a quasi - perfect competition. The leader dominance is on a downward trend, indicating, also, a low distortion in the market