The ASF vice president, about lifting the ceiling for RCA policies: “The increases are not general and are not so great”
Vice -President of the Financial Supervisory Authority (ASF), Sorin Mititelu, responsible for the insurance sector, explained that the increases of RCA tariffs, after lifting the ceiling, are not “Spectacular”, and the observed adjustments are determined by objective reasons.
ASF currently collects data for a new market analysis. Photo: Archive
“From the analyzes I did and are on certain data, because I collected the data on the policies concluded in July 2025 and reported to what data I had about June 2025, but even compared to the period 12 months ago, that is August 2024, the evolution on the whole is not so great or the increases are not as general. Although it is not a 100%correct comparison, as they have different structures, these portfolios are other cars, in other words, a closer analysis, more correct to have been between July 2025 and August 2024. Well, overall portfolio, absolutely all types of vehicles, the growth was not, of the first average, with more than 1%. Cars, natural persons, during the mentioned period, the growth was somewhere at 3%”, said Sorin Mititelu at Digi24.
He said that inside the large segments there are notable differences:
“I have noticed an evolution, a slight increase in cars natural persons in Bucharest-Ilfov, a decrease in the means of freight, slight decrease, but here the evolutions are quite influenced by the mechanism of the insured with a high risk. A slight decrease in certain segments in cars, there are some of the natural persons. That growth announced as a spectacular one, because it had no reason to be. “
ASF vice -president stressed that the system is “Enough balanced” And that there was no spectacular increase in tariffs. ASF currently collects data for a new market analysis, and the results will be presented in the second part of the month.
The ASF official recommends drivers to avoid road accidents as much as possible and compare the offers of all insurers to find the best policy:
“There is no option in which it is an element that can be modified or can be influenced so that you get a special premium. The first ones are not per person, I am on the segment,” added the ASF vice president.
