ROMANIAN COMPULSORY MOTOR THIRD PARTY LIABILITY
         INSURANCE IN 2010 AND THE PREDICTABLE FUTURE

                   Marius Dan Gavriletea, Babes-Bolyai University of Cluj-Napoca
                    Aura Carmen Moga, Babes-Bolyai University of Cluj-Napoca


ABSTRACT: Insurance coverage is mandatory for the motor’s owners. Analyzing the condition of the
insurance market trough 2010, by the gross written insurance premiums and the losses compensations
in the same period, the study analyzes the Romanian bonus-malus system, by comparing it with the
bonus-malus system of other states. The study reveals the impact of bonus-malus clause, and also the
impact of the economic and financial crisis upon insurance market, the insufficiencies of the MTPL
system and the ways of improving it. In the last part of this study, we analyze the future changes that
the insurance companies have to make in according with the elimination of the discrimination trough
gender in this insurance field.

Keywords: mandatory insurance, insurance premium, Romanian bonus-malus system

JEL codes: G22, G28