The total volume of gross written premiums in 2011 dropped to RON 6.5 bn from RON 6.9 bn in 2010, the National Union of Insurance and Re-insurance Companies in Romania (UNSAR) states in a release. The 22 UNSAR members have a combined weight of 82 per cent of all premiums written on the entire insurance market. Compared to the macroeconomic evolution of Romania in 2011 which, according to preliminary reports, registered a GDP growth (in gross terms) by roughly 2.5 per cent, the insurance industry results do not follow the same trend. The main reasons are related to the poor performance of the economic segments the insurance market depends on: automotive industry, leasing, home construction, bank loans, as well as the decreasing purchasing power of the population. Not least, it is a known fact that the insurance market is characterised by a certain inertia compared to the development of the general economy. During recession periods, the insurance industry drops at a much slower pace than other segments of the economy but, at good economic times, it is a bit slower than the rest of the economy. In what regards the evolution of the two main premium writing lines, general insurance and live insurance, they had completely different performances in 2011. While the first category continued to decrease throughout last year, the second had an up-going trend for most of the year. In figures, UNSAR insurers last year wrote gross general insurance premiums worth RON 5 bln compared to RON 5 bln in 2010, suffering a rough decrease of 9 per cent. Life insurance policies marked a plus of 6.4 per cent, corresponding to a volume of premiums of RON 1.5 bln from RON 1.4 bln in 2010, the same release further notes.