The year 2005 is an essential year for the acceleration of the process for the preparation of the accession of Romania to the European Union. The economic policies proposed in this year target, on one hand, the continuation of the efforts to create new rates of sustainable growth, continuing decrease of the inflation, reduction of the differences of inter-regional development, and on the other hand, the continuous improvement of the business environment so that the economy is capable to cope with the confrontations from the single European market after accession. This paper provides an analysis of the Romanian insurance market in the framework of European integration taking into account the Romanian economic development in 2005.