KPMG Restructuring SPRL was appointed as liquidator. KPMG Restructuring is also the judicial administrator of insurer Astra Asigurari.
Fata Asigurari, controlled by Italian group Generali, decided to exit the local market by liquidating its operations after, in the last 6 years, it registered overall losses of RON82 million (EUR18 million).
In 2014, the company underwrote gross premiums of RON27 million, focusing on the agricultural insurance segment. The company also had authorization for voluntary car insurance CASCO, property insurance and civil liability insurance.