The contract was initially estimated at RON3.24 million.
Previously, RATB’s fleet was insured by City Insurance and Euroins for RON1.93 million.
Asirom was set up in 1991 and has a share capital of RON157.85 million. It is among the ten largest insurers on the local market regarding underwritten premiums, which amounted to RON615.3 million in 2012.
Asirom is 85.97% owned by Austrian financial group Vienna Insurance Group (VIG).
In Romania, VIG also controls Omniasig (former BCR Asigurari). (EUR1=RON4.421)