In January through March, Astra’s premiums on the general insurance segment amounted to RON317.9 million, compared to RON292.1 million in the same period a year ago, while life insurance premiums rose 4% to RON3.74 million.
Mandatory (RCA) and voluntary (CASCO) car insurance policies generated revenues of RON155.24 million in the mentioned interval, similar to the previous year, of which RON130.39 million came from RCA policies.
Underwritten premiums generated by health insurance advanced by 28% to RON13.07 million, while property insurance premiums rose 7% to RON50.22 million.
Astra is the largest insurance company in Romania, by 2012 revenues, followed by Omniasig VIG and Allianz-Tiriac Asigurari.
In 2012, Astra’s underwritten insurance premiums rose 12.3% on the year to RON1.13 billion.
Astra Asigurari was set up in 1991 and has a share capital of RON192.71 million, controlled by The Nova Group Investments Romania SA (72.68%) and Epsilon Estate Provider SRL (27.02%).
The Nova Group Investments Romania and Epsilon Estate Provider are indirectly owned by businessman Dan Adamescu. (EUR1=RON4.3465)