According to the insurer, RON66 million of the entire gross premiums were generated by Astra Biztosito, its subsidiary in Hungary. The results do not include the activity of Astra’s subsidiary in Slovakia, opened in December 2012, which underwrote no premiums last year.
Astra Biztosito was opened in October 2010 and underwrote premiums of RON65.87 million in 2011.
Astra’s premiums on the general insurance segment amounted to RON1.106 billion last year, from RON991.64 million in 2011.
Life insurance policies generated premiums of RON24.96 million, up 47% on the year.
On the car insurance segment, the company’s revenues from underwritten premiums amounted to RON526.6 million in 2012, of which RON410.31 million came from mandatory car insurance policies RCA.
Underwritten premiums generated by property insurance policies fell to RON223.64 million last year, from RON299.6 million in 2011, while health insurance premiums increased 137%, to over RON25 million.
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=RON4.3816)