In the first nine months of 2013, Astra’s underwriting revenue stood at RON802.75 million.
On the general insurance segment, gross underwritten premiums were down 31%, to RON547.15 million, from RON792.14 million in January-September 2013, according to results currently being audited.
On the life insurance segment, the company had underwriting revenue of RON8.07 million, down 7.4% on the year.
Astra’s net profit declined 7.4%, to RON54.61 million in January-September 2014, from RON58.98 million in the same period the year before.
Romania’s financial watchdog ASF placed Astra under special administration mid-February, suspended its shareholders and management and appointed KPMG as special administrator.
At the end of 2013, Astra was the leading insurer in Romania with RON921.5 million in underwritings.