Ciurel took the helm of AXA Romania in September 2010 and also filled the position of Chairwoman of the Managing Board of AXA Insurance Hungary starting July 2012.
At the end of November 2013, French group AXA said it would sell its operations in Romania to local insurance company Astra Asigurari owned by businessman Dan Adamescu. The two parties agreed not to disclose the transaction’s terms and conditions.
At the end of December 2013, Romania’s Competition Council cleared AXA Romania’s takeover by Astra, but the transaction is also pending approval from the country’s financial watchdog ASF.