The bulk of Carpatica’s underwritten premiums were generated by mandatory car insurance policies (RCA) which brought revenues of RON114.02 million in the mentioned interval, up 95.24% from January-March 2012.
Underwritten premiums generated by voluntary car insurance CASCO amounted to RON3.22 million, up 14.72% on the year, while underwritten premiums generated by insurance against fire and natural disasters reached RON6.17 million, compared to RON1.56 million in the same period a year ago.
Carpatica Asig paid damages of RON76.8 million in the first three months of 2013, up 79.4% on the year.
The insurer started its activity in 1996 as ASA Asigurari Atlassib. It is controlled by Atlassib Sibiu (92.42%), Transcar Sibiu (6.97%), Corneliu Tanase (0.08%) and Aurel Albu (0.53%), according to Trade Registry data.
Carpatica Asig, part of financial group Carpatica (owned by businessman Ilie Carabulea), has over 90 units countrywide and is present only on the general insurance market. (EUR1=RON4.3465)