The insurer also said it paid damages of RON276 million last year, up 47% from 2012.
According to company data, Carpatica Asig’s activity and insured clients are protected through a reinsurance program carried out alongside Hannover Re, Partner Re, Swiss Re, Aspen Re, Sirius, Gen Re. The program targets the portfolios of auto, property, medical, civil liability and professional liability insurance.
Carpatica Asig 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 operates only on the general insurance market. (EUR1=RON4.4556)