It said the increase in home insurance subscriptions was due to a 39.6% rise in the number of contracts.
“The development of the company’s home insurance portfolio is due both to people becoming more aware of the advantages of this type of insurance products and to improving on the company’s products by extending the risks covered by insurance,” Carpatica Asig general manager Marian Mirzac said in a statement Thursday.
Carpatica Asig started its activity in 1996 as ASA Asigurari Atlassib. The company 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, has over 90 units countrywide and its core business includes only general insurance. (EUR1=RON4.5318)