Crudu was general manager of the Romanian insurance company starting June 2013 and the insurer’s revenues increased 33%, ranking fifth among local insurers, during her time as manager, the company said in a statement Tuesday.
Loghin is a former manager of BCR Asigurari and has been proposed by the company’s board for the position of general manager. His appointment requires the approval of Romania’s financial regulator ASF.
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.
In the first half of 2014, the company underwrote premiums of RON305.22 million, up 30% on the year.