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ASTRA ASIGURARI

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Astra Asigurari Majority Shareholder Mulls Suing Romanian State
Banks-Insurance

Astra Asigurari Majority Shareholder Mulls Suing Romanian State

TNG, the majority shareholder of insurance company Astra Asigurari, wants to sue the Romanian state at an international investment court for violating its rights in accordance with several bilateral investment treaties, Alexandru Adamescu, the son of Astra own...

Gabriela Stan · 11.05.2016 · 17:39 · 1 min
Banks-Insurance

Bucharest Court Of Appeals Rules On Astra Asigurari Bankruptcy

Bucharest Court Of Appeals on Friday ruled irrevocably on the bankruptcy of insurance company Astra Asigurari, eight months after the Financial Supervisory Authority ASF asked for the insure...

Gabriela Stan · 29.04.2016 · 11:31 · 1 min
KPMG Prepares Liquidation Strategy For Astra Asigurari Assets
Banks-Insurance

KPMG Prepares Liquidation Strategy For Astra Asigurari Assets

KPMG Restructuring, the judicial administrator of insurer Astra Asigurari, will draw up, in the upcoming period, a strategy for an efficient patrimony liquidation by business transfer for in...

Gabriela Stan · 16.12.2015 · 13:04 · 1 min
Astra’s Shareholders Failed To Subscribe Enough Shares For the Capital Hike
Banks-Insurance

Astra’s Shareholders Failed To Subscribe Enough Shares For the Capital Hike

Shareholders of insurer Astra Asigurari, under special administration, have not subscribed enough shares available in the EUR425 million share capital increase, while the company’s special a...

Manuela Panescu · 20.08.2015 · 16:42 · 1 min
Astra Asigurari Puts Up For Sale 160M Shares To Hike Share Capital By RON425M
Banks-Insurance

Astra Asigurari Puts Up For Sale 160M Shares To Hike Share Capital By RON425M

Insurer Astra Asigurari, under special administration, has put up for sale 160 million shares at a face value of RON2.66 each, in a move to hike the insurer's share capital, which was impose...

Gabriela Stan · 02.06.2015 · 16:14 · 1 min
Banks-Insurance

ASF: Astra Situation To Be Settled In July

The situation of insurer Astra Asigurari, under special administration, will be settled end-July, when it will be known whether a strategic investor is willing to inject capital or whether t...

Oana Gavrila · 28.05.2015 · 14:14 · 1 min
Astra Underwritings Down 31% In January-September 2014, To RON555M
Banks-Insurance

Astra Underwritings Down 31% In January-September 2014, To RON555M

Romanian insurer Astra Asigurari, under special administration, had revenues from underwritings of RON555.22 million in the first nine months of 2014, down 30.8% on the year, and a profit of...

Oana Gavrila · 15.01.2015 · 11:45 · 1 min
One Third of Romanian Insurance Market Under Heavy Scrutiny
Banks-Insurance · Romanian authorities investigate Astra, Omniasig and Carpatica

One Third of Romanian Insurance Market Under Heavy Scrutiny

Three companies holding over 30% of the insurance market are going through rough times.

Catalina Apostoiu · 19.05.2014 · 14:50 · 2 min
Astra Asigurari 1H Underwritings Up 16%, To RON601.7M
Banks-Insurance

Astra Asigurari 1H Underwritings Up 16%, To RON601.7M

Romanian insurer Astra Asigurari reported revenues from underwritten premiums of RON601.7 million in the first half of the year, up 16% compared to the first half of last year, the insurer s...

Oana Gavrila · 13.08.2013 · 13:12 · 1 min