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Insurer Axa Negotiates Selling Romanian Business To Astra
French insurance giant AXA is in final negotiations to sell its Romanian subsidiary to the largest insurer on the market, Romanian-held Astra, according to market sources. The decision to wi...
Tarom Wants To Open Fleet Insurance Auctions To All European Insurers Starting 2014
Romania’s state-owned airline Tarom wants to allow any European insurance company in its fleet insurance auctions starting 2014 after local insurer Astra Asigurari was awarded the contract f...
Astra To Insure Tarom’s Fleet For Seventh Consecutive Year
Romanian insurance company Astra said Thursday it won an auction to insure the fleet of state-owned airline Tarom, for the seventh consecutive year, and the contract is valid between Septemb...
Insurers’ Ranking After 1Q: Astra Remains No. 1, Omniasig And Allianz Vie For No. 2
Six of the nine largest general insurers reported higher gross written premiums in the first quarter of the year, while the other three recorded double-digit business declines.
Astra To Insure Posta Romana’s Car Fleet
Romanian insurance company Astra will insure the 607 vehicles state-run postal service operator Posta Romana will buy following an auction.
Insurer Astra Net Profit Falls To RON6.7M In 2012
Insurer Astra held by businessman Dan Adamescu posted net profit of 6.7 million lei (EUR1.53 million) in 2012, down from RON81 million in 2011 because of the significant decline in revenue f...
Astra Asigurari To Insure Fleet Of Airline Germania Fluggesellschaft
Romanian insurer Astra Asigurari said Thursday it will insure the fleet of Berlin-based airline Germania Fluggesellschaft and the contract is valid until April 2014.
Liviu Stoicescu To Join Astra Asigurari’s Board
Liviu Stoicescu will become member of the Managing Board of Romanian insurance company Astra Asigurari after receiving the approval of the country’s insurance market regulator CSA, the compa...
Astra Names Former KPMG Romania Head As Financial Manager
Romanian insurer Astra Asigurari Thursday said it named Marinela Grigore, former director with KPMG Romania, as financial manager, replacing Carmen Gheorghe whose mandate expired.