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ASTRA

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Banks-Insurance

Romania’s Top Four Insurers Are Worth Merely EUR630M

Astra, Allianz-Tiriac, Omniasig and Groupama – the top four insurers on the Romanian market – are worth about EUR630 million together, according to the "Top 100 most valuable companies in Ro...

Oana Gavrila · 18.12.2011 · 18:49 · 2 min
Banks-Insurance

CSA Starts Checkups At Astra Asigurari

Romania’s insurance regulator CSA on Friday started checkups at insurer Astra Asigurari after it received notifications regarding the Astra Medica Bonus insurance policy, CSA said in a press...

Ioana Tudor · 16.12.2011 · 20:46 · 1 min
Banks-Insurance

Astra 9-Month Underwritten Premiums Up 3.5%, To RON870.4M

Romanian insurer Astra underwrote premiums of 870.44 million lei (about EUR200 million) in the first nine months of the year, up 3.5% from the same period last year, and its net profit more...

Oana Gavrila · 14.11.2011 · 13:21 · 1 min
Banks-Insurance

Leader On Mandatory Car Insurance Misses First Five Spots On CASCO Segment

Insurer Astra, controlled by businessman Dan Adamescu, is Romanian market's leader on revenue from underwritten premiums on the home insurance and mandatory car insurance RCA segments, but i...

Ciprian Botea · 24.10.2011 · 00:00 · 2 min
Attila Verestoy Takes Over 50% In IRS Plants
Companies

Attila Verestoy Takes Over 50% In IRS Plants

Attila Verestoy, one of the richest members of Parliament, is in the process of becoming the king of freight cars. He will take over 50% in the three plants owned by Cristian Burci, which ar...

Mirabela Tiron · 09.09.2011 · 00:00 · 1 min
Banks-Insurance

Insurer Astra Approves Epsilon Estate Provider As New Shareholder

Romanian insurer Astra on Wednesday approved company Epsilon Estate Provider as new shareholder, after the latter bought in June a 27% stake in the insurer for 106 million lei (about EUR25 m...

Ioana Tudor · 08.09.2011 · 14:00 · 1 min
Attila Verestoy Helped Cristian Burci’s Carriage Plants Resume Operations
Automotive

Attila Verestoy Helped Cristian Burci’s Carriage Plants Resume Operations

The three train carriage manufacturing plants of the IRS group controlled by Cristian Burci, whose reorganization plan was approved several months ago, have resumed operations after finding...

Mirabela Tiron · 02.09.2011 · 00:00 · 1 min
Banks-Insurance

Insurer Astra Remains Market Leader By 1H Underwritten Premiums

Only two of the top ten insurers generated rising turnovers in the first half of the year, while the revenue of another three insurers posted two-digit declines.

Ciprian Botea · 29.08.2011 · 00:00 · 1 min
Banks-Insurance

Astra Asigurari Paid RON319M In Damages In 1H, Up 36% On Year

Romanian insurer Astra Asigurari paid 319 million lei (EUR74 million) in damage claims for 75,536 files in the first half of this year, 36% more compared to the same period of 2010, the comp...

Oana Gavrila · 11.08.2011 · 14:34 · 1 min