Stoicescu, 47, was member of Omniasig VIG’s Board between 2008 and 2012 and ran the company’s Auto Insurance department.
Astra Asigurari’s underwritten premiums rose 12.3% to 1.13 billion lei (EUR0.25 billion) on the year in 2012.
Astra Asigurari was set up in 1991 and has a share capital of RON192.71 million, controlled by The Nova Group Investments Romania SA (72.68%) and Epsilon Estate Provider SRL (27.02%).
The Nova Group Investments Romania and Epsilon Estate Provider are indirectly owned by businessman Dan Adamescu. (EUR1=RON4.4154)