Tobescu ran Chartis Romania (former AIG Romania) until March 2012, when the company’s portfolio was transferred to the Bucharest subsidiary of London-based Chartis Europe Limited.

Euroins was set up in 1994 as Asitrans and is present on the general insurance market.

Its shareholders are Euroins Insurance Group PLC (Bulgaria) – 90.5% and several individuals and legal entities – 9.5%.

Euroins Romania underwrote premiums of 228 million lei (EUR50.4 million) in the first half of 2012, almost double compared with the same interval a year ago. (EUR1=RON4.5168)