“The data chamber is open. Talks are underway these days with several investment funds, one of which is from China,” said Ursache.
Ursache added the insurance guarantee fund is prepared to take over Astra’s debts to customers should it go bankrupt.
ZF Bankers Summit '15 · Banks-Insurance
Several Investment Funds Looking Into Insurer Astra
The financial watchdog ASF has approved the plan for a second capital raise for insurer Astra and, if achieved, it will be the saving signal for the company, ASF vice-president Mircea Ursache said Monday at the ZF Bankers Summit ’15 conference.