Astra Asigurări, an insurance company controlled by businessman Dan Adamescu, has remained no. 1 after the first half of this year, according to information obtained by ZF, after recording a 40% turnover increase.
Astra for the first time took over at the helm of the insurers' ranking three months into the year, leaving behind Allianz-Ţiriac, the market leader for a good few years, thanks to bigger RCA sales (mandatory auto liability insurance). However, the most relevant results are those to be published at the end of this year. Alllianz-Ţiriac is yet to release first-half results but, according to market information, it continues to rank second halfway through the year.
Astra, the only Romanian-held insurer in the top ten, reported 581 million RON (140 million euros) in gross underwritten premiums in the first half of the year, up 41% against the similar period of last year, amid a declining insurance market. The rise was driven by auto liability insurance policies, which saw gross premiums triple, to 323 million RON (78 million euros).
Astra Asigurări, an insurance company controlled by businessman Dan Adamescu, has remained no. 1 after the first half of this year, according to information obtained by ZF, after recording a 40% turnover increase.
Astra for the first time took over at the helm of the insurers' ranking three months into the year, leaving behind Allianz-Ţiriac, the market leader for a good few years, thanks to bigger RCA sales (mandatory auto liability insurance). However, the most relevant results are those to be published at the end of this year. Alllianz-Ţiriac is yet to release first-half results but, according to market information, it continues to rank second halfway through the year.
Astra, the only Romanian-held insurer in the top ten, reported 581 million RON (140 million euros) in gross underwritten premiu
