Astra Asigurari cashes $25m
Insurer Astra last year cashed gross premiums worth about $25m (823bn ROL), up 30% in dollars and 47% in ROL since the previous year. The company estimates to cash 40% more this year in ROL, up to 1,152 billion ROL. Astra managed to climb back to the position it lost two years ago, in terms of revenues, but did not recover its market share
Insurer Astra last year cashed gross premiums worth about $25m (823bn ROL), up 30% in dollars and 47% in ROL since the previous year. The company estimates to cash 40% more this year in ROL, up to 1,152 billion ROL. Astra managed to climb back to the position it lost two years ago, in terms of revenues, but did not recover its market share. If last year’s insurance market did amount to $345m, then Astra’s market share was 7.1 percent. Back in 1998-1999, the company used to hold 11-12% of the market. ZF
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