Losses of 6.2m euros for Astra Asigurari

Astra insurance company closed the 2005 financial year with total losses of 6.2 million euros (22.4 million RON), 5.2 million euros of which come from general insurance, reads a report of the insurer. On this segment, the company underwrote gross premiums worth 46.2 million euros last year, a 3% drop in euros against 2004. As for life insurance, Astra had premiums of just 0.33 million euros. Astra Asigurari is controlled by businessman Dan Adamescu, through Nova Trade, which owns over 67% in the insurer. The company had about 1,100 employees on the average last year and is listed in the base tier of RASDAQ. ZF