Astra doubles turnover in H1

Astra Asigurari ended the first half of this year with turnover close to 52m euros, up 92% from the same time of last year, according to the data released by the insurer. The company has recently changed its name to Astra-Uniqa. Austria’s Uniqa group owns 27% in the insurance company, with the rest belonging to businessman Dan Adamescu through the Nova Trade company. General insurance weighs more than 99.3% in the company’s portfolio. The rise in turnover in the first six months of the year was generated by mandatory auto liability insurance policies (RCA), which brought more than half of gross underwritten premiums. Sales of life insurance policies soared by over 35% in the first six months, to almost 324,000 euros. The company has a territorial network composed of more than 200 offices and branches.