Astra revenues soar

Insurer Astra Asigurari collected 985bn ROL (some $30m) from premiums in nine months this year, up 47% in US dollars from the year-ago results. Underwritten premiums exceeded 1,072bn ROL, up from 804.1bn ROL on September 30, 2002. The best-selling products in Astra’s portfolio were the civil auto liability policies, which went up 70%, health insurance for trips abroad and the Green Card. The house and goods insurance surged 65% from September 2002, while the civil liability policies doubled from the year-ago interval. Astra cashed about 50% more from maritime insurance, whereas revenues from aviation insurance surged 1,000% from the corresponding period of last year. ZF