Astra-Uniqa: 3m euros from maritime insurance

Insurance company Astra-Uniqa last year handled gross underwritten premiums worth 3.8 million dollars (3 million euros) from maritime insurance. Such premiums have had a significant share in the company’s portfolio since its creation. Astra-Uniqa last week won the open outcry auction organised by SNTFM CFR Marfa – the Constanta Ferry-Boat branch for comprehensive insurance for ships and P&I complex insurance, which includes liability, costs and expenses incurred by the ship owner and/or by the ship operator. Ferry-Boat Mangalia and Ferry-Boat Eforie were insured for 3.6 million dollars and 4 million dollars respectively and the liability limit is for 6 million euros per ship per event. Marine risks are reinsured, mainly by Lloyd’s Syndicate and by other important companies on the London market. The company’s shareholders are Nova Trade 67.67%) and Uniqa Versicherung Austria (27%).