Carpatica Asig increases capital by 2.4m euros

Carpatica Asig, a medium-sized insurer, is set to increase its share capital by around 2.4 million euros (8.8 million RON) to more than 5.6 million euros (20.8 million RON). Carpatica Asig is controlled by businessman Ilie Carabulea, through Atlassib (83.01%) and shareholders Trans Car (6.97%), Banca Comerciala Carpatica (8.96%), and a number of individuals (1.06%). In 2007, the insurer saw its gross underwritten premiums stagnate at 34.2 million euros, almost the same level as in 2006.