ASITRANS-EUROINS has tripled its capital
Insurance company ASITRANS-EUROINS has tripled its authorized
capital in 2007, following it's purchasing by the EUROHOLD Group.
At the of April, Administration Council of the insurer has
authorized a RON 12.1 increase of capital to RON 36.3 million.
In the mid-2007, at the moment when Bulgarian Group EUROHOLD
purchased the majority stake in ASITRANS, authorized capital
totalized RON 12.1 million. As a result, the capital has tripled
in one year, pointing over EUR 10 million.
"Our target is to rank in
top 10 by the end of 2010 and reach a market share of 4% by 2012. Also,
we estimate
an increasing rate of the
premiums above the market evolution. The shareholders will
generate all the necessarily resources to maintain all the macro-parameters
and company's
solvency at the indicated and efficient level", Bogdan STAN, CEO, ASITRANS-EUROINS
noted.
"We'll give a special attention to the improvement of all distribution
channels, including the alternative ones, and to diverse our
offer. The strategically partnerships with insurance brokers, part of the win-win-win
program, launched by ASITRANS-EUROINS, opening of 50 franchised
offices
and development of agricultural insurance are just a few engines
that will assure our increase in 2008", Bogdan STAN pointed.
The insurance premiums wrote by ASITRANS-EUROINS in 2007 totalized
over RON 91.1 million. The company has extended its representative
offices across the country to 95 units in 2007, aiming to double
them in 2008.
Author: Mihaela CIRCU
on 07.05.2008
|
