CARPATICA Asig's GWP increased by 77% in the first 6 months of 2013. Non-motor segments up by 135%

5 September 2013 — Mihaela CIRCU
ina_crudu4In the first semester of 2013, CARPATICA Asig reported gross written premiums of EUR 52.1 million (RON 229 million), increasing by 77% compared to the same period last year (EUR 28.9 million / RON 128.75 million).

This year's strategic objective of the Romanian insurance company is to develop the non-motor portfolio (the GWP on this segment already increased by 135%).

Property insurance reported the most significant growth - the gross written premiums increased by 143%. The household insurance sales increased by 267%, the underwritings going up to EUR 2 million (approximately RON 9.5 million) at the end of June 2013, from RON 2.6 million in June 2012.

sediu_central_carpatica"The results reported for this semester confirm that the projects we implemented in 2012 and we are continuing in 2013, regarding sales and the improvement of the claims process were perceived by clients and partners in a way that supports the durable growth of the company", explained Ina CRUDU, General Manager, CARPATICA Asig.

For the analyzed period, the total value of the claims paid by CARPATICA Asig increased by 58.5%, from RON 85.9 million to RON 136.16 million (approximately EUR 30.5 million).

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