Insurer Astra reports 300-pct surge in bookable net profit

The volume of gross underwritten premiums for non-specific insurance policies recorded by Astra Asigurari in the first nine months of 2011 exceeded RON 855 million (nearly 197 million euros), up 3.47 percent from the similar period of the year before, while booked net profit surged more than 300 percent, according to data release by the insurer on Monday.The total of net premiums from direct cancellations and reinsurance, both life and non-life, recorded by the company in the third ...

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