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Asito Kapital SA (Romania)

Main Activities: Insurance Carriers | Direct Health and Medical Insurance Carriers | Direct Property and Casualty Insurance Carriers
Full name: Asito Kapital SA Profile Updated: May 22, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Asito Kapital SA (former Lukoil Asito SA) was founded in July 1998 as part of the Russian Lukoil Insurance Group. The main goal of the company was to provide insurance services for the employees of Lukoil company in Romania. It was not until the beginning of 2003 that the decision was made to substantially develop the company further, from an one client company (i.e. Lukoil), into a general insurance market company offering services to general public. In 2005 the company changed its name into Asito Kapital.

Headquarters
Strada Elena Vacarescu Nr. 100A
Bucharest; Bucharest;

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Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
July 10, 1998
Key Executives
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Director
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Director
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Director
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Administrator
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Administrator
Ownership Details
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99.9996%
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0.0004%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency RON. Absolute financial data is included in the purchased report.
Net insurance premium revenue
18.73%
Operating profit (EBIT)
138.55%
Net Profit (Loss) for the Period
138.55%
Total assets
6.86%
Investments
40.45%
Receivables
-16.46%
Total equity
2.49%
Net Premiums Earned Trend
4.96%
Net Profit Trend
N/A
Return on Equity (ROE)
1.34%
Loss Ratio
3.53%
Underwriting Expenses Ratio
1.38%

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