ASF Council approves Asirom VIG share capital increase by RON 84.57 mln

Newsroom 19/01/2017 | 11:25

The Financial Supervision Authority Council (ASF) approved on Wednesday the increase in social capital of Asirom VIG by RON 84.57 million, resulting in the consolidation of the financial capacity of the company.

According to an ASF release, the social capital of Asirom reached RON 424.939 million, from RON 340.369 million.

„Before closing the financial year at 31.12.2016 and the approval of the capital increase, the solvency rate (SCR) was 15 percent and the minimum capital rate (MCR) was 449 percent,” says ASF.

Also the ASF Council, approved during the Wednesday meeting the appointments of Jean-Yves Roger Marie Le Berre as vice-president of Supervisory Council at AXA Life Insurance, Bruno Charles Paul Dufraisse as member-president, Alice Chantal Marie Garcet as member-vice president and Daniel Buta as member for new mandate of the Board from AXA Life Insurance.

Moreover, the collaboration project between ASF through the Solution Entity of Litigations in non-banking financial field and the Alternative Solution Center of Litigations in Banking Field.

„ASF Council meets every week to decide the measures that need to be adopted for the well functioning and the efficient surveillance of the non-banking financial markets, participants and operations on this market,”says ASF.

Georgiana Bendre

BR Magazine | Latest Issue

Download PDF or read online: July 2023 Issue | Business Review Magazine

The July 2023 issue of Business Review Magazine is now available in digital format, featuring the main cover story titled “At a Crossroads: Budget Deficit Endangering Romania’s Economic
Newsroom | 31/07/2023 | 14:14

    You will receive a download link for the latest issue of Business Review Magazine in PDF format, based on the completion of the form below.

    I agree with the Privacy policy of

    I agree with the storage and handling of my data by

    Advertisement Advertisement
    Close ×

    We use cookies for keeping our website reliable and secure, personalising content and ads, providing social media features and to analyse how our website is used.

    Accept & continue