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Romania: Insurer Asirom posts $72.39 million loss in 2013

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Romania-based insurer Asirom S.A. recorded a loss of 235.5 million Romanian lei ($72.39 million) in 2013, compared with a profit of RON 14.9 million ($4.4 million) in 2012, Romania-Insider reported.

The insurer, owned by Vienna Insurance Group, saw its nonlife insurance division register a loss of RON 241.9 million ($74.3 million), compared with a profit of RON 14.6 million ($4.3 million) the previous year.

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