Allianz-Tiriac Asigurări ended the 30th year of existence locally with a significant increase of almost 20%, above the market average, on the segment of life and health insurance, reaching total subscriptions on this line of over 630 million lei. In 2024, the total volume of Allianz-Tiriac Asigurări sales reached 3.7 billion lei, with 5.3% above the previous year, and cumulative with the Allianz-Tiriac Unit, the Allianz-Tiriac subscriptions reached 3.8 billion lei at the end of last year, according to the information transmitted by the company representatives. «The year 2024 was a record year for Allianz-Tiriac. Our performances and the contribution to supporting the economy shows that we are the most Romanian and multinational connected to local realities. For several years, we mobilize resources and pay special attention to the development of life and health insurance. In order to reach the whole local well -being potential we have to protect what we have the most valuable – life and health. The total expense with the gross damages registered by Allianz-Tiriac Asigurări was about 2.5 billion lei in 2024, representing paid gross damages and the variation of the approved and uninitiated damages. Of this amount, almost 1.6 billion lei returned to insured and third parties injured by the compensation paid in the insurance situations, almost 24% more than in 2023. In addition to the paid damages, Allianz-Tiriac Insurance concluded 2024 with over 5.4 billion lei in technical reserves, according to 128%, according to 128%, according to 128% confirms the financial stability of the company and offers customers the safety of future payment commitments towards them.
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