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Record performance for Allianz-Țiriac in 2024: 20% growth in life and health insurance and 1.6 billion lei paid to insurance clients in Romania
Allianz-Țiriac Asigurări closed its 30th year of activity on the local market with a significant growth of almost 20%, above market average, in the life and health insurance segment, reaching total subscriptions in this line of over 630 million lei. In 2024, the total sales volume of Allianz-Țiriac Asigurări reached 3.7 billion lei, a 5.3% increase compared to the previous year, and combined with the Allianz-Țiriac Unit’s activity, Allianz-Țiriac’s subscriptions reached a total of 3.8 billion lei by the end of last year.
The total expensesfor gross claims recorded by Allianz-Țiriac Asigurări were approximately 2.5 billion lei in 2024, representing gross claims paid and the variation of the gross claims reserve approved and not approved. Of this amount, nearly 1.6 billion lei were paid...
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