Romanian insurer Allianz-Tiriac's 9-mo GWP grow 80%

In the nine-month period, the company registered an operating profit of 181 million lei, Allianz-Tiriac said in a press release.

Its customer base nearly doubled during January-September to 1.5 million customers.

During the first nine months of 2022, the number of clients who purchased life insurance expanded by an annual 20%.

During the review period, Allianz-Tiriac paid 820 million lei in compensations to its policyholders, up by annual 50%.

Allianz-Tiriac, part of Germany's Allianz Group, was founded in 1994. The company currently employs some 1,000 people.

(1 euro=4.9297 lei)