10.27.2023

The number of insolvencies in Romania decreased by 7% year-over-year in the first eight months of 2023, but a return to the growth rate is expected in the coming months, the factors being both more

08.01.2023

Germany's Allianz Group is switching to an integrated approach of its corporate operations in Central and Eastern Europe (CEE), including Romania, under the ”Allianz Commercial” concept, in order more

05.30.2023

The number of companies going insolvent is growing at an accelerated pace worldwide, exceeding the pre-pandemic level, according to Allianz Trade Global Insolvency Index. more

05.29.2023

Insurance company Allianz-Tiriac, part of Germany's Allianz Group, ended the first three months of 2023 with total underwritings of RON848 million, up 4% on the year, with sales growth being generated more

04.04.2023

Romania has been a strong performer among emerging economies, though periods of economic overheating have caused concern at times, but economic perspectives have deteriorated significantly since the more

03.06.2023

Allianz-Tiriac, the second largest player on the market, reached a volume of underwritten gross premiums of RON3 billion in 2022, up over 47% versus 2021, and an operating profit of RON250 million, more

02.21.2023

In 2022, increases in corporate utility bills were contained, due to government interventions and the long pass-through from wholesale energy prices to retail contracts, which are for the most part more

11.14.2022

The global insolvency index, which covers 44 countries that represent 87% of the global gross domestic product (GDP), recorded in April-June 2022 period the first quarterly increase of 8% after 2020, more

10.17.2022

Allianz-Tiriac, Romania’s second largest general and life insurer in line with the latest financial watchdog ASF data, estimates it will near the RON3 billion threshold in terms of underwritten more

09.19.2022

Allianz-Tiriac reported underwritings of RON1.6 billion in January-June 2022, double against the same period of 2021, in line with data from company representatives. more

08.05.2022

Allianz Group, present on the Romanian market through insurance company Allianz-Tiriac, on Friday said it ended the first half of 2022 with total revenues of EUR81.2 billion, up 7.2% on the year, data more

06.16.2022

Insurance company Allianz-Ţiriac ended the first quarter of 2022 with underwritten gross premiums of almost RON820 million, more than twofold the level reported in the same period of 2021, with sales more

05.12.2022

Allianz Group, present on the Romanian market through insurance company Allianz-Tiriac, on Thursday said it ended the first three months of 2022 with total revenues of EUR44 billion, up 6.2% on the more

03.25.2022

Gothaer Asigurari Reasigurari has changed its name to Allianz-Tiriac Unit Asigurari on Friday, following its takeover by Allianz-Tiriac Asigurari. more

02.28.2022

Insurance company Allianz-Tiriac on Monday said it ended 2021 with underwritten gross premiums of over RON2 billion, up nearly 55% versus 2020, and an operating profit of RON162 million. more

02.18.2022

Allianz Group, present on the Romanian market through insurance company Allianz-Ţiriac, ended 2021 with total revenue of EUR148.5 billion, up 5.7% on the year, reaching an operating profit of EUR13.4 more

02.09.2022

Gothaer Asigurari has started the necessary steps to align with Allianz-Tiriac's operations. Ciprian Pop, Gothaer's new CEO recently approved by the Romania’s Financial Supervisory Authority (ASF), more

12.28.2021

Allianz-Tiriac has received approval from the Financial Supervisory Authority (ASF) to become a significant direct shareholder of Gothaer Asigurari, ASF officials said. more

12.16.2021

Insurance company Allianz-Tiriac on Thursday reported gross underwritings of over RON1.2 billion in January-September 2021, up over 19% on the year, with all significant business lines seeing more

11.24.2021

Allianz-Tiriac, an insurance company part of Germany’s Allianz group, has received approval from both the Competition Council and the Financial Supervisory Authority (ASF) for the acquisition of a more

11.11.2021

Germany’s Allianz group, present in Romania through insurer Allianz-Tiriac, ended the first nine months of 2021 with EUR7.26 billion revenues, 38.9% higher than in the same period of 2020, and more

09.21.2021

Allianz-Tiriac in the first half of 2021 underwrote premiums worth over RON768 million, up 12% against the similar period of last year and around 10% higher than in 1H/2019. more

09.01.2021

Daniela Covacescu, with over 20 years of experience in the field of financial-banking and insurance, was recruited by Allianz-Ţiriac Asigurari for the position of Chief Operating Officer (COO). more

08.25.2021

Insurance company Allianz-Ţiriac has signed a lease contract to relocate its head office to the Tiriac Tower office building located in Bucharest’s Victory Square, where it will occupy three floors more

06.24.2021

Allianz-Ţiriac on Thursday said its underwritten gross premiums totaled RON396.7 million in the first quarter of 2021, slightly higher than nearly RON393 million reported in the year-earlier period, more