The life insurance portfolio increased by some 65,000 customers compared with the end of 2025, exceeding 313,000 customers with active policies. Underwritings on this segment grew by 32.8% to RON147.5 million against the first quarter of 2025.
Car insurance saw a 25% surge in underwritings year-over-year in the first quarter of 2026.
The company reported net profit of RON124.6 million for the fist quarter of 2026, up 42% year-over-year, and total expenses with gross damage claim payments of RON718.8 million. Gross technical reserves (the total financial obligations Allianz-Tiriac sets aside on its balance sheet to cover future claims, unearned premiums, and policyholder benefits toward customers) rose by 22% to almost RON7 billion. The solvency ratio according to Solvency II stays put at 135%.
At the end of the first quarter of 2026, the company had a customer base of 1.8 million people and companies.
Allianz-Tiriac is a joint-venture company that is 52.16%-owned by Germany’s Allianz Group and 44.78% by Tiriac Asset Holding Limited.