The increase was driven by motor insurance (+3.4%), traditional life insurance (+12.2%), property insurance (+6.5%), and other non-motor general insurance lines (+23.9%).
The company’s net profit exceeded RON364 million in January-September 2025.
“The results for the first nine months of this year confirm our ability to contribute to the financial security of Romanians and the solid direction in which Allianz-Tiriac is evolving. The fact that more than RON1.2 billion was returned to customers in the form of claims payments highlights our essential role in critical moments, when people need real, fast, and fair support. At the same time, we are seeing a clear maturation of the market and growing interest in protection, which allows us to build a balanced and resilient portfolio. Allianz-Tiriac is currently in a consolidation phase, reflected in strong capital, robust products, predictable processes, and efficient services. In this context, we expect a healthy growth rate of around 5–7% per year, a sustainable pace based on quality and trust,” said Virgil Soncutean, CEO of Allianz-Țiriac Asigurari.
Total expenses incurred by gross damage claims exceeded RON2 billion in the first nine months of 2025, up 7.6% compared to the same period of 2024.
Allianz-Tiriac Asigurari closed the first nine months of 2025 with over RON6.2 billion in technical reserves and a solvency ratio of 136%, in line with Solvency II requirements.
In 2025, Allianz-Tiriac Asigurari paid record claims for insured homes, amid increasingly frequent and severe risks. The largest claim on the home insurance segment amounted to RON 912,000, 66% higher than the largest claim paid in 2024, and was granted to a family in Suceava following devastating floods in northern Romania, the area most affected by extreme weather events this year. The total value of flood-related damages covered by Allianz-Tiriac in northern Romania reached RON 2 million.
At the same time, the company paid significant claims following the explosion in Bucharest’s Rahova district where nine apartments in the affected building were covered by optional insurance policies with Allianz-Tiriac. Total compensation paid so far to the affected families exceeds RON1.8 million.
Property insurance in Allianz-Tiriac’s portfolio increased by 6.5% in the first nine months of 2025, reaching RON292 million, supported by higher interest following devastating events. Such policies provide comprehensive protection for homes and complement the mandatory PAD insurance, which covers only earthquake, flood, and landslide risks. Overall, around 300,000 properties in Romania are protected by optional insurance policies from Allianz-Tiriac.