The term extension is now pending approval from the Financial Supervisory Authority (ASF).
Allianz-Tiriac ended 2021 with more than RON2 billion in gross written premiums, an increase of about 55% on 2020 and RON162 million operating income. Last year was its best ever in terms of sales, profitability and number of customers, the insurer said.
The company posted RON820 million gross written premiums in the first quarter of 2022, more than double the year-ago period, as a result of the expansion of the customer portfolio.
(English version by Loredana Fratila-Cristescu)