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Insurer Allianz-Tiriac doubles business in Q1 2022 after City Insurance bankruptcy

Romanian insurer Allianz-Tiriac, a joint venture between German group Allianz and Romanian billionaire Ion Tiriac, doubled its gross written premiums in the first quarter of 2022 compared with the same period of last year as the number of new customers increased fourfold.   The company reported that its business reached RON 820 million (EUR 166 mln) in the first quarter as car insurance subscriptions tripled year-on-year. ...

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