An increase on the life insurance segment helped boost revenues, but general insurance still accounted for over 88 percent of Allianz-Tiriac’s premiums in 2012.
“If we take into account the team’s efforts, Allianz-Tiriac would have deserved better results in 2012. Competition is very high on the Romanian insurance market, which is not only visible at a pricing level, but in financial strength, quality of services and, in the end, in the trust of clients,” said Remi Vrignaud, CEO of Allianz-Tiriac Asigurari.
Read the entire article in Romanian, here.