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Allianz-Tiriac can cover damages of almost 1 billion euros in an earthquake of 7.9 degrees, 15% above the maximum estimated damages

Allianz-Tiriac can cover damages of almost 1 billion euros in an earthquake of 7.9 degrees, 15% above the maximum estimated damages

The total exposure of Allianz-Tiriac, in case of an earthquake with a magnitude of 7.9 on the Richter scale, is approximately 815 million euros

• Allianz-Tiriac estimates the potential damages for the property portfolio based on a conservative model, with parameters far exceeding the already restrictive requirements of Solvency II.

• Allianz-Tiriac has 400 thousand individual and company clients insured against catastrophic risks.

For more information, please see the Romanian version of the article, here.

 

 

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ALLIANZ-TIRIAC ASIGURARI