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Bucharest
September 24, 2021
ECONOMY FINANCE&BANKING

Allianz-Tiriac in Q3 2015 – consolidating business

The results registered by Allianz-Tiriac Asigurari reconfirm the company’s sustainable cycle of healthy development. With revenues of RON 243 M in July-September, Allianz-Tiriac registers growth for the ninth consecutive quarter.
Since the start of the year, the value of general and life insurance subscriptions climbed to RON 776 M, registering in the first 9 months of the year a growth of 6.4 per cent year-on-year. The growth of the volume of gross subscribed bonuses was duplicated by a positive evolution of the operating profit. This indicator stood at RON 14 M in July-September, taking the operating profit of the January-September period to RON 54.4 M.
“We are certainly going through a period of consolidation for the Allianz-Tiriac Asigurari business, and the consistency of the positive results we register quarter after quarter confirms the fact that we are on the right track. We have a coherent strategy, a solid business model that is proving its long-term viability. And our results show that an ever growing number of clients appreciate the true value, stability and consistency of services and choose accordingly,” Allianz-Tiriac Asigurari CEO Remi Vrignaud (photo) stated.

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