In December 2020, Allianz-Tiriac Asigurari and Gothaer Group have announced the signing of a purchase agreement regarding the takeover of Gothaer Asigurari Reasigurari, this being the first acquisition of an insurance company made by Allianz-Tiriac after more than 25 years of organic growth.
In May 2021, the Competition Council of Romania has authorized the transaction through which ALLIANZ-TIRIAC Asigurari takes over the company GOTHAER Asigurari Reasigurari.
In December 2021, Romanian FSA (Financial Supervisory Authority) announced that the FSA Board decided to approve Allianz-Tiriac Asigurari as main direct shareholder of Gothaer Asigurari Reasigurari.
At the same time, FSA approved Virgil-Vasile SONCUTEAN as non-executive member and Chairman, as well as of Adriana- Mihaela MATACHE and Aurel BADEA as non-executive members of the Board of Directors of Gothaer Asigurari Reasigurari.
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