GWP of the Romanian insurer Allianz-Tiriac Asigurari, part of Germany's Allianz Group, increased by 21.5% on the year in the first three months of 2026, reaching nearly RON 1.1 billion (EUR 210.3 million), SeeNews writes.

Allianz-Tiriac Asigurari achieved a net profit of RON 124.6 million in the first quarter of the year, up by an annual 42.2%, according to the insurer.

Motor insurance recorded the largest contribution in absolute terms to the insurer's results in 1Q2026, with premiums increasing by 25% compared to the same period of 2025.

At the end of March, Allianz-Tiriac's customer base stood at 1.8 million individuals and companies. Gross technical reserves increased by 22.1% year-on-year to nearly RON 7 billion, while the insurer maintained a Solvency II ratio of 135%, the source said.

*EUR 1 = RON 5.231