The market leader on the auto insurance segment, Allianz-Tiriac, introduced a new system for calculating policy costs. The premium is established not only by taking into account the price of the car and its model, but also considers the profile of the driver. Specifically, older drivers with families, less likely to drive recklessly and cause accidents will pay less for insurance while those with a history of driving incidents will pay more. In this way, the company says, the value of payments will decrease. Currently, the value of damages paid tops the value of collected premiums.

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