Fearing the rapid success of Ivaylo's revolt in Bulgaria, Michael VIII summoned Ivan Asen, a descendant of Bulgaria's ruling dynasty living at the Byzantine Empire, granted him the title of despotes, and married him to Irene in 1277 or 1278. Michael VIII then sent several Byzantine armies in an attempt to install Ivan Asen III on the throne. This caused an alliance between Ivaylo and the dowager Bulgarian empress Maria Kantakouzene: she married Ivaylo, who was recognized as Bulgarian emperor in 1278, without deposing or disinheriting the young Michael Asen II, her son by the late Constantine Tikh, whom Ivaylo killed at the beginning of the revolt. Although Ivaylo defeated several of Michael VIII's attempts to depose him, he was blockaded for three months in Drăstăr by the Mongol allies of Michael VIII. In the interval a Byzantine force besieged the Bulgarian capital, Tarnovo, and, hearing a rumor of Ivaylo's death in battle, the local nobility surrendered and accepted Ivan Asen III as emperor in 1279 and Irene became the new empress consort of Bulgaria. Although the ex-tsarina Maria Kantakouzene and her son were sent to exile in Byzantium, Ivan Asen III and Irene failed to assert themselves throughout the country. Byzantine authors say that the tsar and the tsarina did not feel comfortable living in the palace where they had been surrounded by еnemies. Ivaylo reappeared before the walls of the capital and defeated two Byzantine attempts to relieve Ivan Asen III. In 1280, Ivan Asen and Irene secretly fled Tarnovo with choice treasures taken from the palace treasury, including pieces captured from defeated Byzantine emperors in former victories. Reaching Mesembria, the imperial couple sailed for Constantinople, where the enraged Michael VIII refused to receive them for days for their cowardice. George Pachymeres reports that in 1305 Irene Palaiologina attempted to arrange a mutiny against her brother Andronikos II Palaiologos in revenge for the assassination of her son-in-law Roger de Flor. The plot was uncovered and Irene was placed under house arrest.
Family
By her marriage with Ivan Asen, Irene Palaiologina had several children:
Theodora Asenina, who married Fernan Jimenez d'Aunez and then Manuel Tagares.
Maria Asenina, who married Roger de Flor.
They became the progenitors of the large and influential family Asen in the Byzantine Empire, which prospered in various court and provincial offices until the end of the empire and its dependencies in the mid-15th century. One of Eirene's descendants, Irene Asanina married the future Byzantine Emperor John VI Kantakouzenos and through their daughter Helena, became the ancestress of later Byzantine emperors.