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FITCH affirms Kazakhstan's long-term foreign-currency issuer default rating at BBB/Stable outlook
FITCH Ratings affirmed Kazakhstan's long-term foreign-currency issuer default rating (IDR) at 'BBB" with a Stable Outlook which reflects strong public and external balance sheets due to large government savings and a substantial sovereign net foreign asset position.
S&P Global Ratings assesses industry and country risk in the Kazakh non-life sector (-/Stable/-3) as moderate
S&P Global Ratings assesses industry and country risk in the Kazakh non-life sector (-/Stable/-3) as moderate, which reflects high country risk resulting from a highly centralized political environment and moderate GDP growth.
Kazakh insurance market in the beginning of the year: premiums increased by 69.7%
Insurance market of Kazakhstan saw growth in the beginning of the year. Overall written premiums grew by 69.7%, while in the same period of 2017 also had an up-trend by 49.6%, - says Kazakh internet data portal Allinsurance.kz.
Kazakhstan-Based Oil Insurance Co. 'B+' Rating Placed on CreditWatch Negative on Partial License Suspension
On March 3, 2018 Oil Insurance's (NSK) license to write obligatory insurance business was suspended for three months, following procedural violations and capital adequacy breaches the previous year.
FITCH rates Kazakh insurer STANDARD Life "B"
FITCH Ratings assigned Kazakhstan-based Life Insurance Company STANDARD Life an Insurer Financial Strength (IFS) Rating of 'B' and a National IFS Rating of 'BBB-(kaz)'. The Outlooks are Stable.
A.M.Best, S&P and Fitch ratings analysts will speak at the risk-management conference
On 19-20 April, 2018, leading world risk management experts will address the Kazakhstan's audience at the annual XIV International Risk Management Conference held by Eurasia IC JSC in Almaty at The Ritz-Carlton Hotel.
Kazakh insurance market is expecting profound changes in life insurance
In 2018 Kazakh market is expecting significant changes, according to the Chairman of the Management Board of the life insurer NOMAD Life and participant of the commission on amendment of insurance legislation, Kayrat CHEGEBAEV.

STATISTICS: KAZAKHSTAN, FY2017: insurers reported about EUR 144 million in FY net profit
The Kazakh insurance market totaled KZT 370.17 billion (about EUR 930 million) in 2017 up by 3.72% than a year before, as showed by the year-end figures published by NBK.
A.M. Best revises outlooks to stable for Halyk-Kazakhinstrakh, insurance arm of Halyk Bank of Kazakhstan, JSC
A.M. Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of "bbb" of Halyk-Kazakhinstrakh, Insurance Subsidiary Company of Halyk Bank of Kazakhstan, JSC (Kazakhinstrakh) (Kazakhstan).

STATISTICS: Kazakhstan, 3Q2017: Total GWP up by 4.41%. Motor Hull, CARGO and financial losses classes saw a negative evolution
In 3Q 2017, the GWP of local insurance market have grown slightly by 4.41%, to KZT 289.23 billion. On the non-life insurance side, Motor Hull, CARGO and financial losses classes saw decreasing GWP volumes.
ON THE MOVE
Changes in Management and Market Responsibilities at VIG Re
Starting 1 April 2018, VIG Re has realigned its organizational structure and management responsibilities to drive operational efficiencies and secure its cost leadership.
AIG names Anthony VIDOVICH as Chief Claims Officer, General Insurance
American International Group (AIG) announced that Anthony VIDOVICH will join the company as Chief Claims Officer, General Insurance, effective May 14, 2018.
Zurich: leadership transition in EMEA business
Currently group CEO of AXA UK and Ireland, Amanda BLANC will also join the executive committee at ZURICH, with the handover scheduled to complete in the fourth quarter of 2018. BLANC is to succeed Gary SHAUGHNESSY as CEO of ZURICH Insurance's EMEA business.
NN Group announces appointments in Executive and Supervisory Boards
The Supervisory Board of NN Group N.V. intends to reappoint Delfin RUEDA as member of the Executive Board and to designate him as Chief Financial Officer (CFO) of NN Group N.V. and vice-chair of the Executive Board for a term of four years.
TOP EVENT
What re/insurance professionals are already on FIAR 2018's list of speakers?
Specialists from ICMIF - International Cooperative Mutual Insurance Federation and PensionsEurope, representatives of national insurance associations from Austria and Turkey, as well as professionals representing SWISS Re, GEN Re and AUDATEX are just a few of the speakers who have already confirmed their presence at FIAR 2018 - The International Insurance-Reinsurance Forum.
The "Challenges and Practice of Insurance Supervision in South East Europe" Conference - Main conclusions
Insurance professionals from all over Europe gathered on Tuesday, 17 April, in Zagreb, Croatia, at the "Challenges and Practice of Insurance Supervision in South East Europe" conference. The event represents a unique forum for an open dialogue between insurance companies and insurance supervisory authorities of the SEE region.
LIVE: XII International Conference Insurance in Central Asia
In 2017, life insurance was the market driver for the Russian insurance market, mainly due to investment life insurance

LIVE: Moscow, Russia: The XXII International Reinsurance Conference
The XXII International Reinsurance Conference has started today in Moscow, organized by Delovoy Format, with the support of the Russian Insurers Association. XPRIMM, the traditional Media Partner of the conference, has launched on the occasion the latest edition of its Insurance Profile Russia, providing for 2017 insurance statistical data.

"IIF 2018 - PROPERTY INSURANCE - the NatCat challenge and beyond" Conference: Main conclusions
The "IIF 2018 - PROPERTY INSURANCE - the NatCat challenge and beyond", taking place on Friday, 23 March, in Prague, bought into debate the NatCat insurance gap, but also the newly developed aspects of the manmade property risks.

The 4th edition of the European Consumer Protection Conference: Main conclusions
The European Consumer Protection Conference, taking place on Thursday, 22 March, in Prague, brought into debate the consumer environment in the current European regulatory and economic landscape, the upcoming legislative changes that will benefit consumers and users of insurance and private pension products, as well as digitalization and the impact of technological advances in the field of financial services.

"IIF 2018 - MOTOR INSURANCE - the innovation challenge" Conference takes place today in Vienna. Read the main statements
Insurance professionals from all over Europe gather today, 16 March, in Vienna, to participate at the "IIF 2018 - MOTOR INSURANCE - the innovation challenge" conference.

"IIF 2018 - CEE & SEE - Regional Actuarial Insurance Conference": Main conclusions
Industry professionals from CEE gathered on 22 February, in Macedonia, at the "IIF 2018 - CEE & SEE - Regional Actuarial Insurance Conference", to analyze the current reality of the actuarial job.
Events
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The Eurofi High Level Seminar - by invitation only
25 - 27 April 2018
Sofia, Bulgaria
Organizator: Eurofi -
The Digital Transformation Stories Conference
15 May 2018
London, UK
Organizer: Global Insight Conferences
Media Partner: XPRIMM Publications
For details: https://digitalstoriesconference.com/ -
Pan-European Pension Forum
17 - 18 May, 2018
Prague, Czechia
Organizer: GLC Europe
Media Partner: XPRIMM Publications
For details: glceurope.com -
Strategic Risk Management for Transformation in Insurance
24-25 May 2018
London, United Kingdom
Organizer: marcus evans
Media Partner: XPRIMM Publications
For details:marcusevans-conferences-paneuropean.com -
The 32nd International Insurance Tennis Tournament
1-3 June, 2018
MILTAS - Milli Re's Sports Club
Organizer: MILLI Re -
XVI Russian Insurance Summit
6 June 2018
Saint Petersburg, Russian Federation
Organizer: All-Russian Insurance Association
Co-organizer: Informational Group "Insurance Today"
Media Partner: XPRIMM Publications
For details: www.insuranceconference.ru -
CONNECTED INSURANCE SUMMIT
11 - 12 June, 2018
Hilton Tower Bridge, London, UK
Organizer: Insurance Nexus
Media Partner: XPRIMM Publications
For details: events.insurancenexus.com -
International Conference InsuranceNEXT'UA 2018
14- 15 June 2018
Kiev, Ukraine
Organizer: Ukrainian Federation on Insurance
Media Partner: XPRIMM Publications
For details: https://insurancenext.org.ua/en/ -
INSURANCE CUSTOMER ENGAGEMENT
19 - 20 June, 2018
The Grange Tower Bridge Hotel, London, UK
Organizer: Insurance Nexus
Media Partner: XPRIMM Publications
For details: events.insurancenexus.com -
8th Annual Africa Insurance and Reinsurance Conference
20-21 June, 2018
Nairobi, Kenya
Organizer: Aidem Business Solutions
Media Partner: XPRIMM Publications
For details: aidembs.com