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VIENNA Insurance Group completes mergers in Hungary and Slovakia
VIENNA Insurance Group announced Hungary's central bank approved the merger of the three VIG Group companies. Thus, starting 1 April 2018, VIG will be represented in Hungary solely by the insurance company UNION Biztosito, while in Slovakia, bancassurer Poistovna Slovenskej sporitelne (PSLSP) will merge with Kooperativa Poistovna.
HUNGARY: Green light from the Central Bank for the three VIG units' merger
The National Bank of Hungary (MNB) announced on its website it approved the merger of the three local subsidiaries of the Austrian VIENNA Insurance Group into one company. Gabor LEHEL, CEO of UNION Biztosito, will be Chairman of the Board of the resulted entity after the merger.

STATISTICS: HUNGARIAN insurers reported EUR 2.3 billion in GWP in the first nine months
Hungarian insurers nine-months GWP was up by 6.6% y-o-y to HUF 711.2 billion (EUR 2.3 billion), according to the most recent market figures published by the National Bank of Hungary (MNB).
Hungary: only 1,8% of the registered vehicles have no MTPL insurance policy
The number of cars not covered by MTPL insurance in Hungary has decreased substantially during the last five years, from 5.8% to 1.8%, as in September 2017, MABISZ - the Hungarian insurers' association said.

STATISTICS: HUNGARY, 1H2017: Insurers' GWP up by 6.16% while the market technical result decreased by 13.73%
Hungarian insurers first half GWP was up by 6.16% y-o-y to HUF 485.81 billion (EUR 1.57 billion), according to the most recent market figures published by the National Bank of Hungary (MNB).

STATISTICS: HUNGARY, 1Q2017: incurred claims went up by 12.2%, while GWP increased by only 8.5% y-o-y
The Hungarian insurance market totaled HUF 254.7 billion (EUR 825 million) at the end of March 2017, 8.5% more y-o-y, according to the statistics published by the Central Bank.
HUNGARY: VIG to merge ERSTE, UNION and VIENNA Life into one company
Austrian insurer VIENNA Insurance Group (VIG) announced it will merge its three Hungarian subsidiaries - ERSTE Biztosito, UNION Biztosito and VIENNA Life Biztosito - into one company.
HUNGARY: CIG Pannonia to merge MKB insurers into its units
Hungarian insurer CIG Pannonia announced it will merge into its units (CIG Pannonia Life Insurance and CIG Pannonia First Hungarian General Insurance) the two MKB insurers recently acquired: MKB Life Insurance and MKB General Insurance.

STATISTICS: Hungarian market leaders in 2016
The thirty active members of MABISZ (the Hungarian insurance association) posted aggregate FY2016 GWP of HUF 920.6 billion (~ EUR 2.9 billion), up by 5.1% y-o-y, according to the association's website.
STATISTICS: HUNGARY, FY2016: the MTPL tariffs increase sustained the market GWP volume evolution
Hungarian insurance market ended 2016 with GWP of HUF 886 billion (EUR 2.85 billion), about 6% up y-o-y, benefitting especially from the positive effect exerted by the MTPL premium increase on the underwriting volume.
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