News - Insurance

POLAND: Border motor policies issued in 2019 decreased by half

During 2019, almost 3.9 million vehicles registered outside the European Economic Area (EEA) entered Poland through its eastern borders with Belarus, Russia and Ukraine. Although the traffic at these borders remains high, the number of border policies issued during 2019 dropped by half when compared to 2018, Polish Motor Insurers' Bureau (PBUK) informs.

Pietro Toffanello appointed Head of Guy Carpenter Japan

Guy Carpenter & Company announced the appointment of Pietro Toffanello as Head of Japan in Q1 2021. In this role, Toffanello will be responsible for managing Guy Carpenter's business activities across Japan.

CHUBB names John KEOGH President

CHUBB announced that John KEOGH, Executive Vice Chairman of CHUBB Group and Chief Operating Officer, has been appointed President and Chief Operating Officer, effective immediately. He will continue to report to Evan G. GREENBERG, Chairman and CEO, and his current broad companywide responsibilities remain unchanged.

STATISTICS: BELARUS, 3Q2020: The market expanded by 6.43% y-o-y

For 9 months of 2020, GWP of the Belarusian insurance market amounted to BYN 1.09 billion (EUR 355.72 million), which is 6.43% more y-o-y in local currency. At the same time, paid claims increased by 12.25% to BYN 577.79 million, according to the data published by the Ministry of Finance of the Republic.