News - Insurance

Maksym Shylov appointed as GrECo's Group Practice Leader

GrECo announced Maksym Shylov's appointment as Group Practice Leader. He will be responsible for the strategy and development of this Specialty in all GrECo Group countries, including Poland where he will be located.

Insurance Europe: EC should make European Long-Term Investment Funds more attractive to long-term institutional investors

Insurance Europe has published its response to an inception impact assessment conducted by the European Commission on the revision of the European Long-Term Investment Funds (ELTIF) Regulation. The Commission's objective in developing ELTIFs is to attract investment from institutional and private investors to increase the amount of private finance available for European companies.

Aon: Year-end 2019 global premiums stood at an all-time high of USD 5.6 trillion

Aon has launched the 15th edition of its annual Insurance Risk Study, which provides data-driven analyses of the global insurance industry by business line and by region. The Study reviews the industry's performance in 2019 - providing data on premium and capital levels - evaluates areas of growth and profitability, and of potential risk.

GREECE: The ETHNIKI investor to include in contract a target clause

National Bank of Greece is in advanced talks with CVC Capital Partners about the sale of ETHNIKI Insurance - the largest insurance company in Greece. The value of the transaction of sale of 80% of Greek insurer - mentioned by media is around EUR 460-480 million.