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Insurance

RENOMIA's European Conference dedicated to its partners gathers brokerage companies from 28 countries

Between the 26th and the 28th of March, Prague hosted the first European conference organized by RENOMIA for its partner companies. The event celebrated the launch of the largest network of independent brokers activating in CEE and CIS - REP. More
(27.03.2017)

VIG preliminary results for 2016 show business stability and improved profitability; over 100% y-o-y increase in profit before taxes

Vienna Insurance Group (VIG) expects all-around positive results based on the preliminary figures for 2016. "We have achieved all our major targets for 2016. This sends a clear signal of the stability we feel is important to be a reliable partner in times of dynamic change," emphasised today Elisabeth STADLER, CEO of Vienna Insurance Group at a press conference in Vienna. More
(23.03.2017)

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. More
(23.03.2017)

STATISTICS: Poland FY2016: life insurance falling GWP offset by the MTPL premiums' increase

Polish insurers' business remained stable in 2016, with total GWP of PLN 56.04 billion (EUR 12.7 billion), 2.25% up y-o-y in local currency, but slightly decreasing (-1.5%) when denominated in European currency. Life insurance continued to witness a falling trend, especially on the UL products line, which saw a 23% reduction in premiums. More
(23.03.2017)

Giulio TERZARIOL appointed to ALLIANZ SE Supervisory Board

Giulio TERZARIOL (45) has been appointed to the ALLIANZ SE Board of Management as of January 1, 2018. He takes over responsibility for the Finance, Controlling and Risk Management division. He is succeeding Dieter WEMMER (60), whose contract ends at the end of 2017 upon reaching the Board's designated age limit. More
(23.03.2017)

Niran PEIRIS appointed to the ALLIANZ SE Board of Management; Christof Mascher's contract extended until 2020

Niran PEIRIS (55) is appointed to the Board of Management of ALLIANZ SE as of January 1, 2018 until December 31, 2020. Niran PEIRIS has been with ALLIANZ for 16 years in various management positions at ALLIANZ Australia, where he has served as the Chief Executive Officer since the beginning of 2013. He will take over responsibility for the Global Insurance Lines, Anglo Markets, Russia, ESG from Axel THEIS (58). More
(23.03.2017)

James TUPLIN appointed as Head of Cyber & Technology, Media and Telecoms, International at XL Catlin

XL Catlin's insurance operations today announced the appointment of James TUPLIN as Head of Cyber & Technology, Media and Telecoms, International. In this role, Mr. TUPLIN is responsible for the underwriting of Cyber insurance, as well as Professional Indemnity insurance for the Technology and Media sectors. He is based in London. More
(23.03.2017)

Inclusive insurance and Microinsurance for the CEE and Transcaucasian regions - under discussion in Ljubljana

Inclusive insurance and Microinsurance, as a more specific tool for enabling the inclusion into insurance services of low-income population, play a major role in providing financial safety-net for large parts of population and thus providing a framework for prosperity and stability of their daily lives and businesses. This is concept that underlies the "Inclusive Insurance and Microinsurance" Conference, to take place in Ljubljana, on May 17, 2017. More
(22.03.2017)

Austria, FY2016: Life insurance remains on a downward trend, affecting the overall market size

According to the Austrian Insurers Association - VVO, the preliminary figures for 2016 show an overall drop in the premium income of 2.1%, to EUR 17 billion, the main driver of the downward trend being the life insurance segment. The total insurance benefits for the year 2016 amounted to 14.8 billion euros - a drop of 3.9% y-o-y. More
(22.03.2017)

RNRC has launched a website in the Chinese language

Russian National Reinsurance Company is the first Russian reinsurer, whose Internet site became available in the Chinese language, which is the key language of South-East Asia. The Chinese language is the official language of China, Taiwan and Singapore, it is spoken worldwide by over 1.3 billion people. More
(22.03.2017)

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INTERVIEW
Thomas SCHOLLKOPF
Member of the Board, Responsible for Europe
ERGO International AG


We have no interest to be number 1 in Romania in a mid-term, neither on life nor non-life sectors, and that's not our target. I want us to be a profitable company and the best choice for brokers. That's our target: to be the best in class. 
(2017-02-02) More

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