From January to October 2022, compulsory state social insurance in Azerbaijan amounted to about AZN 3.7 billion (~EUR 2.19 billion), ABC.AZ reports citing the State Tax Service under the Ministry of Economy. This result is 18.4% more than in the same period in 2021.

For 10 months of 2022, the MTPL loss ratio in Armenia decreased to 64% from 78% in the same period last year, being even lower than the pre-Covid 72% in January-October 2019, ArmInfo reports.

Lloyd's - the world's leading insurance and reinsurance marketplace, announced that claims to the Lloyd's market arising from Hurricane Ian are estimated to be in the range of USD 2.3 billion - USD 3 billion net of reinsurance, based on Q3 data provided by Lloyd's syndicates.

The rating agency Fitch Ratings has upgraded to "stable" the outlook of Euroins Insurance Group (EIG), the insurance division of the Bulgarian holding - Eurohold.

SCOR d the appointment of Emma Bartolo as the Global Segment Leader for its Environmental Impairment Liability (EIL) insurance portfolio. She will join SCOR in February 2023.

Despite the major geopolitical and economic challenges, Vienna Insurance Group (VIG) 3Q 2022 results improved y-o-y. The Group expects year-end GWP worth at least EUR 12 billion and profit before taxes that surpasses the previous year's figure of EUR 511 million.

Zurich's Property & Casualty (P&C) GWP rose 8%, with growth of 13% on a like-for-like basis. Life new business annual premium equivalent up 2% on a like-for-like basis, with margin at an attractive level of 26.5%. Capital position is very strong with Swiss Solvency Test ratio estimated at 252% as of September 30, 2022, the group's press release said.

Generali's GWP increased to EUR 59.8 billion (+1.3%), driven by growth in P&C (+10.3%), led by the non-motor line. Life premiums contracted (-2.9%), to EUR 7.7 billion, driven by the unit-linked and protection lines. Operating result continued to rise to EUR 4.8 billion (+7.8%), thanks to the positive

Allianz SE's operating profit in 3Q rose by 7.4% to EUR 3.5 billion, driven by the Property-Casualty segment. Total revenues increased by 1.3% to EUR 34.8 billion, net income - by 16.7% to EUR 2.5 billion. After 9M2022 total revenues reached EUR 116 billion, operating profit - EUR 10.2 billion, while net income decreased by 31.5% to EUR 4.7 billion mainly due to a provision booked in 1Q.

Christos Adamantiadis was appointed CEO, Continental Europe at Marsh, the world's leading insurance broker and risk advisor, effective 1 January 2023. Mr. Adamantiadis will be based in Zurich and report to Flavio Piccolomini, President of Marsh's International Division.

German insurance group Talanx is on track to meet its annual targets after the end-September result The insurer's representatives pointed out in a statement that the growths registered in premium income and net income in the first nine months of the year compensates for high losses from natural disasters and the reserves booked for potential losses arising from Russia's war of aggression against Ukraine.

French reinsurer SCOR reported net loss of EUR 509 million for the first nine months of 2022, "reflecting mainly the impacts of Nat Cat claims (EUR -907 million) and the non-recognition of Deferred Tax Assets (EUR -139 million), while the impact of the P&C reserves strengthening is broadly offset by the release of L&H excess margin in the third quarter", the company announced in a statement.

Allianz Global Corporate & Specialty SE (AGCS), the corporate insurance carrier of Allianz Group reported January-September 2022 GWP worth EUR 8.486 billion, up by EUR 1.06 billion or by 14% y-o-y.

In the first nine months of 2022, Croatian conglomerate ADRIS Grupa, with business in tourism, food production and insurance (Croatia Osiguranje) - posted total revenue worth HRK 5.2 billion (~EUR 0.7 billion), up by 15% compared to the same reporting period last year.

As the results of the third quarter of 2022 show, the MTIBU (Motor Transport Insurance Bureau of Ukraine) made 1.4 thousand payments from the Victim Protection Fund of the Bureau in the total amount of UAH 68.3 million (~EUR 1.89 million), as the Bureau said in its press release.

The number of citizens who insured their lives exceeded 15% of the entire population, according to the data from the last census conducted last year. Of all the insured, 82% have policies that insure death, the rest 18% invested in life insurance with a savings component, the ISA (Insurance Supervision Agency) said.

In Kazakhstan, on November 7, 2022, by the decision of the Commission of the Agency of the Republic of Kazakhstan for Regulation and Development of the financial market, Igor YAKOVENKO was elected to the position of insurance ombudsman, Allinsurance.kz reports with reference to the Agency.

By the end of October, insurers paid out four times as much in total for drought damage alone. In the coming period, this amount is expected to increase by HUF 1.2 billion, according to the Association of Hungarian Insurers (MABISZ), portfolio.hu wrote.

The President of the Board of Directors of the Croatian Financial Services Supervisory Agency (HANFA), Ante ZIGMAN, was elected for the third time as a member of the Executive Board of the International Association of Insurance Supervisors (IAIS) as a representative of the CEET region (Central and Eastern Europe and Transcaucasia), svijetosiguranja.eu wrote.

French reinsurer SCOR announced that its BoD decided to co-opt Martine Gerow, CFO of American Express Global Business Travel, as a director. She replaces Kory Sorenson - who has decided to resign from the Board for personal reasons.