Starting January 1, 2023, Artur BOROWINSKI will be the new President of the Management Board of one of the largest insurers in Poland - ERGO Hestia, replacing Piotr Maria SLIWICKI - which headed the company since the beginning of the company's operations - for more than 31 years.

Widespread inflation and increasing healthcare utilization are combining to drive projected increases in global healthcare benefit costs to their highest level in nearly 15 years, according to a survey of global medical insurers conducted by WTW.

Insurers and Reinsurers tackling the legal, regulatory and business challenges of risk and disruption in the face of technological, structural, climate and political change and uncertainty in a post-pandemic age participated, in the beginning of October, at the 9th AIDA EUROPE Conference.

Slovenian insurers reported GWP up by 4.62% y-o-y in 1H2022, to EUR 1.48 billion. The absolute trend setter was the non-life segment which saw a 6.3% GWP growth rate, to EUR 1.08 billion, while the life insurance segment remained, overall, at the 1H2021 GWP level, of EUR 393.6 million. Yet, one should notice that the Unit-Linked products line was the one which, by recording a 7.6% premiums growth, has offset the negative trend seen on the traditional life insurance lines. Paid claims went up by about 11,67%, to EUR 906 million, mostly driven by the health insurance line.

According to the Polish Financial Supervision Authority (KNF) data, the local insurance market ended the first half of 2022 with GWP slightly under the 1H2021 level (-0.5% y-o-y). Thus, GWP reached EUR 7.57 billion. The stagnant status of the market was determined entirely by the life insurance segment which saw a 8.3% decrease in GWP. The results confirm the data previously released by the Polish Chamber of Insurance (PIU).

Bulgarian insurance market totaled almost BGN 1.8 billion (EUR 918 million) at the end of June 2022, up by 9.8% y-o-y, according to the official data provided by Financial Supervision Commission - FSC. The number of insurance companies active in Bulgaria decreased to 44 at the end of June from 51 a year earlier.

XPRIMM Team has prepared for the Baden-Baden Reinsurance Meeting four editorial premieres that will meet their first readers between 23 to 26 October 2022, when the team will be attending the event looking forward to meeting partners, colleagues and friends at one of the most important events in the international reinsurance calendar.

More and more Poles are reaching for the help of psychologists and psychiatrists. According to the data of Polish health insurer TU Zdrowie, the number of consultations provided in the first half of 2022 increased by almost 40% compared to the same period of the previous year.

NN Group announced that its subsidiary NN Insurance Belgium has completed the sale of a closed book life portfolio to Athora Belgium, announced about a year ago.

NN Group announces that it has reached an agreement with Rockbridge to sell the former MetLife asset management business in Poland.

On October 6, 2022, the Verkhovna Rada of Ukraine approved a resolution on the dismissal of Kirill Shevchenko from the post of Chairman of the National Bank of Ukraine, a position that he was appointed to on July 16, 2020, Forinsurer reports.

The recent note prepared jointly by staff members of the International Association of Insurance Supervisors (IAIS) and the Access to Insurance Initiative (A2ii) is focused on gaps in coverage for types of risk where diversification is more difficult to achieve as coverage for non-damage business interruption (BI) losses in the context of pandemics.

According to the data of the Croatian Insurance authority, by September 2022, GWP of the insurance companies reached HRK 9.73 billion (~EUR 1.28 billion), which represents an increase of 7.90% y-o-y, svijetosiguranja.eu wrote.

The Bulgarian insurance sector celebrates 140 years of insurance in Bulgaria and 30 years since establishment of the Association of Bulgarian Insurers (ABZ) in 2022. In honor of these anniversaries, ABZ organized an anniversary conference "140 years of insurance in Bulgaria" on October 5, 2022 at the Hyatt Hotel, the Association said.

The Council of Ministers of Belarus has determined authorized insurance organizations to make the initial payment of Belarus' share in the charter capital of the Eurasian Reinsurance Company (ERC) in 2022-2023 in the amount of 25%, BelTA wrote.

The Association of Insurers of Azerbaijan has prepared a "road map" of the Insurance Community of the Turkic World. The first meeting of insurance companies-members of the Community will be held in October, Trend wrote with reference to the association.

Marsh, the global leader in insurance broking and risk consultancy, announced its customers will be able to benefit from preferential renewal offers from insurers AIG and Zurich Insurance Group (Zurich). The new conditions will be available to companies that complete and use the Marsh ESG Risk Rating tool.

Insurance Europe has published its comments on a consultation conducted by the European Insurance and Occupational Pensions Authority (EIOPA) on its draft statement on differential pricing practices.

The Geneva Association has become a supporting institution of the UN-convened Net-Zero Asset Owner Alliance (NZAOA), an alliance of institutional investors committed to transitioning their investment portfolios to net-zero carbon emissions by 2050.

Oliver BAETE has won the German Diversity Award in the category "Personality of the Year" 2022, as the German insurer ALLIANZ announced in a statement, representing "ALLIANZ`s unwavering engagement and the commitment of our CEO on diversity, equity and inclusion (DE&I)".