Italian insurer Generali announced Q1 2022 excellent profitability with growth in premiums and operating result.

Austrian UNIQA Insurance Group reported Q1 2022 premium growth of 4.3%, a consolidated net profit of EUR 106.4 million and investment income of EUR 169.6 million.

Dutch insurer Aegon announced its Q1 2022 net result increases by 7% compared with the first quarter of 2021 to EUR 412 million, reflecting a EUR 372 million book gain from the sale of Aegon's businesses in Hungary and a non-economic loss on interest rate hedges.

The current landscape of insurance distribution in Romania and the CEE, the challenges and perspectives of the market, as well as the best solutions for answering the customers' needs are just a few of the topics analyzed during the Insurance Brokerage Conference, taking place at FIAR 2022 - The International Insurance-Reinsurance Forum.

The Motor Insurance Conference, organized during FIAR 2022 - The International Insurance-Reinsurance Forum focused on challenges, opportunities and the current context of the motor insurance segment at international and national levels.

The "Insurance Market Trends" conference, taking place on Monday, 23 May during FIAR 2022, focused on the main trends, challenges and opportunities on the national, regional and international insurance markets.

Munich Re, one of the world's leading providers of reinsurance, primary insurance and insurance-related risk solutions, is enhancing the acceptance of artificial intelligence (AI) with its new CertAI validation service, the company said.

Zurich Insurance Group reported strong Q1 2022 business growth in both business lines. Thus, Property & Casualty (P&C) gross written premiums was up by 8% y-o-y to USD 11.93 billion, Life annual premium increased by 14% y-o-y to USD 996 million, while Farmers GWP expanded by 29% y-o-y to USD 6.88 billion.

In 2021, net profit of the insurance sector of Azerbaijan amounted to AZN 66.04 million (~EUR 34.27 million), which is 27.8% less than in 2020. In the reporting period, the insurance sector's income decreased by 6.7% to AZN 923.64 million, ABC.AZ reports citing Interfax.

According to the Bureau of Motor Insurers of Armenia, the number of vehicles with MTPL policy increased in January-April 2022 by 11.1% y-o-y (vs 5.5% in the same period in 2019). In quantitative terms, by May 2022, there were already 587,297 such vehicles, ArmInfo reports.

Austrian insurer Vienna Insurance Group posted Q1 2022 premium volume worth EUR 3.45 billion, up by 11.2% y-o-y or by EUR 348 million in absolute values. The insurer mentioned there has been premium growth across all business lines and segments, the largest increases being reported in MTPL (+18.8%), other property and casualty insurance (+15.2%) and health insurance (+11.6%).

Global reinsurer Munich Re reported Q1 2022 profit of EUR 608 million (vs. EUR 589 million in Q1 2021), while gross premiums written increased substantially by 15.7% year on year to EUR 16.83 billion (EUR 14.55 billion), "supported by strong organic growth across all segments, especially in property-casualty reinsurance".

German insurance group Allianz informed that Q1 2022 total revenues rose by 6.2 % to EUR 44.0 billion (vs. EUR 41.4 billion), while the operating profit decreased by 2.9% to EUR 3.2 billion.

Allianz Global Corporate & Specialty SE (AGCS), the corporate insurance carrier of Allianz Group reported Q1 2022 gross premium written worth EUR 3.025 billion, an increase of EUR 87 million vs. Q1 2021 (EUR 2.938 billion).

The business of insurance companies operating in Bosnia's Federation expanded 9% y-o-y to BAM 196.5 million (EUR 100.5 million) from January to April this year, SeeNews reports according to what official data showed.

Beazley, Chubb, Munich Re, Fairfax Financial Holdings and AXA - were in 2021 according to Insuramore - the top 5 largest worldwide insurer groups' as GDPW (gross direct premiums written) from cyber insurance, and accounted together for more than 60% of global cyber insurance market estimated at USD 8.61 billion.

MMC (Marsh McLennan) informed that Dr. Swenja SURMINSKI has joined the Marsh McLennan Advantage Insights team as Managing Director of Climate and Sustainability.

French reinsurer SCOR announced the appointment of Alexandre GARCIA as Head of PR and Corporate Communications, with immediate effect.

According to the results of 2021, the insurance sector of Tajikistan amounted to TJS 287 million (EUR 22.43 million), which is 21.7% more than in 2020, according to the data published in the report of the National Bank.

The war in Ukraine has made many Latvians think about their own and their family's financial safety and take measures to improve it - a quarter or 24% of Latvians have started to create savings, insure their lives or take legal action to settle their liabilities, according to the Latvian Insurers' Association (LAA) and the sociological research agency Norstat.