Romanian MTPL market continues the consolidation that began in the latter part of last year after the bankruptcy of CITY Insurance. Data reported by insurance companies and aggregated by the Financial Supervisory Authority show that in the first three months of 2022 gross written premiums (GWP) reached RON 2.47 billion, informed ASF. In Q1 2021, the Romanian MTPL market totaled RON 1.11 billion, according 1asig.ro.

Achmea has appointed Karin BOS as chair of the Non-life division from 9 May 2022. She has been Director P&C Insurance Retail in the division since 2016. Karin BOS succeeds Michiel DELFOS, who recently joined Achmea's Executive Board.

Italian insurer Generali informed it completed the acquisition from Future Enterprises Limited of 25% of the shares of Future Generali India Insurance (FGII) and will now hold a stake of around 74% in FGII.

Italian group Generali announces the appointment of Fabio CLEVA as Head of Investor and Rating Agency Relations, directly reporting to the Group CFO, Cristiano BOREAN.

Since May 1 2022, Blanca BERRUGUETE took over the role Global Industry Solution Director for Construction at Allianz Global Corporate & Specialty (AGCS). She joins AGCS from Zurich Insurance, and will be based in Madrid, reporting to Global Head of Distribution Jeremy SHARPE.

French re/insurance group AXA has reported revenue growth of 1% to EUR 31.3 billion in the first quarter of 2022, reflecting growth in P&C, personal lines and health and a reduction in life & savings.

Achmea and ABN AMRO have reached agreement on Achmea's takeover of ABN AMRO Pensioeninstelling NV.

According to the MTIBU, the Green Card insurance segment in 2021 grew both in terms of the number of contracts concluded and in terms of GWP, Forinsurer reports referring to the Bureau.

Romania is one of the few CEE markets where brokers absolutely dominate the insurance distribution. While motor insurance is the main business line for the retail brokers, there are other business lines that are ready to offer additional opportunities. At FIAR 2022, suretyship and health insurance will be discussed in this context.

Slovene re/insurance group SAVA Re announced that Jost DOLNICAR moves from SAVA Re Management Board to helm of Zavarovalnica Sava.

Hannover Re posted a quarterly profit of EUR 264 million in the first three months and confirms its full-year earnings guidance, as the German re/insurer announced in a statement.

Gallagher Re has published its latest assessment of global (re)insurers' financial health, which summarizes key themes emerging from global (re)insurers' results for full-year 2021.

Ergo Hestia, one of the largest insurers in the Polish insurance market, had its 30^th anniversary in 2021 and a record result - the insurer achieved a very good net financial result (PLN 373 million), maintaining high profitability and technical result (PLN 434 million).

Zurich Insurance Group (Zurich) demonstrates excellent financial health - in 2021 maintained a strong financial position and excellent balance sheet, according to its recently published Financial Condition Report 2021.

The CIS regional insurance market* ended 2021 with growth of more than 28% in European currency. Total GWP volume exceeded EUR 26.62 billion.

At the end of 2021, the share of the insurance sector of Kazakhstan in the country's GDP amounted to 3%, and in the next 5 years, insurance can increase its profitability by 2 times, Allinsurance.kz wrote with reference to finreview.info.

In January-March 2022, 5 insurance companies generated AZN 210.73 million (~EUR 112 million) or 81.55% of the total GWP in Azerbaijan, ABC.AZ reports.

A decision was made to expand the pilot agricultural insurance program in Armenia so that farmers can insure grain crops, in particular wheat, barley, oats, against the natural risk of drought, ArmInfo wrote referring to the official statement of the Armenian Ministry of Economy.

Nearly 500,000 MTPL policies issued by City Insurance are ending on May 11, ASF Romania informed in a statement. "Drivers must take out new insurance to drive legally and can request a refund of the premium in proportion to the remaining period of validity".

The Southeastern Europe (SEE) insurance market defined by Cyprus, Greece and Turkey insurance markets, ended 2021 with aggregate GWP worth EUR 12.2 billion, 12.4% less y-o-y. The negative rate was driven by the more than EUR 2 billion compression reported by the largest regional insurance market: Turkey.