Bosnian insurer Triglav Osiguranje, part of Slovenia's Triglav Group, announced that in 2021 its net profit rose 1.2% y-o-y to BAM 2.5 million (EUR 1.3 million), SeeNews reports.

In 2021 the number of concluded non-life insurance contracts reached 1.5 million units, which is 30% more than in 2020. Growth was observed in 15 insurance classes, and the most significant was the increased demand for travel insurance, property insurance, private health insurance, according to the Insurance Supervision Agency (ISA).

After a very challenging 2020, extremely impacted by the COVID pandemics, in 2021 CCN Group returned on a growth path, as the company informed in a statement.

In 2021, German reinsurer Hannover Re announced it transferred altogether 11 catastrophe bonds with a record volume of USD 2.7 billion (previous year: USD 1.6 billion) to the capital market for its clients, "and thereby extended its leading position in the insurance-linked securities (ILS) market".

French reinsurer SCOR posted 2021 gross written premiums of EUR 17,600 million, up by 9.8% at constant exchange rates compared with 2020, as the company informed in a statement announcing that SCOR SE's BoD met on February 23, 2022 and approved the Group's 2021 financial statements.

Global reinsurer Swiss Re announced that Paul MURRAY has been appointed CEO Reinsurance Asia, Regional President and member of the Group Executive Committee, effective 1 April 2022.

Swiss Re reported a net income of USD 1.4 billion and an ROE of 5.7% for 2021, considerably rebounding from a net loss of USD 878 million in 2020. The reinsurer mentioned it continued to grow all its businesses, increasing net premiums earned and fee income for the Group by 4.8% compared with the previous year to USD 42.7 billion in 2021.

Austrian insurance group UNIQA informed its preliminary earnings for 2021 exceeds expectations. Thus, according to the figures, 2021 earnings before taxes increased almost sevenfold to EUR 382.3 million (2020: EUR 57.1 million), well above the increased target of EUR 330 million to EUR 350 million.

Status Insurance Broker from Azerbaijan has been added by Brokerslink global brokerage platform to its global network as a new branch, according to a press-release of Full Circle Communications.

Lloyd's announced the appointment of Dawn MILLER as Commercial Director reporting into Lloyd's Chief of Markets, Patrick TIERNAN.

Croatian largest insurer CROATIA Osiguranje (CO) announced on the website of Zagreb Stock Exchange (Zagrebacka burza d.d.) that the Governing Board of the Croatian Financial Services Supervisory Agency (HANFA) adopted a decision granting authorisation to Roberto Skopac and Hrvoje Patajac to perform the function of a member of the Supervisory Board of the Company.

Aviva announced that Belen Romana GARCIA and Patricia CROSS will retire from the Board following the conclusion of the Company's AGM on 9 May 2022.

Members of the Association of Bermuda Insurers and Reinsurers (ABIR) contributed USD 8.5 billion to the Bermudian economy over the decade ended 2020, according to a annual member survey results.

A draft Government Decision, subjected to public debate by the Romanian Ministry of Finance, which provides for a cap on the MTPL rates for 6 months, as well as the limitation of the commissions cashed by the insurance intermediaries for this type of insurance to 5%, raised strong negative reactions in the insurance market.

"After the very challenging 2020, extremely impacted by the COVID pandemics, in 2021 the Group returned on a growth path. I would mention just one figure - we achieved more than EUR 700 million in gross written premiums, which is a nearly 50% growth compared to the pre-COVID year. This is a record growth since the establishment of the Euroins Insurance Group, almost 25 years ago," Kiril BOSHOV, CEO & Co-founder, Euroins Insurance Group stated in an interview for XPRIMM.

Munich Re posted a profit of EUR 2,932 million in 2021, thus exceeding its profit target of EUR 2.8 billion, while GWP increased by 8.5% y-o-y to EUR 59,567 million, the highest figure in the history of Munich Re. For 2022, the profit target is of EUR 3.3 billion, while GWP expected to reach EUR 61 billion.

Last year, Estonian insurance market totaled EUR 486.3 million in terms of GWP, up by 3.7% y-o-y, according to FY2021 market figures published by the Estonian National Statistics Board. The life insurance segment increased by 1.5% y-o-y to EUR 86.8 million, while in the case of non-life insurance market, the GWP amounted to EUR 399.5 million (82.1% of total), up by 4.2% y-o-y.

According to the Association of Estonian Insurance Companies (EKsL), about 900 employers offered to 30,700 employees supplementary health insurance in 2021. "Thus, almost 5% of all workers now have health insurance", informed EKsL.

EU requirements for audit, supervision and corporate governance are already effective and achieve the desired objectives. There is no urgent need to modify and extend them. Exceptional corporate failure cases cannot be a driver for new EU legislation, Insurance Europe said in its response to a EC consultation on its proposals regarding corporate reporting.

NN Romania, local life insurance market's leader, recorded solid financial performance on all business lines in 2021, despite challenges still faced by the local economy in the Covid-19 context. Life and Health insurance GWP exceeded EUR 182.8 million while the gross profit reached EUR 17.4 million.