In 2022, the market will rise 10% and exceed RUB 2 trillion (~EUR 11.55 billion*), according to the forecast of the NCR rating agency (National Credit Ratings). Growth drivers will be accident insurance and voluntary health insurance.

The insurance company INGOSSTRAKH has renewed its program of outward reinsurance of technical risks for 2022 with a capacity of EUR 125 million, the insurer said in a statement.

Total premium generated in the Turkish insurance market increased in local currency by 27.53% to TRY 105.30 billion in 2021, as compared to 2020, according to the preliminary figures released by the Insurance Association of Turkey (TSB).

North Macedonia's Triglav Osiguruvanje, which is among the biggest insurers in SEE and is part of Slovenian Triglav group, announced that its net profit jumped to MKD 28.4 million (EUR 460,800) in 2021, vs EUR 15.2 million of net profit a year earlier, SeeNews reports.

On 27 January 2022, the Companies of the Caltagirone Group - one of the largest shareholders of Italian Assicurazioni Generali have exercised their right of withdrawal from the consultation agreement with the other two: Delfin and Fondazione CRT.

Lloyd's, the world's leading marketplace for commercial, corporate and specialty risk solutions, announced the appointment of Dawn Miller as its Commercial Director reporting into Lloyd's Chief of Markets, Patrick Tiernan.

According to preliminary data, the damage due to weekend storms may approach HUF 1 billion (~EUR 2.81 million*) as Hungarian insurers expect to receive more claims, portfolio.hu reports.

In 2021, Azerbaijani insurers collected AZN 843.90 millions of premiums, which is 15.82% more y-o-y (EUR 438.05 million). Total paid claims amounted to AZN 458.73 million (EUR 238.11 million), down 1.38% from a year earlier, according to the data published by the Central Bank.

Total charter capital of insurance companies in Tajikistan almost doubled in 2021, mainly due to entering of new players on the market, ASIA-Plus reports.

UniCredit and Allianz have signed a multi-country Framework Agreement, setting the basis for enhanced collaboration, benefiting clients of both companies and building on the companies' longstanding and highly successful bancassurance partnership since 1996.

Global brokerage firm MMC - Marsh McLennan reports FY2021 revenue of USD 19.8 billion, an increase of 15% compared with 2020, or 10% on an underlying basis. At the same time, operating income was USD 4.3 billion, and adjusted operating income rose 18% to USD 4.3 billion. Net income attributable to the Company was USD 3.1 billion. Earnings per share increased 56% to USD 6.13. Adjusted earnings per share increased 24% to USD 6.17 compared with USD 4.97 in 2020.

Dutch insurer Achmea announced its Chief Risk Officer Henk TIMMER (61) will stand down from Achmea's Executive Board on 1 March 2022. "After a career of almost 25 years at Achmea, including eight as a member of the Executive Board (two terms of office), he has decided to focus more on supervisory positions".

Following the announcement in 2021 by the Indian Government to permit the increase of Foreign Direct Investment limit in the insurance sector from 49% to 74%, the Italian insurer Generali announced it will become the majority shareholder of Future Generali India Insurance Company Limited and Future Generali India Life Insurance Company Limited. Thus, Generali is the first international player to step-up to majority in both the Indian life and P&C insurance sector.

The Corona pandemic and the flood disaster on the Ahr have had a strong impact on the business results of German insurers, data presented by the German Insurers Association (GDV) show. For the first time since 2013, companies in the P&C insurance sector were in the red last year.

Thee aggregate GWP reported by the 17 CEE insurance markets totaled EUR 30.35 billion at the end of September 2021, about EUR 2.4 billion more as compared with 3Q2020 (+8.56% y-o-y), according to the quarterly market figures centralised by xprimm.com. For the analysed period, the aggregate claims and indemnities paid by CEE insurers increased by almost EUR 1 billion to EUR 17 billion (+6% y-o-y).

The First Congress of Actuaires du Monde, co-organized by Actuaires du Monde, Insurance Supervision Agency and the Macedonian Actuarial Association, will take place at the Marriott Hotel, in Skopje (North Macedonia) on 31 March & 1 April 2022. The media coverage will be assured by XPRIMM.

Global brokerage firm Willis Towers Watson announced the rebranding as WTW, combined with the company's new Nasdaq ticker symbol. On January7th, the broker informed its ticker symbol on the Nasdaq stock market "will change to "WTW" at the open of market trading on Monday January 10, 2022". Willis Towers Watson has traded under the ticker "WLTW" since 2016.

SCOR Investment Partners SE, the SCOR Group's asset management company, announces changes within its Business Development team to realize its third-party asset management growth ambitions and expand its client relationships.

Assicurazioni Generali informs that the director Sabrina PUCCI, independent director and member of the Remuneration and Appointments and Risk and Control Committees, has announced her resignation from the Board due to personal reasons.

Chubb announced that Miriam CONNOLE has been appointed Chief Financial Officer for Overseas General Insurance, the company's international general insurance operations.