The number of concluded Green Card contracts in Ukraine in January-October 2021 increased by 26% reaching 644.6 thousand units, Forinsurer wrote.

According to the results of three quarters of 2021, MetLife maintains its leadership in the life insurance market in all key indicators, which is confirmed by the Insurance TOP industry rankings.

The Dutch insurance group Aegon announced that it will repurchase common shares for an amount of EUR 50 million to meet its obligations resulting from the 2021 and 2022 share-based compensation plans for senior management. The repurchased shares will be held as treasury shares until they are allocated to the plan participants.

American International Group announced that Marilyn HIRSCH has returned to AIG as Senior Vice President, Treasurer, effective immediately, reporting to Shane FITZSIMONS, Executive Vice President and Chief Financial Officer, AIG. In addition, Kathleen CARBONE has been named Vice President and Chief Accounting Officer, AIG, effective March 1, 2022 reporting to Shane FITZSIMONS.

CNP Assurances and Allianz France announced that they have finalized a transfer of savings contracts from Allianz France to CNP Assurances. The transfer comprises more than 20,000 life insurance and capitalization policies for total assets of EUR 2.1 billion.

AXA announced today that it has completed the sale of its Belgian banking operations, AXA Bank Belgium, to Crelan Bank NV/SA, for a total consideration of EUR 691 million, comprised of a net cash consideration of EUR 611 million, and the transfer to AXA Belgium of 100% of Crelan Insurance - valued at EUR 80 million.

Chubb Limited announced that Bryce JOHNS will be appointed Senior Vice President, Chubb Group and President of Chubb Life. He will join the company from HSBC, where he served most recently as Global CEO of HSBC Life and Insurance Partnerships.

According to global reinsurance broker Guy Carpenter part of Marsh McLennan, January 1 renewals reflected a healthy but evolving market as reinsurers adjusted risk appetite and pricing thresholds for certain sectors in response to ongoing and emerging challenges.

On 30 December 2021, the supervisory board of Slovene Zavarovalnica Sava appointed Jost DOLNICAR, who is currently a member of the management board of Sava Re, as the new chairman of the management board of Zavarovalnica Sava.

According to the Q3 2021 market data published by the Financial and Capital Market Commission (FKTK), Latvian insurers' aggregate net profits expanded by EUR 2.1 million (or by 9% y-o-y) to EUR 25.2 million (vs. EUR 23.1 million).

From January to November 2021, GWP of Albanian insurers increased by 17.6% y-o-y, reaching ALL 17.4 billion (EUR 142.8 million), SeeNews informed according to the official figures.

BelVEB Strakhovanie insurance company has "switched" from non-life to life insurance on January 3, 2022, which is the first and only such experience on the Belarusian insurance market, the Belarusian Association of Insurers reported.

The pandemic led to an over half-million increase in the number of individual life policies and lower interest in group contracts, Gazeta Ubezpieczeniowa reports referring to the data of the Polish Financial Supervision Authority.

GWP in MTPL for the period from January to November 2021 amounted to RUB 214.43 billion (~EUR 2.53 billion*), which is 7% more y-o-y. At that paid claims in the segment reached RUB 130.3 billion (+5%), writes ASN with reference to preliminary data of the Russian Association of Motor Insurers (RAMI).

The international rating agency Standard & Poor's (S&P) again confirmed its rating for Vienna Insurance Group of "A+" with a stable outlook in a press release on 22 December 2021. Vienna Insurance Group thus remains the company with the best rating of all companies listed in the ATX of the Vienna Stock Exchange.

By 23 December 2023, Romanian insurers will increase the minimum compensation limits for MTPL policies, after the European Parliament amended the Directive on motor third party liability insurance, informed 1asig.ro here.

Zurich Insurance Group (Zurich) announced that its subsidiary Zurich Investments Life has agreed to sell its life and pension back book, composed of both traditional and unit-linked policies, to the Portuguese insurance company GamaLife - Companhia de Seguros de Vida (GamaLife).

According to the data published by the Estonian Traffic Insurance Fund (LKF), during the first eleven months of 2021 there were reported about 29 thousand traffic accidents related to Motor TPL policies with a total loss of EUR 51 million. Of this total, about 11 thousand are parking accidents, with a total loss of EUR 12 million, with an average damage per claim file of EUR 1,085.

According to the Bureau of Motor Insurers of Armenia, the number of vehicles with MTPL policies is gradually recovering growth rates and in January-November 2021 grew by 8.3% y-o-y but is still far behind the "precovid" growth rates of 14.2% over the same period in 2019.

From January to November 2021, GWP of the Croatia-based insurers rose 11.87% y-o-y and reached HRK 10.74 billion (EUR 1.4 billion*), SeeNews reported with reference to the Croatian Insurance Bureau.