The number of uninsured population in Kazakhstan is still very high and amounts to 20% of the country's population, as reported by the Vice Minister of Health of the Republic of Kazakhstan Asem NUSUPOVA,

The Council of the Insurance Supervision Agency adopted a Decision on the amount of regular contribution to the Guarantee Fund for 2022, osiguranje.hr wrote.

In the first 9 months of 2021, life insurance increased by 12% y-o-y, reaching MKD 1.32 billion (EUR 21.5 million). More than 242,000 citizens have life insurance policies as of the end of September, according to official data from the Insurance Supervision Agency (ISA), osigurajse.net wrote.

According to "The Romanian Customer Experience Excellence Report - 2021", released in mid-December by KPMG Romania here, two insurance companies - Allianz and Groupama ranked in Top 10 among the most appreciated companies in terms of customer experience.

Romanian FSA (Financial Supervisory Authority) announced that on December 22, 2021, the FSA Board decided to approve Allianz-Tiriac Asigurari as main direct shareholder of Gothaer Asigurari Reasigurari.

American International Group (AIG) announced that Graham Fulcher will join the company as International General Insurance Chief Actuary, a newly created role.

Lloyd's, the world's leading marketplace for commercial, corporate and specialty risk solutions, has launched a new renewable energy consortium, to respond to the growing needs of the APAC region and supporting countries, as they transition to greener energy solutions.

In 2021, the number of insurance agreements under the pilot agroinsurance program tripled compared to 2020, reaching 4,300 units (vs 1,345 insurance agreements in 2020), as reported by Ira PANOSYAN, head of the Department of Economics for development of agricultural programs, ArmInfo reports.

For 11 months of this year, 20 insurance companies of Azerbaijan collected AZN 767.91 million (EUR 398.66 million*) in premiums, which is 14.9% more y-o-y, ABC.AZ informed with reference to the Central Bank of Azerbaijan.

In January-September 2021, GWP under contracts accepted for reinsurance increased by 4.5% to RUB 52.3 billion (~EUR 0.61 billion*), while paid claims increased by 57.3%, to RUB 19.4 billion, according to the Bank of Russia, ASN writes with reference to the Finamarket portal.

For 11M2021, paid claims of Russian agricultural insurers (under contracts with and without state subsidies) exceeded total paid claims for the entire 2020 by 35% and reached RUB 4.2 billion (~EUR 49.51 million*), as reported by the President of the National Association of Agricultural Insurers (NAAI) Korney BIJDOV, ASN reports.

From January to November 2021, TAS Group, which is in top-3 of life and non-life insurance in Ukraine, collected UAH 2.21 billion (~EUR 71.47 million*) in premiums, 20.5% more y-o-y, Forinsurer reported.

At the end of September 2021, the Slovak insurance market totaled EUR 1.60 billion, 4.3% less y-o-y, according to the 9 months statistics published by the National Bank of Slovakia (NBS).

Swiss Re announced the appointment of Pravina LADVA as Group Chief Digital & Technology Officer and member of the Group Executive Committee, effective 1 January 2022. Group Chief Operating Officer Anette BRONDER will leave the company, and Group Operations will be reorganized.

Swiss Re Institute estimates global insured losses of USD 112 billion in 2021, of which USD 7 billion man-made disasters, while annual insured losses from natural catastrophes are estimated at USD 105 billion, the fourth highest since 1970. While Hurricane Ida was the costliest natural disaster in 2021, winter storm Uri and other secondary peril events caused more than half of total losses as wealth accumulation and climate change effects in disaster-prone areas drive claims.

Austrian insurer Vienna Insurance Group (VIG) and the Hungarian government have reached an agreement on the principles of a cooperation and the further course of action, which provides for a participation of 45% by the Hungarian state in the Hungarian AEGON companies and UNION VIG.

The insurance market of Czech Republic ended the first 9 months of the year with GWP of CZK 134.7 billion (EUR 5.3 billion), up by 6.4% y-o-y, according to the end-September figures published by the Czech National Bank (CNB), confirming the Q3 market data from the members of CAP (Czech Insurance Association): GWP worth CZK 110.84 billion (~EUR 4.35 billion), 4.7% more y-o-y.

Claims paid by local insurers totaled CZK 75.5 billion (EUR 2.9 billion) up by 10.6 y-o-y, of which 62% related to non-life insurance, the remaining 38% being related to life insurance subclasses.

For the life segment, the GWP value (including reinsurance) increased by 1.2% to CZK 39.3 billion, while the value of paid claims and indemnities - including the change in balance of technical provisions, totaled CZK 28.5 billion. In the case of general insurance segment, the same indicators were as follows: GWP of CZK 95.3 billion (up by 8.7% y-o-y) and January-September 2021 payments worth CZK 47 billion, 14% more y-o-y.

At the end of September 2021, the Slovak insurance market totaled EUR 1.60 billion, 4.3% less y-o-y, according to the 9 months statistics published by the National Bank of Slovakia (NBS).

As every year since 1996, SCOR presented its Actuarial Awards also in 2021. This year's awards rewarded the best academic work in the field of actuarial science in five countries: Germany, France, Italy, Sweden and Switzerland.

Insurance company ARX (one of the leaders in life and non-life insurance in Ukraine) has become a silver winner of the Effie Awards, the most prestigious award in the field of marketing communications. ARX is the only insurance company to be among the winners, Forinsurer reports.