Half of Romanians see climate change as a natural phenomenon, not a man-made one, according to a survey of more than 3,200 respondents conducted as part of the APPA (the Association for the Promotion of Insurance)'s "Home Insurance Month" campaign. According to the same survey, 1 in 2 are willing to reduce their electricity consumption and 4 in 10 are very willing to reduce their heating consumption to help fight climate change.

Hannover Re is selling its 49.8% stake in the joint venture HDI Global Specialty SE to the majority shareholder HDI Global SE effective 31 December 2021, thus underscoring its strategic positioning as a pure reinsurer also freeing up previously committed risk capital to be used for the company's core business growth.

The European Retirement Week will begin on 29 November, with a launch event featuring a keynote speech by Mairead MCGUINESS, European Commissioner for Financial Services, Financial Stability and the Capital Markets Union.

Since consumers and businesses by default trust their insurer, the insurance industry could use its voice to promote decarbonization initiatives, beyond just offering insurance products, was one the highlights of the 'Managing an evolving climate' panel debate hosted by Aon plc as part of its Virtual Reinsurance Renewal Season fireside chats.

ICEYE, a leader in monitoring with radar satellite imaging and provider of flood hazard data, announced an agreement with McKenzie Intelligence Services (MIS) providing flood hazard analysis throughout active flood events to support the company in its delivery of property loss numbers to the Lloyd's market via the MIS Global Events Observer (GEO) platform.

Allianz Group has delivered a strong operating performance across all business segments, the German group announced. In 9M 2021, the Group has achieved 82% of the operating profit target of EUR 12 billion for the year, driven by all three business lines.

Total premium income in the Turkish insurance sector increased by 19.14% y-o-y to TRY 70.60 bn (EUR 6.85 billion) in Q3 2021, according to preliminary data released by the Insurance Association of Turkey (TSB).

Q3 2021 preliminary insurance market figures published by HAIC - Hellenic Association of Insurance Companies, shows that at the end of September 2021, the Greek insurance market totaled EUR 3.17 billion, up by 9.3% y-o-y)

Estonian insurers posted Q3 2021 GWP of EUR 359 million, 2.7% more y-o-y or EUR 9.3 million in absolute value, according to the market figures published by the Estonian National Statistics Board.

From January to September 2021 GWP increased by 47.09% to KZT 604.95 billion (~EUR 1.22 billion). Significant growth was observed in all insurance segments, and the most impressive one can be noted in life insurance (more than 94%), GTPL, cargo insurance and accidents insurance, based on the data published by the National Bank.

GWP of SBERBANK Insurance for three quarters of 2021 exceeded RUB 20 billion (~EUR 0.24 billion*), which is 30% more y-o-y. At the same time, the company's net profit amounted to RUB 5.5 billion, ASN reports.

74% of Romanians say they are interested in home and property insurance, according to an opinion poll conducted by UNSAR with IRES. The figure confirms the results of the 2020 survey, but there is an increase in the number of those who say they are very interested in this type of insurance - 24%, compared to 19% in 2020.

Swiss Re Corporate Solutions announced that Mitsui Sumitomo Insurance and its Group companies (MSIG) will use its next-generation platform, PULSE, to efficiently structure and manage their customers' multinational insurance programs.

Insurance Europe unequivocally supports the global momentum to combat climate change that is the focus of COP26, as well as the goals of the Paris Agreement, the European Green Deal and Europe's targets to reduce its greenhouse gas emissions by 55% by 2030 and achieve a net-zero economy by 2050.

International General Insurance Holdings Ltd. ("IGI" or the "Company") announced that AM Best has affirmed its financial strength ratings at A (Excellent) with a Stable outlook.

According to the results of January-September 2021, the volume of INGO's premiums earned increased by 22% to UAH 1.4 billion (~EUR 45.42 million*), Forinsurer reports.

The rating agency AM Best confirmed the financial strength rating "A" (excellent) of the Slovenian reinsurer Sava Re and its long-term credit rating at "a", both with a stable outlook, osigurajse.net informed.

On November 3, S&P Global Ratings affirmed the rating of the PZU Group at A- with a stable outlook. According to the agency, the company maintained good financial results and a stable capital position, and the group's dominant market position, recognizable brand and diversified structure will allow for continued growth, both on local and foreign markets, Gazeta Ubezpieczeniowa reports.

On November 4, 2021, a meeting of members of the Latvian Insurers' Association (LAA) was held, at which two members of the association's management were re-elected for a two-year term, as well as the association's work plan and budget for 2022 were approved, as LAA announced on its website.

In October, a practical conference "Anti-fraud in motor insurance" was held in Almaty, during which speakers and participants discussed a number of topical issues on counteracting unfair practices in motor insurance, Allinsurance.kz reports.