Every year Poles choose personal insurance more and more, thus the number of people covered by health insurance increased by 14% as of now, and the number of group contracts for life protection increased by 6%. About 3.5 million people are using health insurance policies and almost 12 million are covered by group life insurance, Gazeta Ubezpieczeniowa reports.

Despite the pandemic, from the beginning of the year to October 27, 2021, Halyk-Life collected record GWP in the entire history of the life insurance market: over KZT 100 billion (~EUR 0.2 billion*), which is 88% more y-o-y. According to the National Bank, the insurer occupies a third of the market in terms of GWP, Kapital.kz reports.

Hellas Direct, one of the largest motor insurance companies in Greece, is preparing to enter the Romanian market, insuranceforum.gr informed.

According to the statistics of the Association of Estonian Insurance Companies, 149,600 life insurance contracts were in force by the end of 1H2021. Compared to two years ago before the pandemic crisis, 5,500 contracts have been added.

According to ABC.AZ, in January-September 2021, GWP decreased in 6 out of 20 insurance companies in the country, while 14 insurance companies recorded growth.

American International Group announced senior leadership changes that "further position the organization to deliver strong financial and operational performance over the long term and enhance its leadership team as part of the separation of the Life & Retirement business".

The traditional annual event that reunites Croatian insurers, as well as their foreign business partners, the Croatian Insurance Days 2021 conference will be held on November 4, 2021 in Zagreb at the Hilton Garden Inn, abandoning for this edition its usual venue, Opatija.

Denis KESSLER, Chairman and CEO of French reinsurer SCOR was appointed by Insurance Europe's Reinsurance Advisory Board (RAB) as its chairman.

InsurtechBalkans' Sarajevo chapter is approaching, with less than a month until the first Insurtech event in Bosnia & Herzegovina, to be held online, on 24 November 2021. XPRIMM Publications are supporting the event as Media Partners.

It its response to the EC consultation concerning the proposed roadmap for the introduction of a common EU-wide system for withholding tax on dividend or interest payments, Insurance Europe has listed the main measures that should be adopted to improve efficiency without creating an excessive administrative burden.

In 2020 car thieves stole 10,697 fully insured cars in Germany, causing an economic damage of EUR 214 million. For the first time, insurers had to pay an average of more than EUR 20,000 for a theft, data published by the German Insurers' Association (GDV) shows.

Floods have been responsible for more than 45% of the accumulated total natural disaster losses of USD 137 billion since 1990 in the ASEAN* region - well ahead of other hazards such as storms or earthquakes, the ASEAN Insurance Pulse 2021, published today by Malaysian Re, shows.

After conducting large-scale and detailed testing, carried out on hundreds of cases, Renaissance Insurance decided to begin using an AI service provided by Mains Lab to calculate damages in its commercial operations, the company announced.

French SCOR recorded an overall net income of EUR 339 million in 3Q 2021. Natural catastrophes had a strong impact on the group's results, of EUR 708 million (net of retrocession and before tax). Only Hurricane Ida and the European floods had a total impact of EUR 343 million.

North Macedonian non-life insurer Halk Osiguruvanje, owned by Halk Banka, the local arm of Turkish state-owned lender Halk Bankasi, raised EUR 3 million in a capital increase via a new share issue, SeeNews informed.

Insurance companies paid EUR 10.2 million of remuneration to their intermediaries. Through insurance intermediaries (insurance brokerage companies, insurance companies and insurance agents), insureds paid EUR 42 million for non-life insurance in the first six months of 2021, the Insurance Supervision Agency (ISA) said.

The Q3 2021 gross written premiums of Croatian insurers increased by 12.15% y-o-y to HRK 9.02 billion (EUR 1.20 billion), while gross paid claims by insurers totaled HRK 5.19 billion, up by 9% y-o-y according to the quarterly figures published by the Croatian Insurance Bureau - CIB.

Montenegrin insurance market totaled EUR 74.43 million at the end of September 2021, 3.91% more y-o-y, accoring to the quarterly market data released by Insurance Supervision Agency.

Global commercial insurance prices increased 15% in the third quarter of 2021, according to the Global Insurance Market Index released by the insurance broker Marsh, the same rate of increase recorded in the previous quarter.

Global re/insurance broker MMC posted Q3 2021 aggregate revenue of USD 4.6 billion, an increase of 16% compared with the third quarter of 2020. Q3 operating income was USD 740 million, an increase of 37% from the prior year while net income attributable to the Company was USD 537 million, or USD 1.05 per diluted share, compared with USD 0.62 in the third quarter of 2020.