Net profit of the Serbian state-owned insurer Dunav Osiguranje decreased by 8.5% y-o-y to about RSD 1.3 billion (~EUR 8.5 million) in the first six months of 2021, SeeNews reported.

In the first half of the year, GWP on voluntary professional liability insurance decreased by 53% y-o-y, Trend reports citing the data of the Central Bank of Azerbaijan (CBA).

Kosovo active 13 insurers reported aggregate net profit of EUR 1.5 million at the end of June 2021, as compared with a market net profit of EUR 4.9 million at end of H1 2020, according to data provided by the Central Bank (CBK). At the same time, the total assets held by Kosovo insurance companies increased to EUR 230 million, from EUR 208.6 million a year earlier.

In H1 2021, UNIQA BiH achieved a growth of 19.7% and a total premium of BAM 35.7 million (~EUR 18.7 million), which positions the company on top of the insurance market, according to the total realized premium, as the Austrian insurance group UNIQA announced in a statement.

Dutch insurer Aegon posted Q2 2021 net result of EUR 849 million reflecting "strong operating result and fair value gains on investments from favorable market movements"

Dutch financial group Achmea announced its H1 2021 operational result increased to EUR 363 million compared to EUR 127 million in the first half year of 2020. "A good start, but uncertainties remain in the second half of the year", said Bianca TETTEROO, Chair of the Executive Board.

Global insurance brokerage, risk management and consulting services firm Arthur J. Gallagher & Co. announced it has purchased a majority stake in Turkish specialty broker Brokers' House (BH Sigorta ve Reasurans Brokerligi A.S.). Terms of the transaction were not disclosed.

Arthur J. Gallagher & Co. recently announced an agreement to acquire the treaty reinsurance brokerage operations of Willis Towers Watson plc for a total consideration that may reach USD 4 billion. The transaction is subject to customary regulatory approvals and expected to close during the fourth quarter of 2021.

Sava Re published, according to the Rules of the Ljubljana Stock Exchange where the company is listed, the revised Corporate Governance Policy of Sava Re document, recently adopted by its management board.

The largest compensation paid last year by UNSAR insurers to cover the damages occurred on a voluntary home insurance policy was about EUR 400,000 (RON 1.9 million), 145% higher than in 2019. "It was paid in order to cover the damages caused by a fire", states UNSAR - the National Union of Insurance and Reinsurance Companies in Romania, wrote 1asig.ro here.

At the end of June 2021, the NN Group's net profit increased to EUR 1.41 billion compared with EUR 587 million in the first half of 2020. At the same time, the Dutch financial group noted that the operating result increased to EUR 1.12 billion from EUR 926 million in the first half of 2020, "with almost all segments reporting higher results".

The Insurance Supervision Agency (ISA), as of June 30, 2021, received 82 complaints from insureds who were dissatisfied with the work of insurance companies. Compared to the same period last year, in 1H2021 the number of submitted complaints has doubled, ISA

Austrian insurer Vienna Insurance Group announced in a statement it launched together with C-Quadrat Investment Group a joint venture investment fund company in Poland: VIG / C-QUADRAT TFI S.A.

The insurance sector of Armenia in 1H grew by 9.45% to AMD 26.57 billion (EUR 45.06 million). At the same time, paid claims expanded by more than 20% and amounted to AMD 11.30 billion, according to the data on the activities of insurance companies provided by ArmInfo.

According to the National Association of Agriculture Insurers (NAAI), out of RUB 4.3 billion/EUR 49.43 million* of insurance premium for January-July 2021 under agroinsurance contracts, 70% (RUB 3.0 billion) are related to insurance contracts for crop risks. The segment grew by 45% y-o-y, as stated on the NAAI website.

Despite the difficult environment - a pandemic, violent weather phenomena, progressing market consolidation - the Polish operations of Vienna Insurance Group in the first half of the year are successful, especially in terms of sales, Gazeta Ubezpieczeniowa reports.

Re/insurance broker Aon announced new global leadership roles in Reinsurance Solutions "to enable greater focus on creating client value, product and market segmentation and regional reach".

Talanx is strengthening its presence in the insurer's strategic target region of Latin America. The Chilean subsidiary company HDI Seguros and state-owned bank BancoEstado have signed an exclusive agreement for the coming 13 years covering the sale of non-life insurance products. The partnership is scheduled to start on 1 January 2022 and secures Talanx its market position among the Top 5 non-life insurers in Chile for the long term.

In the first half of 2021, the insurance sector of Uzbekistan grew by more than 67%, GWP reached UZS 1,697.91 billion (EUR 134.44 million), according to the data published by the Ministry of Finance of the Republic.

At the meeting of the Eurasian Intergovernmental Council on August 19-20, it was decided to start practical work on the creation of the Eurasian Reinsurance Company (ERC). The draft international agreement on the establishment and activities of the EPC should be developed within six months, according to the website of the Eurasian Economic Commission (EEC).