In the first half of 2021, MTPL in the insurance market of Azerbaijan increased by 6% to AZN 46.75 million (EUR 23.21 million*), Trend reports referring to the Central Bank of Azerbaijan.

According to the 1H2021 results, corporate insurance continues to dominate in the GWP portfolios of Armenian insurers - 57% (AMD 15.1 billion/EUR 25.69 million*) vs the share of retail insurance at 43% (AMD 11.4 billion/EUR 19.40 million*), which is almost the same as a year earlier, ArmInfo reports.

Austrian Vienna Insurance Group ended 1H2021 with a 3.5% increase in the premium volume, to EUR 5.77 billion and 25% increase in the profit before taxes, to EUR 251 million. All key figures show significant improvements y-o-y, indicating that performance continues to be highly stable during the ongoing Covid-19 pandemic.

In 1H2021, the Sava Insurance Group generated EUR 363.7 million in operating revenue and a net profit of EUR 43.5 million. Operating revenue and net profit represented 53.1% and 82.1%, respectively, of the full-year targets.

In 1H2021, UNIQA Insurance Group generated earnings before taxes of nearly EUR 216 million, while premiums written rose by 17%. This is predominantly due to the successful integration of the former AXA companies in CEE, but also to the almost 2% increase in GWP in Austria.

RENOMIA, the leading Czech insurance broker, will gain a 30% business share in the Croatian market leader FORTIUS INTER PARTES (Fortius), thus significantly strengthening its current position in Croatia and at the same time entering two new countries - Slovenia and Bosnia and Herzegovina, where Fortius has branches.

Zurich Insurance Group announced the successful placement of CHF 200 million of senior unsecured notes. The Notes will mature in August 2031.

Global re/insurance broker Willis Towers Watson announced that its BoD has unanimously selected Carl Hess as the company's new president and next chief executive officer (CEO).

Slovene Triglav Group reported H1 2021 aggregate gross profit of EUR 56.2 million, which is 39% more than in the same period last year and 35% higher than in the first six months of 2019, according to the "Unaudited Report of Triglav Group and Zavarovalnica Triglav for H1 2021" posted on the Ljublijanksa Borza (Ljublijana Stock Exchange) website.

Global reinsurer Swiss Re announced changes in the leadership of its Reinsurance Business Unit. Thus, effective 1 January 2022, Jason Richards has been appointed Country President and CEO UK & Ireland. He will be succeeded by Julie Stephenson as Global Head of Casualty.

Reinsurance broker Guy Carpenter part of Marsh McLennan announced today the appointment of Michael Harden as President of Asia Pacific, with immediate effect.

Global insurance and reinsurance group Zurich has reported half-year 2021 business operating profit (BOP) of USD 2.7 billion, an increase of 60% compared with USD 1.7 billion in the first six months of 2020, while the net income after tax attributable to shareholders was USD 2.2 billion, an increase of 86% compared with the prior-year period

Estonian insurers reported H1 GWP of EUR 241.5 million, 2.4% more compared with January-June 2020, according to the market figures published by the Estonian National Statistics Board.

In GWP terms, the life segment was down by 2.7% to EUR 40.7 million (16.9% of total GWP), while the GWP by Estonian non-life insurers totaled EUR 200.7 million, 3.5% more y-o-y.

Among the five life insurers, the largest insurer remained SWEDBANK Life Insurance SE (46.1% market share), while If P&C Insurance AS (19.4%) lead the general insurance segment.

Lithuanian insurers posted GWP of EUR 501 million in 1H 2021, 6.5% more y-o-y, according to the half-year figures published on the Central Bank's website.

Global reinsurer Hannover Re has reported Group net income of EUR 670.6 million for the first half of 2021 (vs. EUR 402.4 million), while the operating profit (EBIT) on the Group level improved substantially to EUR 956.1 million (EUR 503.5 million). At the same time, group GWP increased by 10.0% to EUR 14.5 billion (EUR 13.1 billion). For the full year 2021, the reinsurer continues to expect net income in the range of EUR 1.15 billion to EUR 1.25 billion.

According to the statistics of the Estonian Traffic Insurance Fund (LKF), during the first six months of the year 17,080 traffic accidents have occurred, with cars insured by Estonian insurers, which is 25% more than last year. Of this total, 15,790 traffic insurance cases were registered in Estonia and 1,290 abroad.

GWP of Croatia-based insurers rose 12.37% y-o-y for the period from January to July in 2021, reaching HRK 7.393 billion (EUR 986 million), the Croatian Insurance Bureau informed.

Net profit of the Bosnian insurance company Euroherc Osiguranje increased 7.5% y-o-y in the first half of 2021, reaching BAM 5.3 million (EUR 2.7 million), SeeNews reports.

The PIU (Polish Chamber of Insurance) survey shows that 91% of drivers are confident in their driving skills. However, this exact behavior brought Poland to one of the last places in the ranking of the safest roads in Europe, Gazeta Ubezpieczeniowa reports.

GWP of ROSGOSSTRAKH Life in the first half of 2021 increased by 24% to RUB 11.8 billion (~EUR 0.14 billion*), the insurer said.