Daily Mail and General Trust plc (DMGT) and Rothermere Continuation Limited (RCL) announced today a possible major reorganization of DMGT that may include the sale of its s Insurance Risk division ("RMS"). DMGT has emphasized that discussions are ongoing, but there is no certainty that a transaction will result.

The CEE insurance market ended 2020 with GWP worth EUR 37.49 million, down by 4.27% y-o-y, the insurance statistical data presented by the latest XPRIMM Insurance Report CEE, SEE & CIS for FY2020 show. The report is now live on xprimm.com, in digital format.

The COVID-19 pandemic changed Romanians' perception of risks, increasing their interest in insurance protection. The most significant change was observed in health insurance, 4 out of 10 Romanians stating that the pandemic has increased their interest in the matter, according to a UNSAR-IRES Barometer on Risk Perception and Insurance Culture in Romania.

The European Council's Permanent Representatives Committee (Coreper) supports the political agreement reached between the Council and the European Parliament on 22 June 2021 on the amendment to the motor insurance directive that will strengthen the protection of injured parties in motor vehicle accidents and improve the rights of policyholders.

Serbian insurers ended Q1 2021 with total GWP worth RSD 27.81 billion (EUR 236.6 million), 3.22% more y-o-y, according to the end-quarter statistics published by the National Bank of Serbia (NBS).

In the first quarter of 2021, overall GWP of the regional market reached approximately EUR 6.40 billion, according to xprimm statistics. In general, compared to the same period last year, the regional market grew by 5.17%.

Tornadoes are more common in Europe than is perhaps thought, with over 100 occurring on average each year across the continent, Laurent MARESCOT, Senior Director, Market and Product Expert for EMEA and CIS with RMS said in a post on LinkedIn.

The series of thunderstorms from June 18 to 30, 2021 with heavy rain and hail caused insured losses of EUR 1.7 billion according to preliminary estimates by the Association of the German Insurance Industry (GDV), thus becoming one of the most devastating weather events in the history.

The Renewed Sustainable Finance Strategy published by the European Commission on 6 July contains further welcome steps towards advancing the objectives of the European Green Deal and improving the funding of sustainable projects.

Partnering with global Marsh McLennan businesses to help clients address physical, transition and liability risk as companies look to develop and integrate robust climate change strategies into their overarching Environmental, Social and Governance programs, Guy Carpenter launched a suite of climate advisory and modeling services.

EUROHOLD Bulgaria AD, one of the leading independent financial and insurance groups in the SEE, raised EUR 80.5 million via a Public Offering of New Shares on the Bulgarian Stock Exchange (BSE).

The potential acquisition reported by XPRIMM last week has become a certainty, with Dutch Group NN agreeing with American MetLife to acquire the latter's business activities in Poland and Greece for a consideration of EUR 584 million.

Guy Carpenter & Company, LLC, a leading global risk and reinsurance specialist and a business of Marsh McLennan, announced the appointments of Matt PETKA as Managing Director and Riley UNDERWOOD as Senior Vice President within its GC Access business unit, with immediate effect.

Croatia osiguranje, the largest Croatian insurer and one of the largest insurance group in Adriatic region, posted consolidated net profit for the first five months of 2021 of HRK 208 million (~ EUR 28 million), which is an increase of one percent compared to the same period previous year.

Since July 1, agroinsurance in Russia has been significantly modified, which marked a new stage in the development of the agroinsurance system as a partner of the state in protecting the agro-industrial complex, said Korney BIJDOV, President of the National Association of Agriculture Insurers (NAAI), writes ASN.

President Vladimir PUTIN signed a law that determines the procedure for admission and activity of foreign

Asterra Grup was awarded the Gold Medal in the category "Financial Services" on June 25 within the "Trademark of the Year 2020" competition, organized by the Chamber of Commerce and Industry of Moldova in partnership with the State Agency for Intellectual Property, CapitalMarket reports.

The domestic insurance market coped to avoid the large-scale negative effects of the COVID-19. However, the summary indicators for January and February indicate a relatively negative impact, at the same time, according to the results of the first quarter of 2021, there is a positive tendency, said Executive Director of the Azerbaijan Insurers Association (AIA) Elmar Mirsalayev for Trend.

At the end of March 2021, the Romanian private pension funds (Pillar II and Pillar III) accumulated RON 83.34 billion in total assets, 33% more compared to the previous year, according to the quarterly figures published by ASF. The total assets of the private pension system were 7.9% of the GDP.

UNDP, together with the Agency for the Insurance Market Development at the Uzbek Ministry of Finance, organized a seminar on June 24, 2021, during which the results of the diagnostics of the development of inclusive insurance and risk financing in Uzbekistan were presented, UzDaily.uz reports.