Estonian insurers reported a GWP of EUR 118 million in Q1 2021, or 0.94% less y-o-y, according to quarterly figures, published by the Estonian National Statistics Board. The total value of GWP for the life segment increased by 1.87% y-o-y to EUR 20.94 million, while the value of non-life GWP totaled EUR 97.93 million, down by 1.52% y-o-y.

Igor KOBZAR, General Director of Sberbank Life Insurance, joined the Presidium of the All-Russian Insurance Association (ARIA). The general meeting of ARIA made a relevant decision on May 26, as the insurer said in its press release.

SAVA Re's the general meeting of shareholders has decided the company will pay a EUR 0.85 gross dividend per share. Shareholders entered in the shareholders' register as at 9 June 2021 will receive their dividends until 10 June 2021.

Sava Re has announced the election by the general meeting of shareholders of three new members of the Supervisory Board, to replace the Mateja Lovsin Heric, Keith W. Morris and Andrej Kren, whose terms of office are due to expire on 16 July 2021.

In the first quarter of 2021, life insurance GWP continued to grow and y-o-y increase amounted to 6.3%, to RUB 115 billion (EUR 1.29 billion*), according to the website of the All-Russian Insurance Association (ARIA).

Gross Insurance, one of the TOP-3 non-life insurers in Uzbekistan, has started sales of electronic policies for compulsory motor insurance, gazeta.uz reports.

GWP growth, expansion of the offer of new products, programs and training for the insured to minimize risks are the strategic goals of TUW Polskie Zaklad Ubezpieczen Wzajemnych (TUW PZUW) for the next four years, summarized in the "Dzienniku Gazecie Prawnej", the company said in its press release.

ARX, the leader of the Ukrainian non-life insurance market in 2020, summed up the results of the first quarter of 2021 - GWP amounted to UAH 689.7 million (~EUR 21.13 million*), which is 10% more than in the same period in 2020, Forinsurer said.

The National credit rating agency NKR assigned AAA.ru credit rating to SOGAZ with a stable outlook, ASN reported.

Last year, the GWP of MABISZ (Association of Hungarian Insurance Companies) member companies totaled HUF 1,242 billion (~EUR 3.4 billion), about 4.8% vs. FY 2019 figures (HUF 1,204 billion), according to the to the association's aggregate data.

According to a joint study conducted by the Latvian Insurers' Association (LAA) and the sociological research agency Norstat, over the past year, as a result of Covid-19 pandemic, more than a quarter (27%) of Latvian society has changed their perception of the importance of family financial stability.

Global re/insurance firm Marsh McLennan (MMC) announced during its annual meeting of stockholders, elected the entire slate of 2021 director nominees for a one-year term expiring at next year's annual meeting.

Credit insurer COFACE announced in a statement published on its website it expands its portfolio on Romanian insurance market entering surety bonds segment- "a viable alternative to the letter of credit and are dedicated to companies involved in public procurement contracts".

Bulgaria's Commission for Protection of Competition (CPC) has granted approval to local DZI - Life Insurance (part of Belgian KBC) to acquire the Bulgarian pension and life insurance business of Dutch-based NN Group, wrote seenews.com here.

Sava Re issued the "Solvency and financial condition report of the Sava Insurance Group for 2020" (Group SFCR) with the consent of the supervisory board. The report contains information on the valuation of assets and liabilities, which are valued at fair value under Solvency II, for the purpose of demonstrating the Group's solvency.

SKALA Reinsurance Brokers Ltd. celebrates 20 years of activity on the reinsurance market and has gained the trust of many partners around the world. The first major reinsurance contract was the largest Oil Refinery in Russia.

Marsh McLennan (MMC) announced it has appointed Katherine BRENNAN as General Counsel of Marsh LLC and Connor KURATEK as Deputy General Counsel and Corporate Secretary of Marsh McLennan. Both appointments are effective starting June 1.

Bulgarian financial holding EUROHOLD, the shareholder of EUROINS Insurance Group, reported Q1 2021 net income of BGN 0.85 million (~EUR 0.46 million). "For comparison, the income reported by EUROHOLD as of 31.03.2020 amounted to BGN 1.79 million", as the company mentioned in its Interim Report at 31 March 2021 published on its website.

German insurer Talanx AG announced Bernd SABLOWSKY will take over as Head of Investor Relations with effect from 16 August 2021.

Bahrain based Trust International Insurance and Reinsurance Company B.S.C. (c) "Trust Re" announced the appointment of Mr. Yassir Albaharna as Managing Director and Group Chief Executive Officer.