Development of the insurance market in 2021 may have different scenarios - according to the baseline scenario, total growth will be about 8-9%, while according to the conservative scenario, the market may grow by 3-4%, explained Alexey YANIN, Managing Director of the Insurance and Investment Ratings Department of the Expert RA agency at the 25th Reinsurance Conference.

According to 1Q2021 results, 5 out of 6 operating insurance companies were included in the list of 1000 large taxpayers in Armenia, same as a year ago.

In the first quarter of 2021, sales of e-MTPL policies in Armenia increased and their share in the total number of MTPL contracts at the end of the quarter reached 19% (vs 11% a year ago), according to

German reinsurer Munich Re announced preliminary net profit of roughly EUR 600 million for the Q1 2021, which is up on the consensus of EUR 466 million and also the EUR 221 million reported in the same period in 2020.

Aegon announced that Global Chief Technology Officer Mark Bloom is stepping down, effective June 1, 2021: "Having led Aegon's technology and innovation activities for more than five years, he has decided to leave the company to pursue other opportunities".

The Supervisory Board of Adris grupa - the CROATIA's osiguranje owner - approved the Group's audited non-consolidated and consolidated annual financial report for 2020 and the proposal for a decision on the allocation of profits from 2020.

Dutch insurer Achmea informed its Annual General Meeting (AGM) adopted the 2020 financial statements and also approved a proposal to distribute a dividend of EUR 19.6 million on the preference shares and EUR 149.7 million on the ordinary shares. In addition, the AGM addressed the previously announced appointments of Bianca Tetteroo and Jan van den Berg.

Guy Carpenter continues to investment in its cyber platform and has made new appointments within the Cyber team. They named Anthony CORDONNIER as Managing Director and Global Co-Head of Cyber, and promoted Erica DAVIS to Global Co-Head of Cyber. Other appointments were also made.

MOTOR INSURANCE CONFERENCE- "A glimpse in the future of motor insurance" has started on the XPRIMM YouTube Channel and will address several issues related to the technical revolution in course, its benefits, challenges and dilemmas.

Allianz Global Corporate & Specialty (AGCS) announced that David Brown, currently its Head of Insurance Linked Markets will take over as head of its Capital Solutions unit from July 1, 2021, subject to local regulatory approval.

Swiss Re's shareholders approved all proposals put forward by the Board of Directors at the Annual General Meeting (AGM) in Zurich. This included the distribution of an ordinary dividend of CHF 5.90 per share as well as the election of Sergio Ermotti as new Chairman of the Board of Directors.

On the 1^st of April 2021, French reinsurer SCOR informed that it grew its gross premiums up for renewal by 14.3% to EUR 600 million, with a 4.3% overall increase in pricing.

A quarter of Czechs still lose part of their savings to inflation. They consider cash or a current account to be the most suitable way to save money, according to a survey by Generali Investments CEE related to the Lion`s Share project.

In 2020, the inward reinsurance market increased by 14.4%. According to the RNRC (Russian National Reinsurance Company), after a sharp increase in 1Q2020, the market continued the trend of a gradual decline in growth rates throughout the year until 4Q2020.

With an increased premium volume of EUR 10.43 billion, profit before taxes of EUR 346 million and a further improved combined ratio of 95%, VIG Group has achieved solid results for 2020. The preliminary figures for the 2020 financial year and the outlook for 2021 are confirmed by the VIG reports.

New mobility is challenging, requiring in fact insurers to understand and adapt to an entire new environment. While these challenges are already here, the CEE markets are still confronted with ageing fleets and persisting old purchasing habits. Overall, technology needs to support the entire complexity of a motor insurance landscape with extreme differences. Top professionals representing Swiss Re, Movingdots and Amodo will share their views at the Motor Insurance Conference on 20 April.

According to the latest Reinsurance Market Report from Willis Re, the total capital dedicated to the global reinsurance industry measured USD 658 billion at year-end 2020 reflecting 7% year-on-year growth. The rise was driven primarily by strong investment market appreciation.

Murex, the global leader in integrated investment management and processing solutions for capital markets, served as a critical technology partner for PZU Group as it implemented a sophisticated platform solution to manage its own investments and assets, as well as those of its customers.

Flood risk is in particularly important in the central and northeastern part of the CEE region, but the last decade's history shows that very few countries across the region were spared from really dramatic experiences, while most of them have seen at last a moderate flooding event each year.

SIGAL UNIQA, SIGMA VIG and ILLYRIA are, in terms of FY2020 GWP, the largest insurance companies that are active on Kosovo insurance market, according to the market shares presented by Slovene re/insurer SAVA Re in its 2020 Annual Report.