Despite extraordinary losses in 2020, the insurance-linked securities (ILS) and traditional reinsurance markets demonstrated their resilience at the January 2021 renewals, raising capital back to pre-pandemic levels, according to the new Best's Market Segment Report: "Insurance-Linked Securities Market Weathers Elevated Catastrophe Activity and Global Pandemic in 2020".

The turnover of 480 thousand ordinary shares issued by MOLDASIG SA was suspended by the National Commission for the Financial Market (CNPF), due to the pending verification of the circumstances related to the notifications of the bailiff Maksim Romaliyskiy dated 12.03.2021, sent by the Unified Central Securities Depository (UCSD), CapitalMarket reports.

At the end of 2020, UZBEKINVEST retained its leading position in the insurance market of Uzbekistan. According to the Ministry of Finance, the insurer's GWP for 2020 amounted to UZS 262 billion (~EUR 20.49 million*), the client base grew by 38%, Gazeta.uz writes.

Over the last 5 years, the annual number of MTPL contracts in Ukraine, concluded by MTIBU members, has grown by 22% - from 6.8 million units to 8.3 million units (in 2020). At the same time, MTPL GWP doubled and amounted to UAH 6.2 billion (~EUR 0.17 billion*) in 2020, Forinshurer reports.

In 2020, total investments of insurers in government bonds and government debt amounted to RUB 1.838 trillion (~EUR 20.27 billion*), which is 24% more y-o-y, according to the president of the All-Russian Insurance Association (ARIA) Igor YURGENS, ASN reports.

The P&I WorldPensionSummit has, in 12 years, grown into a leading global event that is truly for and by pension professionals. This year`s theme is 'Powering the Change', and the summit will take place in a hybrid mode! XPRIMM is supporting the event as a Media Partner!

In 4Q2020, MTPL insurers of Ukraine paid out over UAH 812 million (~EUR 23.37 million*) to victims of road accidents, MTIBU (Motor Transport Insurance Bureau of Ukraine) reported in its press release.

Sberbank's subsidiary - SBERBANK Insurance increased its charter capital from RUB 2.7 to RUB 5.0 billion (~EUR 55.57 million*), the insurer said in a press release on March 26.

In February 2021, 1,800 agreements were concluded between farmers and insurers within the framework of the agroinsurance program, while in the entire 2020 their number reached only 1,500, writes ArmInfo, according to Ira PANOSYAN, head of the department for the development of agricultural programs at the Ministry of Economy of Armenia.

The Dutch insurer Aegon announced that Carla Mahieu, Aegon's Chief HR Officer, has decided to step down, effective June 1, 2021: "After more than a decade in the role, Carla has decided to enter a new phase in her career and has recently been nominated as member of the Supervisory Boards of Arcadis and DSM, next to her role as Supervisory Board member for VodafoneZiggo".

AXA announced changes in its senior leadership team to implement its new strategic plan, Driving Progress 2023, presented in December last year.

Aviva's announcement of today has put an end to the wave of speculations on its Polish unit sale: the winner of this race was Allianz, who acquired Aviva's entire shareholding in Aviva Poland for a cash consideration of EUR 2.5 billion, valuing the acquired business at EUR 2.7 billion.

Thanks to the statistical data recently published by MABISZ, the insurers' association in Hungary, we are able to finally provide for the 2019 market rankings.

Generali France and Akur8 will become multi-year partners in order to boost Generali's pricing capabilities in France. Partnering with the French entity of a leading global insurance carrier is a key milestone for Akur8, as well as renewed evidence of Generali's commitment to innovation and technology.

Croatian market's top insurer, Croatia osiguranje, part of Adris Group, launched earlier this week LaqoPrevent, a unique prevention program that, with the help of advanced technologies, promotes and rewards responsible road behavior and traffic risk reduction.

During last year, Latvian insurers' aggregate GWP (local and EU branches, summed-up) totaled EUR 797.5 million, almost EUR 60 million less than in 2019, while the amount paid in claims and indemnities decreased by 8.8% y-o-y to EUR 501 million, according to the year-end figures published by The Financial and Capital Market Commission of Latvia (FKTK).

RMS, the world's leading catastrophe risk solutions company, in association with XPRIMM invite to attend Tuesday, 30 March, 9am - 10am CET, the episode dedicated to the CEE region in the "Innovations and Challenges in managing Natural Catastrophe risks" webinar series.

GWP by Romanian insurers, including branches of foreign companies operating on FOE, reached RON 12.5 billion (EUR 2.56 billion), up by 5.4% y-o-y (local currency). Insurers domiciled in Romania have provided for about 92% of this total, recording a 4.6% y-o-y growth rate, the market authority said.

According to a press release, SCOR expressed the annoyance regarding the action of Covea which has filed, "on behalf of SCOR", a complaint against Denis Kessler. SCOR wonders what led Covea to file this complaint, more than 2 years after it became aware of the facts it pretends to report.

Insurance Europe welcomes the European Commission's proposal for a revised Network and Information Security (NIS2) Directive as part of broader efforts to increase the EU cybersecurity. Extending the scope of the Directive is an important step towards implementing the EU's Cybersecurity Strategy for the Digital Decade.