News - Insurance
POLAND: Telemedico digital health platform will be founded with EUR 5.5 million
Flashpoint Venture Capital, Uniqa Ventures, PKO VC, Black Pearls VC (an existing investor) and Adamed have funding Telemedico platform by EUR 5.5 million (approx. USD 6.6 million). The platform includes consultations with a doctor via chat, video or telephone; AI-triaging and coordination; and booking of in-person visits and blood testing.
First solution to use electronic clinical health data developed by Swiss Re and Diameter Health
Swiss Re and Diameter Health have developed the first-ever scalable solution to use electronic clinical health data for life insurance underwriting which will help life insurers to improve the speed and quality of their underwriting.
Education map on financial institutions from EIOPA
EIOPA (European Insurance and Occupational Pensions Authority) developed an interactive way to share information on financial education through a map with websites and portals from each country.
RUSSIA: Andrey LARKIN elected new general director of INGOSSTRAKH
Andrey LARKIN was elected the new general director of INGOSSTRAKH by the decision of the board of directors, according to the company. He will also become the Chairman of the company's Management Board.
EIOPA 10th anniversary conference will be online this Thursday
EIOPA will mark the 10 years at the heart of insurance and pension supervision in Europe with an anniversary conference that will be held on Thursday, 4th of February, online at 9.00 am (local time Frankfurt am Main, Germany).
AIG named ex U.S. Bank CCO as as Global Head of Media & External Communications
AIG announced that Dana RIPLEY has joined the company as Vice President, Global Head of Media & External Communications. Based in New York, RIPLEY reports to Lucy FATO, Executive Vice President, General Counsel & Global Head of Communications and Government Affairs.
Insurance Europe commented on the IAIS consultation regarding the comparable outcomes to the ICS
Insurance Europe has published its response to a consultation by the International Association of Insurance Supervisors (IAIS) on its draft definition and high-level principles for comparable outcomes to the Insurance Capital Standard (ICS).
New project of Fondazione Italiana Accenture in order to promote digitalization of the non-profit sector
The Human Safety Net and Fondazione Italiana Accenture have started a new project in order to accelerate the digitalization process of the non-profit sector in Italy by developing a portal "Bambini Patapum!".
Jan van den Berg new Chairman of the Supervisory Board of ACHMEA
Jan van den Berg will be appointed Chairman of the Supervisory Board of ACHMEA on 13 April 2021, the date of ACHMEA's General Meeting, as the Dutch insurance group announce in a statement.
Green light for ALLIANZ to set up the first wholly foreign-owned insurance asset management company in China
ALLIANZ China Insurance Holdings has announced it has received approval from the China Banking and Insurance Regulatory Commission of the preparatory establishment of ALLIANZ Insurance Asset Management.
Joint statement: strengthening sectoral social dialogue in the services industry plays an important role
The European social partners in the services sectors - of which Insurance Europe is a member - have today published a joint statement on strengthening sectoral social dialogue in the services industry.
MABISZ President, Anett PANDURICS elected to the committee that will assess the candidacy of Budapest to hosting Olympics of 2032
Anett PANDURICS, President of MABISZ-the Association of Hungarian Insurance Companies and Chairwoman and CEO of Posta Biztosito, was elected to be part of the Budapest 2032 Committee, a body established by the Hungarian Olympic Committee to assess the possible candidacy of Budapest to organizing the Olympics of 2032.
Changes to the PRIIPs RTS will be detrimental to consumers who buy insurance products
Insurance Europe has today issued a paper outlining the reasons why changes proposed by the European Supervisory Authorities (ESAs) to the regulatory technical standards (RTS) of the Packaged Retail and Insurance-based Investment Products (PRIIPs) Regulation will not work or deliver benefits for consumers.
MONTENEGRO: preliminary 2020 market results show just a 1% decrease as compared with 2019, the top record year
According the preliminary results published by the Insurance Supervision Agency of Montenegro, the local insurance market closed 2020 with GWP worth EUR 93.67 million, 1% down y-o-y, a result that the Council's President Uros ANDRIJASEVIA appreciated as very good, considering the challenges of the Covid crisis.
Branko BARJAKTAROVIC appointed Director of the Montenegrin insurance supervising body
Branko BARJAKTAROVIC was appointed Director of the Montenegrin Insurance Supervision Agency. The appointment was decided by the Council of the Agency, on January 15, following a public competition. BARJAKTAROVIC replaces Biljana PANTOVIC, who was assigned other tasks.
STATISTICS: Croatia, FY2020: AGRAM becomes the country's largest insurance group
The gross written premiums of the 18 active Croatian insurers fell by 0.66% year-on-year to HRK 10.47 billion (EUR 1.38 billion) in 2020, according to the year-end figures published by the Croatian Insurance Bureau - CIB.
The future leadership team for Aon and Willis Towers Watson has been established
Greg Case will be the Chief Executive Officer (CEO) of the firm that represents the combination of Aon and Willis Towers Watson, after the agreement will be completed. The new leadership team will "deliver new sources of value to clients and create new opportunities for colleagues", according to Aon press release.
Aviva's businesses in France and Poland for sale for a total consideration of about EUR 5.5 billion
British insurer Aviva has set deadlines in late February to receive final offers for its operations in France and Poland that are worth an overall EUR 5.5 billion, Reuters reported quoting three sources familiar with the matter that spoke to it on condition of anonymity.
"After corona turbulence we are very satisfied with the growth", declared the President of GVD at the annual conference
The past financial year ended the insurance companies across all three lines with a premium increase of 1.2 percent to 220.1 billion EUR. For 2021, German insurers are quite optimistic for the new year and are expecting an increase in premiums of over 2%, according to GDV.
ASF fined the management of the largest Romanian insurer EUR 780 k
The ASF Board decided to fine the Management Board and the Supervisory Board of the Romanian largest insurer - CITY Insurance with a total RON 3.78 million lei (almost EUR 780 k), because fallowing a control, the insurer failed to submit the requested documents in due time, as the Romanian insurance news portal www.1asig.ro informed.
3 February 2021