LLOYD's announced its new Council members. The roles will come into effect on 1 December 2020. LLOYD's mentioned six of the fifteen members of the new Council are elected by the market.

According to the MTIBU (Motor Transport Insurance Bureau of Ukraine), in the third quarter of 2020, the number of concluded MTPL agreements reached 2.24 million units, which is 8.7% more y-o-y. At the same time, collected GWP amounted to UAH 1.65 billion (+30%) (~EUR 49.75 million*), according to the Bureau's website.

RMS together with Willis Re Securities and Securian Financial launched the new "La Vie Re Limited (Series 2020-1)" mortality catastrophe bond, providing USD 100 million of reinsurance protection for Minnesota Life Insurance Company, a Securian Financial affiliate.

The dual challenges of increasing flood risk in the UK and the impact of climate were discussed by Guy Carpenter and Flood Re co-chaired on November 20, during "Climate Change - Improving the flood resilience of the built environment" webinar.

From January to September 2020, the Sava Insurance Group grew operating revenue by 16.4%, while the group's net profit went up by 26.4% year on year. Operating revenue generated by the Sava Insurance Group reached 76.5% of the full-year target set in the revised 2020 plan.

Qatar Insurance Group recently announced the appointment of Hasan Al-Lawati as the new CEO for its subsidiary Oman Qatar Insurance Company (OQIC). Lawati will focus on driving forward the strategic goals of OQIC and will facilitate its further growth and development in the Sultanate of Oman.

SBERBANK Insurance joined the professional association of MTPL insurers, having received the status of a member of the Russian Association of Motor Insurers (RAMI). Becoming a member of RAMI is one of the conditions for obtaining a license for MTPL, as the press service of the insurer reported on November 20.

S&P Global Ratings assesses the industry and country risks of the non-life sector in Uzbekistan as high - as in Russia, Azerbaijan, India, Kenya and Turkey, according to the agency's report

On 19 November, Marsh has announced the appointment of Hamish Roberts as the Global Renewable Energy Leader, Marsh JLT Specialty. He will report to Andrew George, Global Head, Energy & Power, Marsh JLT Specialty.

For the next few years, The Management Board and the Supervisory Board of UNIQA Insurance Group AG has approved a strategy program named UNIQA 3.0 that will lead to expenses of about EUR 210 million, according to a press release.

Aviva announced the sale of its entire 80% shareholding in the Italian life insurance joint venture, Aviva Vita S.p.A., to its partner UBI Banca. On completion, Aviva will receive about EUR 400 million in cash consideration.

Austrian insurer VIG announced in a statement that it expects gross profit for the full year 2020 to be in a range of EUR 300 - 350 million, subject to unpredictable volatilities on capital markets.

GENERALI CEE Holding announced that during the Supervisory Board held last week on 19th November 2020, Roger HODGKISS was nominated, with immediate effect, new President of the Management Board and CEO of GENERALI Poland insurance companies.

Zurich Insurance Group (Zurich) notes media reports regarding a potential transaction with MetLife.Zurich confirms it is in discussions to acquire MetLife's U.S. P&C business.

For the first time, Turksat, the only satellite operator in Turkey has fulfill an insurance policy with Turkiye Sigorta (Turkey Insurance) for the three operating satellites: 'Turksat 3A' (launched in June 2008), 'Turksat 4A' (February 2014) and 'Turksat 4B' (October 2015).

Aon interviewed the Managing Director and Global Head of Reengineering and Expense Management at Morgan Stanley, Charlie Chasin, as part of its Virtual Reinsurance Renewal Season fireside chats.

During its Investors' Day, held on November 20, 2020, Swiss Re confirmed its over-the-cycle financial targets and delivered a positive outlook, based on improving market conditions and targeted growth opportunities across the Group's businesses. The Group will also intends to reiterate its capital management priorities, focusing on superior capitalisation and a stable or increasing dividend.

The second edition of The Georgian International Insurance Conference took place this year on 18 November in a virtual hybrid format hosted on Zoom platform and broadcasted live on XPRIMM YouTube channel.

"The Future of Insurance Europe" (Nov 24-25, 2020, Online) starts next week, uniting the industry's most influential CEOs and C-suite executive teams at the most highly anticipated event of 2020. XPRIMM Publications supports the event as Media Partner!

MTIBU (Motor Transport Insurance Bureau of Ukraine) entered the most prestigious rating of TOP-25 innovative companies in Ukraine for the first time. The rating was carried out by the authoritative business publication "Vlast Deneg". MTIBU is the only insurance organization included in the rating, the Bureau reports.