The Global Federation of Insurance Associations (GFIA) has published a letter where it calls on the Financial Stability Board (FSB) to increase its support for the resilience of private capital-backed pension systems.

Global re/insurance broker Aon announced that Byron SPRUELL, President, League Operations at the National Basketball Association (NBA), has been appointed to its Board of Directors.

American International Group announced leadership transitions for its executive team and Board of Directors.

Reuters` "The Future of Insurance Europe" event (Nov 24-25, 2020, Online), will unite the most influential CEOs and insurance C-suite leadership teams for real business discussions to develop solutions, tackle challenges, set benchmarks and collectively lay the foundations for the future.

Bulgaria's Commission for Protection of Competition (CPC) granted approval to Eurohold Bulgaria to acquire the subsidiaries of CEZ Group in Bulgaria. The acquisition will be carried out through the specially set up Eastern European Electric Company B.V. (EEEC), 100% owned by Eurohold.

PartnerRe announced that it has established a new partnership with Ladder, a pioneered in the use of machine learning to instantly underwrite life insurance online. The result is a streamlined, ten-minute digital process and affordable pricing to help modern consumers care for their families.

Peak Re announced that its wholly-owned subsidiary Peak Re (BVI) Holding Limited, has successfully completed the issuance of USD 250 million of perpetual subordinated guaranteed capital securities at 5.35%.

Qatar Insurance Company (QIC) its financial results for the first nine months of 2020. The figures show a 4% increase in the volume of gross written premiums (GWP) to QAR 10.2 billion.

Aegon announced that Frans Blom will be nominated for appointment to its Supervisory Board for a four-year term. The proposal has been approved by the Dutch Central Bank and will be submitted for approval by Aegon's shareholders at the 2021 Annual General Meeting. Until then, he will attend the Supervisory Board meetings as an observer.

The last 30 years meant for Vienna Insurance Group traveling a road that led it from an Austrian pioneer to an international market leader in the CEE region. Today, VIG's business card shows: 30 countries, around 50 insurance companies, more than 22 million customers and a premium volume of over EUR 10 billion.

The latest edition of the XPRIMM Insurance Report CEE, SEE & CIS is now live, providing for 1H2020 statistical data. The report is available in a digital format enriched with additional features that will allow its readers to get all data they need in editable format.

With almost empty roads for almost two months, motor insurers have faced a tough business environment in the second quarter of 2020. Adding to the burden, cars sales have dropped dramatically, thus silencing one of the main sources of business growth.

Equip Global has announced the new edition of their Digital Banacassurance Masterclass, that will takes place on the 26 -28 January 2021. This 3 day Digital Bancassurance Masterclass is a Comprehensive Outcome-Oriented Masterclass, and has been specially developed to help participants develop an effective digital bancassurance roadmap for their company so that they can maximize their return on investment and profitability when implementing digital bancassurance strategies and adopting innovation. XPRIMM Publications supports the event as Media Partner!

Swiss Re is joining The Trinity Challenge, a global coalition that aims to better predict and prevent outbreaks, epidemics and pandemics by harnessing the power of data and analytics. Swiss Re has integrated COVID-19 related health, economic and social data in one unique platform: the Risk Resilience Center.

GWP in the CEE insurance market amounted to EUR 19.11 billion, by 3.80% less y-o-y. Results denominated in European currency show only five markets recording a positive dynamic: Latvia (+3.31%), Serbia (+4.28%), Slovenia (+4.21%), Romania and Lithuania, markets that rather managed to maintain the 1H2019 level than really significantly increase the business volume.

In the first half of the year, GWP of the regional market (in euro) decreased by almost 9% y-o-y and amounted to EUR 11.48 billion, as the statistics, prepared by xprimm, show.

In 1H2020 the insurance market of Slovenia totaled EUR 1.4 billion, 4.2% more y-o-y. The life sector grew by 1.8%, to EUR 381 million (including pension funds), while non-life GWP went up by 5.2%, to EUR 993 million.

The organizing Committee of the Croatian Insurance Days Conference has announced the confirmed speakers of the 2020 online edition. Gabriel Bernardino (EIOPA), Michaela Koller, (Insurance Europe) and dr.sc. Ante Zigman (HANFA) will provide the keynote speeches.

The MTPL legislation in Romania is in the process of being amended, the insurance portal 1asig.ro wrote here.

Dutch insurer AEGON has put its CEE units - including Poland, Romania, Hungary and Turkey -, up for sale, Reuters wrote citing sources close to insurer.