From January to September 2020, the Motor (Transport) Insurance Bureau of Ukraine (MTIBU) paid UAH 12.2 million (~EUR 0.36 million*) from the Victim protection fund to the victims of road traffic accidents-clients of bankrupt insurers, as MTIBU said in its press release.

SBERBANK Insurance became a laureate of the XI annual award "Consumer rights and quality of service" as it has been nominated in the category "For the high quality of services provided in property insurance", the insurer said in its press release.

The sixth annual Forum of insurance market leaders, the largest event in the insurance sector, will take place on October 29, 2020. Top management, shareholders of insurance companies, representatives of regulatory authorities, specialized associations and development institutions will discuss the trends of the insurance market, give forecast of its development.

GrECo announced Maksym Shylov's appointment as Group Practice Leader. He will be responsible for the strategy and development of this Specialty in all GrECo Group countries, including Poland where he will be located.

Insurance Europe has published its response to an inception impact assessment conducted by the European Commission on the revision of the European Long-Term Investment Funds (ELTIF) Regulation. The Commission's objective in developing ELTIFs is to attract investment from institutional and private investors to increase the amount of private finance available for European companies.

Aon has launched the 15^th edition of its annual Insurance Risk Study, which provides data-driven analyses of the global insurance industry by business line and by region. The Study reviews the industry's performance in 2019 - providing data on premium and capital levels - evaluates areas of growth and profitability, and of potential risk.

AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of "a" of Zavarovalnica Triglav d.d. (Triglav), the operating holding company of the Triglav group, and Pozavarovalnica Triglav Re, d.d. Ljubljana (Triglav Re), a wholly owned subsidiary of Triglav.

The Motor (Transport) Insurance Bureau of Ukraine (MTIBU) introduces new tariffs for Green Card insurance for travelling abroad by car, effective from October 19, OPEN4BUSINESS.COM.UA informed with reference to the Bureau.

Since the beginning of 2020, about 2.5 million of Sberbank's customers have applied for Sberbank life insurance program when concluding a consumer lending agreement, and 20% of them included insurance against involuntary job loss as an additional option, the insurer informed in its press release.

Almost half of the premiums under compulsory employee accident insurance in Kazakhstan from January to August 2020 were collected by two companies - NOMAD Life and HALYK-Life, allinsurance.kz reported.

Fitch Ratings has affirmed Insurer Financial Strength (IFS) Rating at 'BB-' and National IFS at 'BBB+(kaz)' (outlooks negative) of the Kazakhmys Insurance Company (Kazakhstan), according to the agency's report, published on October 16.

The insurance company Amrah Sigorta, which according to 1H2020 results ranked 17^th in the Azeri market among 21 active companies, will stop its activity, as Trend reports.

The United Agricultural Insurance Company received a license to carry out insurance activities. The license was issued by the Central Bank of Azerbaijan, as Trend said with reference to the Azerbaijani Agricultural Insurance Fund.

Mario CARINI, CEO and President of the Management Board of GENERALI business units in Croatia pointed out in an interview - published on GENERALI CEE website given for Svijet osiguranje - all the turbulent challenges that marked the Croatian insurance market since its appointment in December 2019.

National Bank of Greece is in advanced talks with CVC Capital Partners about the sale of ETHNIKI Insurance - the largest insurance company in Greece. The value of the transaction of sale of 80% of Greek insurer - mentioned by media is around EUR 460-480 million.

Swiss Re and DAIMLER Insurance Services have entered into a strategic partnership for automotive and mobility insurance and launched a new company called MOVINX.

MetLife announced a number of changes to its senior leadership team. All changes are effective on January 1, 2021, unless otherwise noted.

GUY CARPENTER, the reinsurance broker of MARSH & MCLENNAN Companies, announced the launch of a new business unit GC ACCESS to provide dedicated MGA program business solutions.

The costs of employer medical benefits across the world are forecasted to rise 7.2% in 2021, outpacing general inflation by 5.0%, according to the "2021 Global Medical Trend Rates Report" released by AON

French insurer AXA it has completed the sale of its Life & Savings, Property & Casualty and Pension businesses in Poland, Czech Republic and Slovakia to Austrian UNIQA Insurance Group, for a total cash consideration of EUR 1.0 billion.