Everest Re Group announced that Dana Lodge has joined the firm as Chief Financial Officer of Everest Insurance, reporting to Everest Insurance President and CEO, Jonathan Zaffino as well as Everest Group CFO Craig Howie. Dana will be based at the company's US Headquarters in Liberty Corner, New Jersey.

Everest Re Group announced that Alex Poracchia has joined the company as its International Chief Actuary and Chief Financial Officer of the organization's Everest Global Markets division.

The National Bank of Greece (NBG) putted its insurance unit sale on hold after "the Coronavirus pandemic dashed any lingering hopes of a successful auction", wrote bloomberg quoting people familiar with the matter.

ALLIANZ Global Corporate & Specialty announced that effective from April 1st Ali SHAHKARAMI (46) will be appointed as Chief Data Officer for AGCS. "In this newly created position he will be responsible for the development and the delivery of ALLIANZ Global Corporate & Specialty's (AGCS) data strategy and will report directly to AGCS Chief Operating Officer (COO) Bettina DIETSCHE".

Lloyd's has appointed Andrew Woodward as the Lloyd's Regional Representative for Middle East and Turkey effective from 01 April.

Romanian insurance market saw a 5.6% y-o-y growth in 2019, to EUR 2.29 billion. Life insurance sector's growth pace stayed at 4.7% y-o-y, while on the non-life side, GWP went up by 5.87% y-o-y. Yet, despite the different dynamics, the shares in the market portfolio of the two segments remained almost unchanged y-o-y.

Last year, the Slovak insurance market totaled EUR 2.28 billion, 1.65% more y-o-y, according to the end-year statistics published by the National Bank of Slovakia (NBS).

In March 2020, paid claims of ARX Insurance Company (formerly AXA Insurance) increased by 15% y-o-y, to almost UAH 89 million (~EUR 2.87 million), while the amount of average daily payments remained unchanged (about UAH 4 million), Forinsurer informed.

From April this year, INGO Ukraine insurance company, one of the TOP-10 local market leaders, will operate under the name INGO. The company will also change its logo and corporate identity, as the insurer informed in its press release.

Mikhail VOLKOV has been appointed CEO of SBERBANK Insurance, a subsidiary of Sberbank and the second insurance market leader of 2019, the press service of SBERBANK Insurance said.

The long-term credit rating and financial stability rating of the market leader, SOGAZ insurance group, affirmed by S&P Global Ratings at BBB with a stable outlook, ASN reports with reference to the agency's press release.

SCOR announced the appointment of Emmanuel Joffre as Chief Human Resources Officer, with immediate effect. Previously he has held the role of Head of Human Resources for the Americas Hub.

Guy Carpenter & Company announced today that Vijaya Singh has been appointed as Global Head of Marketing and Communications, effective immediately.

In 4Q2019 the speed of claim settlement and the quality of MTPL insurers' work improved, according to the Motor (Transport) Insurance Bureau of Ukraine (MTIBU).

In January and February this year, Azerbaijani insurers generated GWP in the amount of AZN 190.74 million (~EUR 101.78 million), which is almost 44% more y-o-y, according to the Central Bank of the country.

According to the data of the National Commission on the Financial Markets of the Republic of Moldova (CNPF), in 2019 local insurance companies collected 7% more GWP y-o-y, informed the Chairman of the Administrative Board of CNPF, Valeriu CHITAN.

Despite that the Polish insurance market is the largest in CEE Region, it is still a market with huge potential, according to Roger HODGKISS, member of the top management team of GENERALI Poland being responsible for the P&C sales network and marketing of GENERALI and PROAMA.

As a result of the periodic control performed at the largest Romanian insurer as GWP - CITY Insurance, the ASF Board decided to sanction the company with a fine of RON 100 k (about EUR 20 k), after finding a series of violations of the law regarding the methodology of calculating the technical reserves, as the market authority annouced in a statement published on its website.

The Board of the Financial Supervisory Authority (A.S.F.) approved, at the meeting on April 1st, the termination of the mandate of the Insurance Guarantee Fund - FGA as temporary administrator at the insurer EUROINS Romania Asigurare Reasigurare, the Romanian www. 1asig.ro informed.

Shareholders of ZURICH Insurance Group approved all items on the Annual General Meeting (AGM) agenda, including the re-election of all members of the Board of Directors. Thus, Michel M. LIES was confirmed as Chairman of the Board.