Austrian insurer GRAWE, which has made in the past year a number of acquisitions in Bosnia and Herzegovina, is considering to take similar actions in Montenegro throught its local subsidiary active only in life insurance market - GRAWE osiguranje, local media informed.

During February 2020, Fitch Ratings, the leading provider of credit ratings, affirmed the ratings of Russia ('BBB'), Kazakhstan ('BBB'), Georgia ('BB'), Turkey ('BB-'), Bulgaria ('BBB') and Hungary ('BBB').

Vienna Insurance Group (VIG) was number one in the BCG Gender Diversity Index Austria 2019 published by the Boston Consulting Group (BCG), as te Austrian insurer announced in a statement. The index analyses the gender balance and pay gaps in the managing and supervisory board for the 50 largest listed companies in Austria.

NATIONWIDE Mutual Insurance Company (NATIONWIDE), one of the largest insurance and financial services companies in the United States, and GENERALI, one of the largest global insurance and asset management providers, through its P&C unit GENERALI Global Corporate & Commercial (GC&C), announced an innovative joint venture: the creation of N2G Worldwide Insurance Services, LLC (N2G) to support multinational solutions for international commercial clients.

CROATIA's osiguranje shareholder - the Rovinj based consortium ADRIS Grupa - with businesses in tourism, real estate, tobacco and food industry announced 2019 total revenues of HRK 6.1 billion (~EUR 813 million), which represents a 5% growth, while net profit stood at HRK 506 million (~EUR 67.5 million), which represents a 13.4% growth. Net profit after minority interest stood at HRK 402 million and was 31% higher than previous year's.

During 2019, Triglav Group (TRIGLAV) generated a profit before tax of EUR 101 million, 4% more year-on-year. The insurer recorded premium growth across all insurance markets and all insurance segments; the consolidated gross premiums volume reached EUR 1,184 million, which is 11% more than the year before.

Euroins Insurance Group (EIG) closed the year 2019 with a net profit of BGN 21.1 million (~EUR 10.8 million), 113% more year-on-year. The group's consolidated gross written premiums reached BGN 848 million (~EUR 433 million), 32% more compared to the same period of prior year.

During 2019, the Sava Insurance Group (SAVA) wrote nearly EUR 600 million in gross premiums and generated a net profit of EUR 50 million. Performance exceeded targets set for 2019, also thanks to a one-off income from a successful acquisition in Croatia, the company mentioned.

For year 2019, ERGO Group generated a consolidated profit amounting EUR 440 million, 22.6% more year-on-year, exceeding its profit guidance of EUR 400 million and staying well on track to meet the objectives of the ERGO Strategy Programme, as the group mentioned.

At the end of 2019, Munich Re generated a profit of EUR 2,707 million, 19.0% more year-on-year. The operating result was up on the previous year to EUR 4,004 million (+7.5%), and the other non-operating result amounted to EUR (665) million (FY2018: EUR (639) million). The currency result totaled EUR 73 million (FY2018: EUR (39) million).

On 5 February 2020 a joint meeting of the members of Belarusian Nuclear Insurance Pool (Belarus Re, Belgosstrakh, Eximgarant of Belarus), the Ministry of Finance of the Republic of Belarus, the Ministry of Energy of the Republic of Belarus, RUE "Belarusian NPP" and representatives of international nuclear insurance pools, the General Purposes Committee (GPC), was held in Minsk. They discussed issues in respect to insurance & reinsurance coverage for risks arising from Belarusian NPP operation, as well as opportunities to enhance international cooperation in the field of Nuclear TPL, Property and CAR/EAR Reinsurance.

For year 2019, SCOR Group reported a net income of EUR 422 million, up by 31.1% compared to the same period of prior year.

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In 2019, life insurance decreased by 9% y-o-y and amounted to RUB 433.2 billion (~EUR 6.24 billion), as the preliminary market data show. At the same time, life paid claims increased by 87%, to RUB 140.7 billion, according to Igor YURGENS, President of the All-Russian Insurance Association (ARIA).

Total number of complaints about insurers decreased by 34% in 2019, according to the Bank of Russia. This indicator was the best performing among non-credit financial institutions, the regulator noted.

As the data of the regulator show, in January 2020, total Kazakh market increased by 17% y-o-y, up to KZT 75.4 billion (EUR 0.18 billion).

As the data of the Bureau of motor insurers of Armenia show, the number of e-MTPL contracts in 2019 increased 3.6 times and reached 5% of the total MTPL contracts, ArmInfo reports.

Azerbaijan ranked third among the safest travel destinations in CIS region, according to the ranking of the famous Insurly website, while its worldwide ranking took 52^nd place among 180 countries safest for tourists.

In 2019, Kyrgyz market grew to KGS 1.33 billion (EUR 17.09 million), which is 21.29% more y-o-y in local currency, as the data, published by the State Service of regulation and supervision of the financial market at the government of the Kyrgyz Republic, show.

According to the year-end market figures published by HAIC - the Hellenic Association of Insurance Companies, the Greek insurance market totalled EUR 4.07 billion at the end of 2019, up by 8.7% y-o-y.