Dagmara WIECZOREK-BARTCZAK was appointed Deputy Chairman of the Polish Financial Supervision Authority, in charge with KNF Office for supervision over the insurance sector, starting December 2019.

As of January 1^st, 2020, Judit HAVASI took over the position of General Manager of DONAU Versicherung AG, the fourth largest group company of the Vienna Insurance Group (VIG). At the same time, Wolfgang PETSCHKO joined the board of DONAU, while Mario DIENSTL and Lambert MURI have been appointed to the extended management.

In 3Q2019, Russian insurance market GWP reached RUB 1100.0 billion (EUR 15.66 billion), thus remaining almost at the level of 3Q2018. The market in euro grew by 9.15% thanks to a more favorable rate, than a year ago. Paid claims reached RUB 433.5 billion (EUR 6.16 billion), as the data of the Central Bank, show.

Polish insurers have achieved GWP of PLN 47 billion (EUR 10.74 billion) in 3Q and paid PLN 30.7 billion to injured parties and clients - meaning, in average, about EUR 1 million per hour. Overall, GWP went up by 1.47% in local currency, while claims expenses decreased by 0.9%.

In the first three quarters of 2019, the Slovak insurance market totaled EUR 1.71 billion, 2.50% more y-o-y, according to the quarterly financial figures published by the National Bank of Slovakia (NBS). Life and non-life paid claims and indemnities increased by 6% to EUR 1.05 billion, of which about 46% were related to non-life sub-classes.

On 19 December 2019, the supervisory board of Sava Re d.d. received the statement of Srecko CEBRON on his early termination of tenure on the Sava Re management board and accepted his proposal for the consensual termination of his employment contract as a management board member as of 31 May 2020.

Everest Insurance, the diversified specialty insurance division of Everest Re Group, has appointed Mike KARMILOWICZ to Executive Vice President of Everest Insurance and President of Everest Insurance North America P&C.

From January to November 2019, GWP of the Montenegrin insurance market exceeded the GWP level of the whole year 2018, as the Insurance Supervision Agency of the country announced on its website.

From the beginning of 2020, the Financial Supervision Authority (FSA) and the Guarantee Fund of Estonia will operate under one roof. The merger will help the Guarantee Fund to fulfill its statutory objectives more quickly and efficiently and save costs.

On December 27, 2019, Sava Re d.d. (buyer) and NLB d.d. and KBC Insurance NV (sellers) signed a sale, purchase and transfer agreement regarding 100% of the share capital in NLB Vita d.d.

Insurers of North Macedonia achieved a 7.2% y-o-y consolidated market growth after the first three quarters of 2019, to a total GWP volume of EUR 129 million. Three business lines have provided for about 80% of the GWP increase: MTPL, fire insurance and life insurance.

Global re/insurance broker Aon announced that it has completed the firm's acquisition of the digital insurance platform for small and medium-sized businesses CoverWallet,.

ALLIANZ Holdings plc has completed the planned acquisition of the remaining 51% of the LV General Insurance Group (LV GIG) from LIVERPOOL Victoria Friendly Society (LVFS). The total consideration by ALLIANZ for 100% of LV GIG will be up to GBP 1.078 billion.

CROATIA's osiguranje shareholder - the Rovinj based consortium ADRIS Grupa - with businesses in tourism, real estate, tobacco and food industry announced it reviewed the business plan for 2020 and the strategic business plan for the next three years.

At the end of December, MMC's (Marsh & McLennan Companies ) reinsurance brokerage arm - GUY CARPENTER announced the appointment of Patrick SCHEPENS as CEO of the Benelux region, effective April 2020. Patrick SCHEPENS succeeds Bruno Bogaerts who will continue as CEO until he joins the company, and will continue as Chairman of the Benelux region.

Reinsurance broker GUY CARPENTER part of MMC - Marsh & McLennan Companies announced this week the appointment of Jeff SAPER as CEO of the Pacific region, with immediate effect.

Frans van der Ent will stand down as chairman of ACHMEA's Pension & Life division early in 2020, as the Dutch financial group announced in mid-December 2019, "reducing the size of its board in line with our service-book strategy. It has been agreed that Mr Van der ENT will continue his career outside ACHMEA".

AVIVA has appointed George CULMER as Senior Independent Non-Executive Director with effect from 1 January 2020. He succeeds Glyn BARKER, who retired from the Board and as Senior Independent Director on 31 December 2019.

AON announced Alejandro GALIZIA has appointed as CEO for Commercial Risk, Health, Retirement and Data & Analytics for Latin America.

At the end of 2019, American International Group announced that Peter ZAFFINO has been named President of AIG, effective January 1, 2020. At the same time he will continue to serve as Global Chief Operating Officer of AIG and Chief Executive Officer of General Insurance.