S&P Global Ratings affirmed its 'A' long-term issuer credit and financial strength ratings on the core operating entities of Austria-based multiline insurance group UNIQA.

Munich Re purchased additional shares in Silicon Valley based "Next Insurance", taking its overall holding in the Californian start-up to around 27.5%.

AM Best has assigned a Long-Term Issue Credit Rating of "A-" to the EUR 750 million fixed rate senior dated subordinated notes due 2030 issued on 1 October 2019 by Assicurazioni Generali S.p.A. (Generali) (Italy).

Guy Carpenter & Company, LLC announced that Frank GUERRIERO has been appointed as Interim Head of International Facultative Operations, reporting to James NASH, CEO, International, Guy Carpenter.

Today has started in Istanbul de XIth edition of the International Istanbul Insurance Conference titled "Role of Technology and Innovation for The Sustainable Developments Goals and Financial & Cyber Insurances". XPRIMM Publications support the conference as Media Partner.

Between 3 and 4 October, the national reinsurance companies from all over the world gather in Saint Petersburg at the invitation of RNRC (Russian National Reinsurance Company) at the Annual National Reinsurance Summit to discuss the current challenges affecting the re/insurance sector.

In 2006, years before Lemonade started to disrupt the insurance industry and the terms fintech and insurtech became known at large, Daisuke IWASE, Group Chief Digital Officer at AIA Group, co-founded the first digital life insurance company Lifenet in Japan.

The flagship market of the CEE region, Poland, ended the first half of 2019 with only a modest increase in GWP, of 2.65%, to EUR 7.56 billion. The positive trend was entirely due to the GWP growth on the non-life side (5.36% up, EUR 5.07 billion).

The H1 results provided by the Czech National Bank show a positive market dynamic, with overall GWP increasing by 9.14%, to EUR 3.3 billion.

Latvian insurance companies generated EUR 15.37 million in aggregate H1 net profit, more than double than a year ago (EUR 7.22 million), the end-June figures published by FKTK (Financial and Capital Market Commission) showed.

At the end of June 2019, the Greek insurance market totaled EUR 2 billion, up by 3.9% y-o-y, according to the preliminary market figures published by the Hellenic Association of Insurance Companies (HAIC).

Already on its 11th edition, the Baden - Baden XPRIMM Reception, the traditional event organized by XPRIMM during the Baden-Baden Meetings, will take place on Sunday, 20 October, at Kurhaus Casino, gathering re/insurance specialists from all over the world.

The Azerbaijani Compulsory Insurance Bureau paid 69,512 manats as part of the international insurance system Green Card in connection with a road accident on the Russian-Caucasian Federal Highway, Trend reports citing the bureau.

The State Treasury and Finance Ministry of Turkey have announced the establishment of "Turk Re" as the national reinsurer, as a part of country's new program of economy revitalization.

Insurance Europe has announced that it will hold an event titled Insuring mobility - Today and tomorrow, on 16 October 2019 in Brussels.

On 17-19 October Milan will become the capital city of the insurance business in Italy, with the first edition of "Milano Festival delle Assicurazioni , a three-day event organized by Milano Finanza in cooperation with other leading insurance publications and in collaboration with Accenture and entirely dedicated to the promotion of insurance values and ethics.

ROSGOSSTRAKH Life launched sales of a new product that combines elements of investment and universal life insurance, ASN reports.

According to RAMI (Russian Association of Motor Insurers), from October 1 possibility to receive reimbursement within full MTPL insurance amount for the risk of damage to property will be available throughout the whole country. Before this possibility was given only to four territories.

The National Bank of Kazakhstan has set the task of changing the country's insurance sector by introducing Solvency II standard in the forecast of economic development of Kazakhstan for 2020-2024, as Allinsurance.kz reports.

New life insurer - Mega Life Insurance was registered by the Ministry of taxes of Azerbaijan. Charter capital of the new life insurer is AZN 11 million (~EUR 5.94 million), as Trend reports.