News - Insurance

ARMENIA: agroinsurance mechanism to be launched soon

As Armenian Prime minister Nikol PASHINYAN announced, agricultural insurance is about to start in the country, and its mechanism will be operated in a test mode at the first stage to determine all possible weak points, ArmInfo reports.



SERBIA: OTP Group acquired Societe Generale

The Serbian branch of OTP Group acquired Societe Generale Srbija, taking over the banking, insurance and leasing activities of the French group in Serbia.





ICAR 2019: Patrick DELALLEAU will share the French experience in dealing with NatCat risks

Climate change seems to be THE century's threat, even if many are not aware yet about the real impact and the dramatic consequences that this phenomenon may have for the future. Patrick DELALLEAU, Chief business Development Officer, CCR Re, France will talk at ICAR 2019 about the necessity to address the climate risk threat, showing what measures are currently taken in France for NatCat prevention.







HUNGARY: UNIQA Biztosito fined by regulator

Hungarian branch of UNIQA was fined with HUF 108 million (~ EUR 320,000) by the Central Bank of Hungary (MNB), following an investigation from the regulator who found several problems regarding internal control, insurance portfolio management and customer service.

POLAND: Insurance Guarantee Fund has a new President

The Council of the Insurance Guarantee Fund of Poland (UFG) unanimously adopted on 19 September 2019 a resolution on the appointment of Malgorzata SLEPOWRONSKA, currently member of the board, as the President of UFG.


Zurich appoints Peter GIGER as Group Chief Risk Officer

Zurich Insurance Group announced that Peter GIGER will join the Group on October 1, 2019, as Group Chief Risk Officer and a member of Zurich's Executive Committee. The appointment is subject to regulatory approval.