The Russian National Reinsurance Company (RNRC) announced that Nikolay GALUSHIN, its President and Chairman will leave the position on July 1, 2019, "following the successful implementation of the launch and development of national reinsurer's activities, through the company's strategy".

The MTIBU (Motor Transport Insurance Bureau of Ukraine) has published the results of Bureau members' financial stability and claim settlement quality; out of 51 companies licensed for MTPL, 16 insurers got the highest evaluation rating in 1Q2019, Forinsurer reports.

The National Bank of Kazakhstan reports that as of May 1, 2019, market GWP increased by 19.9% y-o-y amounting to KZT 166.8 billion. Paid claims grew by 51.5% y-o-y, to KZT 37.9 billion, Allinsurance.kz reports.

ALSKOM has registered a new life insurer: ALSKOM-VITA. The license, based on the order of the Ministry of Finance, was issued May 29, 2019, as reported by UzReport news agency.

Turkish insurance market's GWP was of TRY 17.5 billion (about EUR 2.7 billion) in Q1 2019, ~20% up y-o-y in nominal terms, according to the preliminary data published by the local association - TSB. In European currency, the rate was negative (-7.7% y-o-y) due the depreciation registered by the local currency against euro (6.3188 TRY/EUR, March 31st, 2019 vs. 4.8673 TRY/EUR, March 31st, 2018).

In 1Q2019, the Moldovan insurance market grew 3.31% y-o-y, to MDL 343.10 million (EUR 17.66 million). Market paid claims increased significantly, by 68.59% to MDL 120.92 million (EUR 10.49 million), according to data published by the National Commission for Financial Markets (CNPF).

According to data published by the Kyrgyz Republic's State Service for Regulation and Supervision of Financial Markets, in the first three months of 2019, GWP amounted to KGS 268.10 million (EUR 3.42 million).

CCN Recoveries, one of the specialized activities of CCN Group, is expanding its coverage by launching this new service in Romania.

AVIVA announced that the BoD and Tom STODDARD have decided that Tom STODDARD will step down as Chief Financial Officer and as a Director of AVIVA from 30 June 2019: "Tom STODDARD will remain with the Group until 31 December 2019 to support an orderly transition".

Austrian insurer UNIQA announced changes in its Vaduz-based Management. Thus, Carsten ABRAHAM was appointed as CEO of UNIQA Versicherung Aktiengesellschaft, Vaduz in addition of current CFO responsibilities, after Ismar Daniel KUHNEISEN decided to exit UNIQA Group.

AON announced that Peter LIEB is retiring from the firm after ten distinguished years of service as Executive Vice President and General Counsel.

CNP Cyprus Insurance Holdings announced that its majority shareholder - the France's insurer CNP Assurances which owns 50.1% of its share capital, came to an agreement with Bank of Cyprus to acquire the remaining 49.9% stake in CNP Cyprus Insurance Holdings.

Turkish authorities are ready to set up SDDK - the new independent Insurance Regulation and Supervision Authority, according to the Minister of Treasury and Finance, Berat ALBAYRAK quoted by Middle East Insurance Review.

A decade on from the financial crisis, the market has entered very interesting times as the industry moves towards the end of the credit cycle and a number of topics on the political agenda take precedence.

Developing several mandatory insurance lines, as well as reforming the agricultural insurance system or taking steps to the market's digitalization and general modernization are the main growth solutions that will be discussed on the occasion of the 2019 edition of the Conference "Insurance in Azerbaijan: Trends & Opportunities", 28 June 2019, Hilton Hotel, Baku, Azerbaijan.

According to Philipp GABUNIA, Director of the Insurance Market Department of the Bank of Russia, from January to March 2019, investment life insurance (ILI) GWP dropped by 26% y-o-y in an amount of RUB 46 billion, ASN reports.

Re/insurance professionals from all over Europe will gather, on 25 June, in Moscow, at the "State Insurance Supervision Efficiency in a Frame of a New Solvency Regulation Approach" Conference, organized by the AIDA Insurance Legislation Working Group (AIDA Russian Chapter) within the AEB Insurance and Pensions Committee.

According to a Ranking.kz estimation based on data from the National Bank, for the first four months of this year, total income of the Kazakh insurers reached KZT 133.2 billion, which is 25.8% more y-o-y, Allinsurance.kz reports.

The Financial Supervision Commission (FSC) of Bulgaria is implementing a bonus-malus system for MTPL insurance. The system, similar to others in Europe, will influence MTPL premium levels depending on driver behavior.

On July 1, 2019, insurance market liberalization begins in Moldova. After this date insurance companies will independently set tariffs for MTPL and Green Card, which are currently set by the supervisory authorities, Sputnik Moldova news agency reports.