News - Insurance

TOP EVENT: IIS Global Insurance Forum, Day 2

The 55th edition of Global Insurance Forum, organized by IIS - International Insurance Society and The Institutes continues today with insightful discussions about the future of the insurance, the cyber threats and the impact of AI.

STATISTICS: ROMANIA, 1Q2019: Market GWP increased by 5% y-o-y

At the end of 31 March 2019, Romanian insurance market grew by EUR 27 million (+5.0%) y-o-y in terms of gross written premiums (GWP). In local currency, the premiums growth was slightly higher (+7.4%), as Financial Supervisory Authority (ASF) figures show.

The Reinsurance Market in Kazakhstan. A Fresh Look

How has reinsurance fared on the Kazakh market for the past five years (2014-2018)? This overview analyses the main trends and investigates the future, giving simple recommendations that may give impetus to a new development stage.

TOP EVENT: IIS Global Insurance Forum, Day 1

The 55th edition of Global Insurance Forum, organized by IIS - International Insurance Society and The Institutes is taking place between 19 June - 21 June in Singapore.

GENERALI completed acquisition of Union Investment TFI S.A. in Poland

GENERALI finalized the completion of the transaction with German Group Union Asset Management Holding AG to acquire Union Investment TFI S.A. in Poland. GENERALI has received the required approvals from all relevant regulatory bodies and competition authorities.

ADRIS Grupa to invest EUR 60 million in insurance by 2023

CROATIA's osiguranje shareholder - the Rovinj based consortium ADRIS Grupa - with businesses in tourism, real estate, tobacco and food industry announced it plans to invest HRK 3 billion (EUR 400 million) in developing its three main business segments by 2023.

New members elected in the Geneva Association's Board

The Geneva Association, the global organization of insurance and reinsurance CEOs, has announced the election of four new Board members. The association's Board refreshment follows to the appointment, in February, of Jad ARISS as Secretary General.

AXA XL appoints ex AIG executive as CUO

AXA XL, the property & casualty and specialty risk division of AXA, has named Robert KLEPPER as Chief Underwriting Officer -- Short Tail Insurance Lines, reporting to Jason HARRIS, Chief Executive, Global Property & Casualty Insurance.


DUNAV Osiguranje, a Serbian insurance company based in Belgrade and the largest non-life insurance company in the Serbian insurance market, for the second consecutive year supported the Srem Agricultural Fair - AGROSIRM, that was held on June 8-9, as the company stated on its website.