News - Insurance -

Changes in the management board of PZU's asset management company, Towarzystwo Funduszy Inwestycyjnych PZU SA

The Supervisory Board of TFI PZU SA has adopted several changes to the management structure of the investment area. Dariusz LASK, former member of the board of Skarbiec TFI SA and Union Investment TFI SA, was appointed Chief Investment Officer.

2019-04-22

RUSSIA: The 2nd International Insurance and Reinsurance Congress "Global Objectives 2019" took place on April 10-12, 2019 in Moscow

The Congress was supported by the All-Russian Insurance Association (ARIA), and also by the Union of Insurance Experts and Adjusters (UIEA). INGOSSTRAKH was acting as the General Partner.

2019-04-22

TRUST Re Appoints Talal Al ZAIN as Group CEO

Bahrain based TRUST International Insurance & Reinsurance Company announced the appointment of Mr. Talal Al ZAIN as Group Chief Executive Officer.

2019-04-22

Swiss Re: 2018 Financial Condition Report

Swiss Re published today, 18 April 2019, the 2018 Financial Condition Report for the Swiss Re Group and regulated re/insurance legal entities domiciled in Switzerland for the reporting period ended 31 December 2018.

2019-04-18

CCR: 2018 Financial Position Report

In 2018, CCR group's consolidated premium income was EUR 1,371 million, with consolidated net income of EUR 132 million. CCR RE contributed EUR 35 million to the Group consolidated income, while CCR contributed EUR 147 million.

2019-04-18

Damian ZIABER is the new director of the Corporate Communication Office of the PZU Group

Damian ZIABER was appointed the director of the PZU Group's Corporate Communication Office, replacing Marek BARAN, who will remain in the Group's structure.

2019-04-18

VMSolution and FRISS partnership enables fast claims process

VMSolution, a start-up specializing in automation and risk calculation for motor vehicle insurance, and FRISS, the global supplier of risk identification and fraud detection solutions for property insurers, have signed a collaboration agreement for developing a joint solution that provides maximum support for the claims process in the above areas.

2019-04-18

Francesco MARTORANA appointed CEO of GENERALI Insurance Asset Management S.p.A

Francesco MARTORANA is the new Chief Executive Officer of Generali Insurance Asset Management S.p.A. Societa di gestione del risparmio (GIAM), effective April 1st, 2019.

2019-04-18

INTERVIEW: Michaela KOLLER, Director General, Insurance Europe

"We are delighted to be holding the 2019 International Insurance Conference in Bucharest. It is a historic moment, as it is the first time the conference will be held in a central European country and comes as Romania holds its first ever presidency of the Council of the EU."

2019-04-18

STATISTICS: BELARUS, FY2018: The market grew by more than 14%

In 2018, total market GWP reached BYN 1,226.04 million (EUR 495.69 million), which is 14.57% more y-o-y, according to figures published by the Ministry of Finance of the Republic. Market growth in Euro looks much more moderate (9.10%).

2019-04-18

STATISTICS: SERBIA, FY2018: Top 3 largest insurers accounted for more than 60% of total market

Serbian insurance market ended 2018 with GWP worth EUR 845 million, up 7.6% y-o-y, a result supported mainly by the non-life insurance side, which saw an 8.5% increase to EUR 644 million.

2019-04-18

CCN Aviation's global expands to the Indian market

FlightClaimEU, part of Claims Corporation Network - CCN's Group aviation activity that supports, advises and assists passengers in case of a flight disruption, expands its global footprint to India, the Group has announced.

2019-04-18

Swiss Re shareholders approved increase in regular dividend, new public buy-back programme and re-elected all proposed Board members

Swiss Re's shareholders approved all proposals put forward by the Board of Directors at its Annual General Meeting (AGM).

2019-04-18

ALLIANZ Zagreb will have a new Chairman of the Board

Daniel MATIC is the new candidate for the opened position as Chairman of the Board inside Allianz Zagreb, Croatia. He will replace Boris GALIC after getting the necessary approvals from the regulator.

2019-04-18

EUROHOLD to start exclusive talks to buy Bulgarian assets of CEZ

Bulgarian financial holding EUROHOLD - the owner of insurer EIG - Euroins Insurance Group reported in a press release that it is entering exclusive talks to buy the assets in Bulgaria of CEZ.

2019-04-18

Roelof JOOSTEN appointed member of ACHMEA's Supervisory Board

ACHMEA's AGM has appointed Roelof JOOSTEN as a member of the Supervisory Board. He succeeds Antoon VERMEER, who retired from his position last year after his maximum term of office. JOOSTEN's appointment is for four years and was approved by the Dutch Central Bank (DNB).

2019-04-18

RUSSIA: loss portfolio of RNRC amounted to RUB 4.3 billion in 2018

The Russian National Reinsurance Company published its report on the loss portfolio for 2018, according to which the losses in 2018 amounted to RUB 4.3 billion.

2019-04-18

UKRAINE: S&P affirmed Ukraine at B-/B, outlook stable

On April 12, 2019 S&P Global Ratings affirmed a 'B-/B' long- and short-term foreign and local currency sovereign credit ratings for Ukraine, the outlook remains stable, stated the agency's report.

2019-04-18

KAZAKHSTAN: S&P: life insurance may increase 15-20% in 2019

"Life insurance in Kazakhstan may grow by 15-20% in 2019, while non-life may remain at the level of 2018, or even decrease in real terms," S&P believes, according to Ekaterina TOLSTOVA, deputy director of the international rating agency.

2019-04-18

SCOR: April 2019 P&C renewal results reaffirm the positive trends observed in January

At the April 1, 2019, renewals, SCOR Global P&C grew gross written premiums by 9.6% at constant exchange rates to EUR 548 million, while benefitting from broadly improving market conditions. This result confirms the positive trends observed in January.