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TOP NEWS
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ALBANIA: in January-May the insurance market expanded by over 15% y-o-y
by Marina MAGNAVAL, 2021-07-05
For the period January-May 2021 the Albanian insurance market generated GWP worth over ALL 7,009 million (~EUR 56.98 million*), or 15.51% more y-o-y. The number of concluded insurance contracts for the period increased by 1.86% y-o-y, according to figures published on the website of ASFA (Albanian Financial Supervisory Authority).
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June series of storms caused insured losses of EUR 1.7 billion in Germany
by Daniela GHETU, 2021-07-08
The series of thunderstorms from June 18 to 30, 2021 with heavy rain and hail caused insured losses of EUR 1.7 billion according to preliminary estimates by the Association of the German Insurance Industry (GDV), thus becoming one of the most devastating weather events in the history.
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RMS: tornadoes are more common in Europe than we usually think
by Daniela GHETU, 2021-07-08
Tornadoes are more common in Europe than is perhaps thought, with over 100 occurring on average each year across the continent, Laurent MARESCOT, Senior Director, Market and Product Expert for EMEA and CIS with RMS said in a post on LinkedIn.
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Guy Carpenter launches suite of climate advisory and modeling services
by Daniela GHETU, 2021-07-08
Partnering with global Marsh McLennan businesses to help clients address physical, transition and liability risk as companies look to develop and integrate robust climate change strategies into their overarching Environmental, Social and Governance programs, Guy Carpenter launched a suite of climate advisory and modeling services.
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EC's Coreper endorses provisional agreement on Motor insurance directive's amendment
by Daniela GHETU, 2021-07-08
The European Council's Permanent Representatives Committee (Coreper) supports the political agreement reached between the Council and the European Parliament on 22 June 2021 on the amendment to the motor insurance directive that will strengthen the protection of injured parties in motor vehicle accidents and improve the rights of policyholders.
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UZBEKISTAN: UNDP helps develop the insurance sector in Uzbekistan
by Marina MAGNAVAL, 2021-07-05
UNDP, together with the Agency for the Insurance Market Development at the Uzbek Ministry of Finance, organized a seminar on June 24, 2021, during which the results of the diagnostics of the development of inclusive insurance and risk financing in Uzbekistan were presented, UzDaily.uz reports.
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TOP NEWS
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MARKET & TRENDS
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The digital pandemic - ransomware attacks worldwide went up by 170%
by Daniela GHETU, 2021-07-08
"From a cyber perspective, only two types of companies exist: those that have been hacked and those that will be hacked," reads a recent Hiscox report which also calls ransomware attacks a "digital pandemic" with which 2020/21 will be for ever associated, as well as with the Covid-19 pandemics.
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STATISTICS
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ON THE MOVE
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Guy Carpenter announces senior Non-Marine Specialty appointments
by Andrei Victor, 2021-07-05
Global reinsurance broker Guy Carpenter (GC), part of Marsh McLennan (MMC), announced the appointments of James Johns as Managing Director, effective August 12, 2021, and Joshua O'Donoghue as Senior Vice President, effective November 8, 2021, within its Non-Marine Specialty division.
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Guy Carpenter announces two senior appointments at GC Access
by Daniela GHETU, 2021-07-08
Guy Carpenter & Company, LLC, a leading global risk and reinsurance specialist and a business of Marsh McLennan, announced the appointments of Matt PETKA as Managing Director and Riley UNDERWOOD as Senior Vice President within its GC Access business unit, with immediate effect.
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EVENTS
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CURRENT XPRIMM REPORTS
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