TOP NEWS
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by Daniela GHETU, 2024-10-17
On 17 October 1994, Vienna Insurance Group (VIG), at that time trading as Wiener Städtische Versicherung, was listed on the Vienna Stock Exchange for the first time, a move that underpinned VIG’s growth to become the leading insurance group in the CEE region. Since the IPO, VIG has paid a dividend to its shareholders every year without exception.
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by Marina MAGNAVAL, 2024-10-16
On October 22 and 23, Banja Luka will host the third "Days of Insurance of the Republic Srpska" (DORS) conference, which is a central event for experts in the field of insurance, as well as all those who want to follow the latest trends and innovations in this industry, osiguranje.hr said.
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by Marina MAGNAVAL, 2024-10-16
A cooperation agreement was signed between Croatia osiguranje and OVB Allfinanz Hrvatska, to further enrich OVB's portfolio of products and services, svijetosiguranja.eu reports.
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by Daniela GHETU, 2024-10-17
According to a survey conducted this summer, there are 100,000 electric scooters on the Hungarian roads, includes private vehicles and scooter-sharing providers in major cities, Hungary Today wrote referring to a decision of the Criminal Chamber of the Budapest-Capital Regional Court of Appeal.
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by Daniela GHETU, 2024-10-17
As of September 30, 2024, in response to the floods in southern Poland, insurance companies have paid full compensations, uncontested amounts, or advances to 42,500 [updated as of October 10, 2024] owners of damaged homes and apartments, the Polish Chamber of Insurance said.
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by Marina MAGNAVAL, 2024-10-16
French insurer Groupama reported that as at 30 June 2024, Groupama’s combined premium income stood at EUR 12.0 billion, which indicates an 8.7% increase y-o-y. The increase came from property and casualty insurance (+5.0%), health and personal protection insurance (+10%), and savings and pensions (+20.7%).
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by Marina MAGNAVAL, 2024-10-16
For the first time, Allianz has been named one of the 30 most valuable brands in the world, moving up two places to the 29th position in this year’s Best Global Brands ranking from Interbrand, the company said in its press release.
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by Marina MAGNAVAL, 2024-10-16
In the first eight months of 2024, life insurance premiums amounted to AZN 417.5 million (~EUR 222 million), while paid claims reached AZN 329 million (EUR 175 million), ABC.AZ reports with reference to the Central Bank.
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by Marina MAGNAVAL, 2024-10-16
From January to August of this year, voluntary property insurance of motor vehicles in Kazakhstan amounted to KZT 67.9 billion (~EUR 128 million), which is 10.1% less y-o-y, Kapital.kz writes.
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by Marina MAGNAVAL, 2024-10-16
Based on the study of international experience and analysis of the insurance market of Kazakhstan, it was decided to introduce mandatory catastrophic risk insurance in the republic.
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STATISTICS
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by Marina MAGNAVAL, 2024-10-17
Serbian insurers ended 1Q2024 with total GWP worth RSD 41.69 billion (EUR 355.96 million), which is 16% more y-o-y, according to the end-quarter statistics published by the National Bank of Serbia (NBS).
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by Daniela GHETU, 2024-10-17
The Slovene insurance market fell by 10.37% in the first half of 2024, consolidated GWP reaching EUR 1.45 billion. Life insurance GWP increased by 8.2%, to EUR 444.27 million, most of the increase coming from the traditional life insurance lines (EUR 60.65 million), while the Unit-Linked line contributed with about EUR 18 million.
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by Daniela GHETU, 2024-10-17
According to the half-year market figures published by HAIC - the Hellenic Association of Insurance Companies, the Greek insurance market totaled EUR 2.8 billion at the end of 1H2024, up by 6.7% y-o-y from EUR 2.63 billion a year before. The non-life insurance increased by 8.5% y-o-y, to EUR 1.44 billion, while in the case of life business lines, Greek insurers generated about EUR 1.37 billion in GWP, up by 4.90% y-o-y.
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by Marina MAGNAVAL, 2024-10-16
The regional insurance market of the former USSR countries* in the first half of 2024 in euro grew by 22.22%, total GWP amounted to EUR 17.57 billion, according to xprimm statistics.
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TOP EVENTS
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by XPRIMM Teams, 2024-10-17
Re/insurers professionals that will attend the annual Baden Baden Meeting this year have the opportunity to get the first copies of three new XPRIMM reports: XPRIMM Insurance Report 1H2024, Insurance Profile Türkiye FY2023+1H2024; Insurance Profile Georgia FY2023+1H2024.
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MARKETS & TRENDS
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by Daniela GHETU, 2024-10-17
Specialist climate change investment and advisory firm Pollination Group and Howden, leading global insurer, have partnered to produce a joint report: “Through the Wilderness” – a role of insurance in unlocking nature finance.
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ON THE MOVE
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by Daniela GHETU, 2024-10-16
Optio Group, a leading specialty MGA, announced the appointment of Marc Van der Veer to the newly created role of managing director, Europe, effective immediately.
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by Marina MAGNAVAL, 2024-10-16
Global re/insurance broker Aon announced that Emma Crookes was named as global head of the insurance vertical. The insurance vertical delivers the full range of Aon’s capabilities to re/insurance clients with more relevant and impactful insight and solutions to meet their strategic goals and enable better business decisions.
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by Daniela GHETU, 2024-10-17
Argenta announced the appointment of Sarah Reeve as Senior Property Underwriter. Based in London, Sarah joins Hannah Wyatt, Unit Head of Open Market Property, and James Blackwell, Divisional Head of Property, to further develop Argenta’s D&F Property portfolio.
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EVENTS
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CURRENT XPRIMM REPORTS
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