TOP NEWS
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by Marina MAGNAVAL, 2025-04-22
HOK osiguranje d.d., that has been present on the insurance market in Croatia since 2001, achieved a net profit of EUR 3.52 million at the end of 2024, which is 58.76% more y-o-y, according to the financial report on the company's website, osiguranje.hr writes.
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by Marina MAGNAVAL, 2025-04-22
The jury of the competition of leaders of the global financial market awarded UNIQA the title of "Best Insurance Company in Poland", the press service of UNIQA reports.
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by Daniela GHETU, 2025-04-24
In 2024, Romanian insurers paid out a record 56 million lei in compensation for storm-related damage to homes under voluntary insurance policies, a 120% increase compared to 2023, according to a press release by UNSAR – the National Union of Insurance and Reinsurance Companies of Romania.
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by Marina MAGNAVAL, 2025-04-22
Bank of Cyprus Holdings Public Limited Company announced the signing of a binding agreement with the Hellenic General Insurance Company “Ethniki” for acquisition of 100% of Ethniki Insurance (Cyprus) Ltd.
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by Marina MAGNAVAL, 2025-04-22
Motor insurers are under cost pressure in the MTPL segment as losses continue to increase, according to the vice president of the Insurance Association of Turkiye (TSB), Mr Ahmet Yasar, Middle East Insurance Review writes.
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by Marina MAGNAVAL, 2025-04-22
Consolidated revenue of Marsh, the world’s leading insurance broker and risk advisor, and a business of Marsh McLennan, in the first quarter of 2025 was USD 7.1 billion, an increase of 9% compared with the
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by Marina MAGNAVAL, 2025-04-22
Achmea's Annual General Meeting adopted the financial statements for 2024 and approved a dividend payment of EUR 335 million. This is the first year in which the Dutch insurer Achmea reports on the material sustainability aspects of its business operations, in accordance with the Corporate Sustainability Reporting Directive (CSRD).
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by Marina MAGNAVAL, 2025-04-22
Swiss?Re published the 2024 Financial Condition Report for the Swiss?Re Group and its regulated re/insurance entities domiciled in Switzerland for the reporting period ended 31 December 2024.
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by Marina MAGNAVAL, 2025-04-22
The MTPL loss ratio on the Armenian insurance market has been declining since the beginning of 2025, and at the end of 1Q it amounted to 79% (vs 86% a year earlier), according to the data of the Armenian Bureau of Motor Insurers, ArmInfo writes.
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by Marina MAGNAVAL, 2025-04-22
Kazakhstan plans to introduce mandatory housing insurance against natural disasters. This insurance will cover such risks as earthquakes, floods, high waters and forest fires, according to the advisory document of the regulatory policy, published on the portal "Open NPA (regulatory acts)", Kapital.kz reports.
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by Marina MAGNAVAL, 2025-04-22
The accident rate on Kazakhstan's roads has increased: 31.6 thousand road accidents were recorded in January-December 2024 - twice as many as in 2023, according to the ranking.kz portal.
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by Marina MAGNAVAL, 2025-04-22
For the period from January 1 to April 11, 2025, the State Insurance Organization (GSO) of Kyrgyzstan paid KGS 19.02 million (~EUR 0.19 million) to clients and victims, vesti.kg writes.
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by Marina MAGNAVAL, 2025-04-22
The President of Uzbekistan has signed the Law “On agricultural risk insurance”, which provides for conclusion of agroinsurance contracts for one or more risks when producing agricultural products, APK-Inform writes.
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by Marina MAGNAVAL, 2025-04-22
In recent years, financial risk insurance and property insurance have become increasingly important in the structure of the insurance market of Uzbekistan, which is facilitated by growing inward reinsurance. At the same time, life insurance has sharply decreased after abolition of tax incentives in 2023: its share fell from 25% in 2022 to only 2% in 2024, uzdaily.uz writes.
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MARKETS & TRENDS
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by Daniela GHETU, 2025-04-24
Economic losses from natural catastrophes reached at least USD 83 billion in Q1 2025, with insured losses exceeding USD 53 billion and a global insurance gap of about 35%, the latest Aon Global Catastrophe Recap shows.
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STATISTICS
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by Daniela GHETU, 2025-04-24
Bulgarian insurance market reported FY2024 GWP worth BGN 4.68 billion (EUR 2.39 billion), up 6.5% y-o-y, according to the official quarterly figures published on Financial Supervisory Commission website. Life insurers' GWP increased by 5.9% to BGN 774 million, while non-life insurers' GWP rose by 6.67% to BGN 3.9 billion. Overall, the portfolio structure remained almost unchanged.
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by Daniela GHETU, 2025-04-24
At the end of 2024, the Slovak insurance market totaled EUR 2.08 billion, 7% more y-o-y, according to the Q4 2024 Data of the Financial Sector published by the National Bank of Slovakia (NBS).
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ON THE MOVE
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by Marina MAGNAVAL, 2025-04-22
On April 16, 2025, the Supervisory Board of PZU ?ycie SA decided to appoint Artur Fromberg to the Management Board, effective immediately, the company said.
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by Daniela GHETU, 2025-04-23
Swiss Re announced today that Bernhard Kaufmann will succeed Patrick Raaflaub as Group Chief Risk Officer as of 1 October 2025. He will take over the position from Patrick Raaflaub, who will retire.
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by Daniela GHETU, 2025-04-23
Scor announced the appointment of Philipp Rüede as the new CEO SCOR Life & Health and a Member of the Executive Committee, replacing Frieder Knüpling who stepped down in July 2024. He will take up his position on 1 June 2025.
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by Marina MAGNAVAL, 2025-04-22
Else Bos was appointed as a member of Achmea's Supervisory Board at the recent Annual General Meeting. Petri Hofsté and Roel Wijmenga have stepped down from the Supervisory Board, as their terms of appointment have come to an end, the insurer said.
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EVENTS
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CURRENT XPRIMM REPORTS
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