North Macedonia
MACEDONIA: Vienna Insurance Group Macedonian Unit Posts Flat Pre-tax Profit in Jan-Sept
Austria's Vienna Insurance Group said on Tuesday its Macedonian non-life insurer Winner posted a pre-tax profit of 300,000 euro ($409,800) in the first nine months of 2011, unchanged from a year earlier.
23 November 2011MACEDONIA: membership in EUROPA Re subjected to the Parliament approval
The Government of the Republic of Macedonia will lend USD 5 million from the World Bank in order to acquire a 19.89 % stake in EUROPA Re, a catastrophe risk reinsurance company in the process of formation owned by countries of Southeast Europe and Caucasus.
16 November 2011MACEDONIA: Macedonian Insurer Vardar Osiguruvanje Renamed to Triglav Osiguruvanje
Macedonian non-life insurer Vardar Osiguruvanje said it has changed its name to Triglav Osiguruvanje to reflect its ownership ties.
13 October 2011MACEDONIA: Vardar reported 5-percent growth
Gross premiums of insurance company Vardar osiguranje, which is a member of the largest insurance company on the Balkans - Ljubljana-based Triglav, increased by 5 percent in the first six months this year, to EUR 11.2 million. Non-consolidated damage payment amounted to EUR 6.39 million, which accounted for a growth of 1 percent in the same period.
13 September 2011MACEDONIA: Slovenian owner increased capital of Sava Tabak
Macedonian insurance company Sava Tabak, which is in the majority ownership of Slovenian reinsurance company Sava Re, posted a drop of 34 percent in revenues from non-consolidated gross premiums, to EUR 5.9 million in the first six months this year, compared to EUR 9 million in the same period last year.
13 September 2011MACEDONIA: Macedonian Insurer Winner Q1 Market Share Doubles to 9.17%
Macedonian non-life insurance company Winner said it almost doubled its market share in the first quarter of 2011 to 9.17% from below 5.0% in the same period last year.
7 July 2011MACEDONIA: Croatia Osiguranje's Macedonian Non-life Insurance Unit Turns to Profit in 2010 - Table
Macedonian non-life insurer Croatia Osiguruvanje - Nezivot said it turned to an audited net profit of 3.766 million denars ($89,880/61,480 euro) in 2010 from a loss of 10.456 million denars a year earlier.
23 June 2011VIG expands on the life insurance market in Macedonia
Insurance company WINNER Osiguruvanje, member of VIENNA Insurance Group,
received from the national supervisory authority its practice license
for life insurance, starting January the 1st, 2011.
18 January 2011VIENNA Insurance enters the Macedonian life insurance market
After the announced market entry in Montenegro, VIENNA Insurance Group
continues strengthening its presence in Central and Eastern Europe and
plans to establish a life insurance company in Macedonia. The Group has
already been represented in the non-life insurance sector of Macedonia
through WINNER VIENNA Insurance Group since 2007.
19 May 2010
