Uber Suspended in Greece by New Legislation
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STATISTICS: TURKEY, FY2017: MTPL experienced a technical loss of about EUR 120 million
STATISTICS: CYPRUS, FY2017: Non-life underwriting result increased by more than 10%
STATISTICS: GEORGIA, FY2017: total market GWP increased by more than 12% in local currency
STATISTICS: Romania, FY2017: the growth trend was maintained by the life insurance segment
STATISTICS: Tajikistan, FY2017: The share of voluntary classes amounted to almost 77%
STATISTICS: LATVIA, FY2017: The share of EU branches GWP increased to almost 35%
STATISTICS: BOSNIA, FY2017: The share of RS insurers exceeds 30%
STATISTICS: MACEDONIA, FY2017: More than 57% of concluded contracts are related to motor classes
STATISTICS: MONTENEGRO, FY2017: GRAWE and LOVCEN lead the market rankings
STATISTICS: Russia, FY2017: total market produced 8.3% of GWP more than last year
STATISTICS: Bulgaria FY2017: Insurers' profits decreased by 4.8% y-o-y to EUR 52.6 million
China's FOSUN expressed its interest in Greece's largest insurer ETHNIKI a few days before the deadline for the EXIN Group to implement the deal for the acquisition of 75% of ETHNIKI from National Bank of Greece - NBG.
According to the year-end market figures published by HAIC - the Hellenic Association of Insurance Companies, the Greek insurance market totalled EUR.3.78 billion at the end of 2017, up by 0.05% y-o-y.
The sale of the Greek largest insurer to the American-Dutch consortium CALAMOS-EXIN remained under the question mark after CALAMOS Family Partners had filed a legal action against EXIN Financial Services Holdings, wrote ekathimerini.com.
The Greek insurers reported gross written premiums of EUR 2.80 billion at the end of September 2017, up by 0.26% y-o-y, according to the nine-months market report published by the Hellenic Association of Insurance Companies (HAIC).
The Greek insurers members of HAIC - Hellenic Association of Insurance Companies, reported a GWP of EUR 1.9 billion in 1H2017, or 1.2% more y-o-y, according to the half year report published on HAIC's website.
Eurolife ERB has selected the FRISS solution to confront insurance fraud more effectively. Eurolife ERB will be using FRISS to assess risks at underwriting and to detect fraud during the claims process, has announced FRISS.
ETHNIKI Insurance's sale entered its final stage once the National Bank of Greece's board approved the sale of a majority stake in it to American-Dutch consortium Calamos-EXIN, a banker close to the deal told Reuters.
At the end of March 2017, the Greek insurance market totaled EUR 962 million, up by 1.4% y-o-y, according to the preliminary market figures published by the Hellenic Association of Insurance Companies (HAIC).
Four investors submitted binding bids to acquire a majority stake in Greek lender National Bank's (NBG) insurance unit, ETHNIKI Insurance, reports Reuters quoting a banking source close to the deal.
According to a recent press release of the Hellenic Association of Insurance Companies (HAIC), the Greek insurance market saw a 4.6% y-o-y increase in the overall premium income in 2016, to EUR 3.78 billion. The result takes into consideration the 56 insurance undertakings HAIC members, representing approximately 97.1% of total premium income.
Starting 1 April 2018, VIG Re has realigned its organizational structure and management responsibilities to drive operational efficiencies and secure its cost leadership.
American International Group (AIG) announced that Anthony VIDOVICH will join the company as Chief Claims Officer, General Insurance, effective May 14, 2018.
Currently group CEO of AXA UK and Ireland, Amanda BLANC will also join the executive committee at ZURICH, with the handover scheduled to complete in the fourth quarter of 2018. BLANC is to succeed Gary SHAUGHNESSY as CEO of ZURICH Insurance's EMEA business.
The Supervisory Board of NN Group N.V. intends to reappoint Delfin RUEDA as member of the Executive Board and to designate him as Chief Financial Officer (CFO) of NN Group N.V. and vice-chair of the Executive Board for a term of four years.
Specialists from ICMIF - International Cooperative Mutual Insurance Federation and PensionsEurope, representatives of national insurance associations from Austria and Turkey, as well as professionals representing SWISS Re, GEN Re and AUDATEX are just a few of the speakers who have already confirmed their presence at FIAR 2018 - The International Insurance-Reinsurance Forum.
Insurance professionals from all over Europe gathered on Tuesday, 17 April, in Zagreb, Croatia, at the "Challenges and Practice of Insurance Supervision in South East Europe" conference. The event represents a unique forum for an open dialogue between insurance companies and insurance supervisory authorities of the SEE region.
In 2017, life insurance was the market driver for the Russian insurance market, mainly due to investment life insurance
The XXII International Reinsurance Conference has started today in Moscow, organized by Delovoy Format, with the support of the Russian Insurers Association. XPRIMM, the traditional Media Partner of the conference, has launched on the occasion the latest edition of its Insurance Profile Russia, providing for 2017 insurance statistical data.
The "IIF 2018 - PROPERTY INSURANCE - the NatCat challenge and beyond", taking place on Friday, 23 March, in Prague, bought into debate the NatCat insurance gap, but also the newly developed aspects of the manmade property risks.
The European Consumer Protection Conference, taking place on Thursday, 22 March, in Prague, brought into debate the consumer environment in the current European regulatory and economic landscape, the upcoming legislative changes that will benefit consumers and users of insurance and private pension products, as well as digitalization and the impact of technological advances in the field of financial services.
Insurance professionals from all over Europe gather today, 16 March, in Vienna, to participate at the "IIF 2018 - MOTOR INSURANCE - the innovation challenge" conference.
Industry professionals from CEE gathered on 22 February, in Macedonia, at the "IIF 2018 - CEE & SEE - Regional Actuarial Insurance Conference", to analyze the current reality of the actuarial job.
25 - 27 April 2018
Sofia, Bulgaria
Organizator: Eurofi
15 May 2018
London, UK
Organizer: Global Insight Conferences
Media Partner: XPRIMM Publications
For details: https://digitalstoriesconference.com/
17 - 18 May, 2018
Prague, Czechia
Organizer: GLC Europe
Media Partner: XPRIMM Publications
For details: glceurope.com
24-25 May 2018
London, United Kingdom
Organizer: marcus evans
Media Partner: XPRIMM Publications
For details:marcusevans-conferences-paneuropean.com
1-3 June, 2018
MILTAS - Milli Re's Sports Club
Organizer: MILLI Re
6 June 2018
Saint Petersburg, Russian Federation
Organizer: All-Russian Insurance Association
Co-organizer: Informational Group "Insurance Today"
Media Partner: XPRIMM Publications
For details: www.insuranceconference.ru
11 - 12 June, 2018
Hilton Tower Bridge, London, UK
Organizer: Insurance Nexus
Media Partner: XPRIMM Publications
For details: events.insurancenexus.com
14- 15 June 2018
Kiev, Ukraine
Organizer: Ukrainian Federation on Insurance
Media Partner: XPRIMM Publications
For details: https://insurancenext.org.ua/en/
19 - 20 June, 2018
The Grange Tower Bridge Hotel, London, UK
Organizer: Insurance Nexus
Media Partner: XPRIMM Publications
For details: events.insurancenexus.com
20-21 June, 2018
Nairobi, Kenya
Organizer: Aidem Business Solutions
Media Partner: XPRIMM Publications
For details: aidembs.com