News

KAZAKHSTAN: S&P improved rating of EURASIA

Credit rating service of the international rating agency S&P Global Ratings on July 11 improved the issuer rating under the national scale rating of the insurance company EURASIA from kzAA- to kzAA+

16.07.2018

POLAND: GENERALI received UOKiK's permission to buy the CONCORDIA units

UOKiK - the Polish Office of Competition and Consumer Protection has given its consent to GENERALI for taking over the full control of the Polish insurers CONCORDIA Capital (life insurance) and CONCORDIA Polska TUW (non-life insurance) from their German shareholders CONCORDIA Versicherung and Vereinigte Hagelversicherung.

16.07.2018

20 years with XPRIMM

Our journey alongside the CEE, SEE and CIS insurance markets has reached the 20th milestone.
In 20 years we made every effort to become a reliable source of information, a familiar presence wherever something important happens in the re/insurance world.

10.07.2018

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TOP EVENT

LIVE: IIS Global Insurance Forum 2018 / Day2

The works of the Global Insurance Forum continued today in Berlin, Germany. Providing security for ageing populations in health care and pensions terms, as well as innovation and InsurTech or innovative strategies for the future development of the industry are on the today's agenda.

10.07.2018

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MARKETS & TRENDS

Hail and windstorms cause multi-billion global economic loss in June; draught may be this summer's nightmare for European farmers
Overall, extreme weather events led to a multi-billion dollar economic toll, of which insurers have to pay more than USD 3 billion in claims for US losses alone, the latest edition of Aon's monthly Global Catastrophe Recap report shows. Economic losses in the Central and South-Eastern Europe amounted some hundred million USD, but weather continued also in July, adding extra costs which may also amount to significant sums.

11.07.2018
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MUNICH Re: Fewer severe natural disasters in the first half of the year; overall losses below the average
Natural disasters across the world caused significantly lower losses in 1H 2018 than usual. According to provisional figures, overall losses were around USD 33 billion, the lowest level since 2005 (USD 29 billion after adjustment for inflation), MUNICH Re said today.

11.07.2018
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INSURANCE & TECHNOLOGY

First-if-its-kind Cyber Risk Modeling Platform licensed by Guy Carpenter
Guy Carpenter & Company announced on 30 April that its two-year strategic relationship with CyberCube Analytics, formerly part of Symantec Corporation, has produced the industry's first cyber risk modeling platform with an inside-out view of cyber risk exposure. More


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