STATISTICS: SLOVAKIA, 1H2019: despite increasing claims expenses, the market remained profitable
STATISTICS: BULGARIA, 1H2019: MTPL and the sickness insurance line were the main growth drivers
STATISTICS: SLOVENIA, 1H2019: Health insurance total market share reached 22.3%
STATISTICS: POLAND, 1H2019: insurers wrote EUR 7.6 billion in GWP, 2.65% more y-o-y
STATISTICS: CZECHIA, 1H2019: 9.14% more premiums wrote y-o-y for the first six months
STATISTICS: LATVIA, 1H2019: Half-year insurers' profit more than doubled to EUR 15.37 million
STATISTICS: Estonian insurance market exceeded EUR 200 million at the end of June
STATISTICS: Lithuanian insurers' H1 GWP increased by 6.7% y-o-y
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The latest issue of XPRIMM Insurance Report and Insurance Profile, to be launched at Baden-Baden |
Four new XPRIMM Publications will be officially launched during the Baden-Baden XPRIMM Reception, taking place on 20 October, in Baden-Baden, Germany. continue
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GEORGIA: TBC Insurance was the fastest growing insurer in 2017 and 2018 |
Georgian TBC Insurance ended 1H2019 with GWP worth GEL 39.3 million (EUR 12.03 million) and a net profit of GEL 5.96 million (EUR 1.82 million), ... continue
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Swiss Re and Pioneer ready to launch innovative telematics solution for insurers |
Swiss Re and global car electronics company Pioneer have co-developed an innovative telematics solution that will be integrated in Swiss Re's ... continue
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S&P re-confirms A+ rating with stable outlook for VIG Re |
On October 15, 2019, the international rating agency Standard & Poor's confirmed its long-term public issuer credit rating of "A+" and financial ... continue
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UKRAINE: Fairfax to acquire an additional 29% stake in UNIVERSALNA |
Canadian Fairfax Financial Holdings announced its intention to acquire about 29% of the shares of UNIVERSALNA, as Forinsurer reports with reference ... continue
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AZERBAIJAN: the country to expand cooperation with Iran in insurance sector |
Over the past year, more than 70% trade growth between Azerbaijan and Iran indicates the development of mutual relations, both countries being keen ... continue
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RUSSIA: higher amount of life and health indemnities may lead to 15% increase in MTPL claims |
From January to September 2019, the paid claims for life and health in MTPL events amounted to 5% of all the segment's paid claims, ASN reports. continue
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ARMENIA: January-September insurance portfolio of Export Insurance Agency of Armenia up 1.76 times y-o-y |
From January to September 2019, the insurance portfolio of the Export Insurance Agency of Armenia increased by 1.76 times, to AMD 6.28 billion (~EUR ... continue
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CZECHIA: CNB sets up Insurance and Pension Supervision Department |
Czech National Bank (CNB) established a new Supervision Department for Insurance Companies and Pension Companies, as part of the Financial Market ... continue
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The XVIII Annual November Business Meetings (NBM) for Reinsurers to take place on November 20-21, 2019, in Moscow |
The November Business Meetings for Reinsurers, one of the main business venues in Russia, will take place in Moscow, between 20-21 November 2019. continue
Sunday, 20 October, re/insurance specialists from all over the world are invited to two special events taking place in Baden-Baden, Germany: the XPRIMM Reception and The Georgian Evening.
CEE insurance markets maintained a positive trend in 1H2019. Overall, GWP went up by 6.11%, to EUR 19.86 billion. Paid claims grew at a similar pace, reaching EUR 11.75 billion (6.48% up y-o-y). Although at individual level the growth rates across the CEE countries were uneven, their weight in the regional GWP portfolio didn't change significantly.
The Slovak market finished the first semester of 2019 with a GWP volume of EUR 1,166 million (+2.6%), paid claims and benefits amounting to EUR 697 million (+7.1%) and a net profit at market level of EUR 68 million (-21.5%). Life sector held a share of 43.2% in total GWP, while the rest of 56.2% of GWP was brought by non-life business lines.
Insurers of Bosnia & Herzegovina have reported GWP worth EUR 195.7 million at the end of 1H, 6.65% more y-o-y. Life insurance recorded an above average growth rate, of 10%, which rounded its share in the market portfolio to 20%.
