Swiss Re sells ReAssure to Phoenix Group |
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Swiss Re announced today an agreement to sell its subsidiary ReAssure Group plc to Phoenix Group Holdings plc. continue
News
SAVA Re expects payments for claims arising from Typhoon Hagibis to exceed EUR 5 million |
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In October 2019, Japan was hit by Typhoon Hagibis, one of the worst storms in the region in decades. According to latest estimates, the claims ... continue
Sava osiguranje expands its operations in the Croatian market by completing the acquisition process for two ERGO companies |
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On December 1, 2019, Sava Osiguranje - the Croatian branch of the Slovene Sava Re company -, fully acquired the portfolio of ERGO insurance and ERGO ... continue
AZERBAIJAN: financial markets supervision transferred to the Central Bank |
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On November 28, by Order of the President of the Republic of Azerbaijan, the Chamber of Financial Supervision of the Republic of Azerbaijan (FIMSA) ... continue
POLAND: PKO Ubezpieczenia became member of UFG |
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At the end of November 2019, PKO Ubezpieczenia became the 30th member of the Polish Insurance Guarantee Fund (UFG). continue
SCOR issues a new 3-year contingent capital facility |
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SCOR announced the launch of a new three-year contingent capital facility. This takes the form of a contingent equity line, providing the Group with ... continue
MetLife's European insurance assets acquisition by Generali on stand by |
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Italian insurance group Generali could postpone presenting a formal bid for the European assets of MetLife Inc. until end March 2020, after the 2019 ... continue
Standard & Poor's places UNIQA Rating on CreditWatch Positive |
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Standard & Poor's (S&P) placed UNIQA Group on CreditWatch Positive after the Austrian insurer announcement of a possible merger between two ... continue
KAZAKHSTAN: growth of Motor Hull GWP for 10 months exceeded 31% y-o-y |
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According to the National Bank of Kazakhstan, from January to October, Motor Hull increased by 31.4% y-o-y, to KZT 21.8 billion (~EUR 50.25 million), ... continue
RUSSIA: almost 9 in 10 insurance frauds fell on MTPL in the first nine months |
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According to the Bank of Russia, from January to September 2019, the total number of criminal cases in the insurance industry amounted to 1900, said ... continue
UKRAINE: TAS and ORANTA are leading in terms of MTPL contracts and GWP in 3Q2019 |
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According to the data published by MTIBU (Motor Transport Insurance Bureau of Ukraine), the total number of MTPL contracts amounted to 2 million ... continue
AZERBAIJAN: premium amounts on compulsory medical insurance to be set |
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The amendments to the law "On medical insurance" were put up for discussion and were proposed to set insurance premiums for compulsory medical ... continue
ARMENIA: new health tax to attract additional resources into healthcare to be introduced |
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According to the Minister of Health of Armenia, Arsen TOROSYAN, the healthcare sector needs additional resources in the amount of AMD 150 billion ... continue
AM Best revised the ratings of AzRe to positive from stable |
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AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit ... continue
EUROINS, 9M2019: group revenues rose by 44% y-o-y |
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For the first nine months of 2019, Euroins Insurance Group (EIG), part of EUROHOLD Bulgaria AD, reported revenues of BGN 962 million (~ EUR 492 ... continue
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Top Events
TOP EVENT: IIF2019 - Insurance in the Digital World Conference took place on November 21 in Bucharest |
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IIF2019 - Insurance in the Digital World Conference took place today, 21 November 2019, at Sheraton Hotel in Bucharest. The latest insurtech trends ... continue
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XPRIMM Events
IIF2020 - Motor Insurance Conference6 April 2020 , Bristol Hotel, Vienna, Austria |
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IIF2020 - Property Insurance Conference7 April 2020 , Bristol Hotel, Vienna, Austria |
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Georgian International Insurance Conference30 April 2020 , Radison Blu Iveria Hotel, Tbilisi, Georgia |
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FIAR 2020 - International Insurance Reinsurance Forum24-26 May 2020 , Sinaia, Romania |
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Conference "Insurance in Azerbaijan: Trends & Opportunities"June 2020 , Baku, Azerbaijan |
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Partners Events
Bancassurance Sales Training Masterclass 202015 - 17 January 2020, Bangkok, Thailand |
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2nd Edition INSURETEK 2020 - Insurance Conference & Golden Shield Excellence Awards29 January 2020, Dubai, United Arab Emirates |
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Bancassurance Masterclass Africa 202011 - 13 February 2020, Johannesburg, South Africa |
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3rd Annual Managing Insurance Contracts under IFRS 1711-13 March 2020, London, United Kingdom |
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9th AIDA Europe ConferenceZurich, Switzerland, 17-18 September 2020 |
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Statistics
STATISTICS: GEORGIA, 3Q2019: non-life paid claims almost doubled year-on-year |
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From January to September 2019, the Georgian insurance market generated GWP in amount of GEL 481.85 million (~EUR 149.24 million), which in local ... continue
STATISTICS: GREEK insurance market expanded to EUR 3 billion at the end of September |
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The Greek insurers reported aggregate GWP of EUR 3 billion at the end of September 2019, up by 7.8% y-o-y, according to the nine-months market report ... continue
STATISTICS: CYPRUS, 1H2019: Half-year premiums production maintained on ascending path by non-life LOBs |
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During January-June 2019, the Cypriot insurance industry increased by 2.5% y-o-y to EUR 468 million, according to half-year market figures published ... continue
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Markets & Trends
MARKETS & TRENDS: "Climate of risk"- polish case study how to communicate the need of weather risk management and insurance |
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Has the global warming affected all weather phenomena in the world? Is it behind each storm or hurricane? That dispute is irrelevant to insurers. The ... continue
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