News - Insurance

MOLDOVA: Transtest may acquire 80% of Moldasig

The Competition Council in Moldova declared the economic concentration operation between Transtest and Moldasig compatible with the competitive environment. Thus, the company that owns the Banzai brand can acquire 80% of Moldasig, one of the insurance market leaders, reports.

AM Best's CEE Insurance Market Briefing – Vienna: from how to “read” a rating to how to “get” a rating

How trustful is a potential business partner? Who certifies its trustfulness, its creditworthiness? Ratings are the first check point when deciding whether to do business with an entity. Join the AM Best's CEE Insurance Market Briefing Vienna, on 17 April, not only to take the pulse of the fast-evolving challenges in the insurance field, but also to find out more about the rating building blocks, the meanings behind the assigned ratings.

STATISTICS: MOLDOVA, FY2023: the market approached MDL 3 billion

The insurance sector of Moldova ended 2023 with double-digit growth (+18.80%), total GWP reached MDL 2.93 billion (EUR 151.67 million), according to data published by the National Bureau of Statistics of the Republic of Moldova. At the same time, market growth in euros was more impressive – almost 26%.

Slovene largest health insurer appointed new head

The Supervisory Board of the Slovene health insurer Vzajemna Insurance Company appointed Matija Senk as the new Chairman of the Management Board, wrote here. His mandate started on March 1st.

Marsh to acquire majority share in Moroccan broker Beassur Marsh

Global insurance broker Marsh announced that it intends to exercise its option to acquire the majority of shares in Beassur Marsh, a leading insurance broker in Morocco. The announcement follows Marsh’s acquisition of a stake in the business in June 2019. Terms of the transaction were not disclosed.