News - Insurance

RUSSIA: The 5th forum of insurance innovations InnoIns-2021 to be held on April 27

On April 27, 2021, the 5th InnoIns-2021 Insurance Innovation Forum will take place. The event will be held in a mixed, online + offline format. Forum speakers and moderators will gather in a studio, while the rest of the participants will work online. The forum of insurance innovations InnoIns-2021 is held by MIG Insurance Today and the analytical agency BusinessDrom with the support and participation of the All-Russian Insurance Association.


The COVID-19 crisis made and continues to make the headlines since the beginning of 2020. Yet, as the worst pandemic ever is expected to lose its intensity in the months to come, there are pre-existing grave topics on the agenda that are far from losing ground and are equally far from finding an all-encompassing solution.

NBG shareholders approved the sale of Ethniki

Th National Bank of Greece, the shareholder of Ethniki Asfalistiki - the largest and the oldest insurer in the country - announced that on Extraordinary General Meeting of its Shareholders held on April 21st 2021 remotely in real-time via teleconference it was approved the sale of 90.01% in the company to CVC.

KPI for insurers' investment activities should be based on a ratio of assets

Insurance Europe agrees with the European Insurance and Occupational Pensions Authority (EIOPA) that for insurers' key performance indicators the alignment with taxonomy-aligned activities should be assessed based on non-life gross premiums and the assessment of funding taxonomy-aligned economic activities should be based on the investments.

Dunav osiguranje designated the consumer's favorite insurance brand in Serbia

Serbian "Dunav osiguranje" is the winner of this year's award "Consumer's favorite" in the insurance category, designating the most popular brands on the Serbian market. Organized by the association "My Serbia" and with the support of the City of Belgrade, the contest awards the best brands based on the consumers' votes.

AON: ARA's 2020 GWP increased by 6% y-o-y to USD 294 billion

Despite the combined effects of around USD 25 billion of pandemic and natural catastrophe related losses and a compromised investment return, Aon's Reinsurance Aggregate (ARA) of reinsurers was able to report positive earnings for the year and an increased capital base, aided by demonstrated access to new funding.

Munich Re reported Q1 result of around EUR 600 million

German reinsurer Munich Re announced preliminary net profit of roughly EUR 600 million for the Q1 2021, which is up on the consensus of EUR 466 million and also the EUR 221 million reported in the same period in 2020.

Aegon's Global CTO to steps down

Aegon announced that Global Chief Technology Officer Mark Bloom is stepping down, effective June 1, 2021: "Having led Aegon's technology and innovation activities for more than five years, he has decided to leave the company to pursue other opportunities".