Marsh, one of the the world's leading insurance broker and risk advisor, announced that Sarah Stephens, current Head of Cyber for the UK and International, Marsh Specialty, will assume the role of US Central Zone Leader effective May 1, reporting to Pat Donnelly, President, US and Canada, Marsh.

MetLife announced that Bryan Boudreau has been named executive vice president and Global Chief Actuary, effective May 11, 2023. Boudreau succeeds Andy Rallis, who will retire effective May 10, 2023, after a 39-year career at MetLife - including 11 years as Global Chief Actuary.

The Czech insurance market totaled CZK 200 billion (EUR 8.3 billion) at the end of 2022, up by 11.3% y-o-y, according to the year-end figures published by the Czech National Bank (CNB). For the life segment, the GWP value (including reinsurance) increased by 5% y-o-y CZK 54.3 billion, while the non-life insurance market was up by 13.9% y-o-y to CZK 145.8 billion.

The insurance market of Moldova ended 2022 with an increase of 28.28%, reaching MDL 2.47 billion (EUR 121.26 million), according to data published by the National Financial Market Commission. Paid claims amounted to MDL 905.68 million (EUR 44.44 million), which is 36.78% more y-o-y.

At the end of 2022, the Slovak insurance market totaled EUR 1.92 billion, 4.7% more y-o-y, according to the Q4 2022 Analytical Data of the Financial Sector published by the National Bank of Slovakia (NBS). The value of paid claims by local insurers increased by 15.5% y-o-y to EUR 1.18 billion, of which EUR 583.9 million related to life indemnities, EUR 176.9 million - Motor TPL, EUR 183.4 million- MoD and EUR 159.7 million - payments related to property claim files.

The National Bank of Ukraine (NBU) has canceled the licenses for insurance activities of INGOSSTRAKH and PROVIDNA, Forinsurer writes with reference to the NBU report.

The State Service of regulation and supervision of the financial market at the government of the Kyrgyz Republic informed, that by a resolution of the Cabinet of Ministers of the Kyrgyz Republic, an amendment was made to the resolution "On Approval of the Road Traffic Rules and the Basic Provisions for Admission of Vehicles to Operation and Duties of Officials to Ensure Road Safety".

Natural disasters resulted in global economic losses totaled USD275billion in 2022, of which USD125billion were covered by insurance, according to Swiss Re.

On March 25, the second International Conference AgroInsurance 2023 was held in Tashkent, where important issues were raised to ensure stable development of the agro-industrial sector of Uzbekistan, according to a press release on the website of the Ministry of Agriculture of Uzbekistan.

From April 1, 2023, MTPL market in Armenia will be completely liberalized, after that government agencies and citizens will have an opportunity to choose insurance companies, considering price/quality.

In January-February 2023, total GWP of 20 insurance companies in Azerbaijan amounted to AZN 221.06 million (~EUR 122.81 million), which is 24% more y-o-y, ABC.AZ reports with reference to the data of the Central Bank.

The Board of Directors of the National Commission of the Financial Market (CNPF) during the extraordinary meeting of March 9, 2023, approved the decision regarding withdrawal of the license of the insurance company GARANTIE SA (non-life) and submission to the insolvency court of the introductory request regarding filing of the insolvency procedure, moldstreet.com wrote.

French insurer Groupama reported YE2022 premium income of EUR 15.9 billion, up by 4.3% y-o-y with "strong growth in property and casualty insurance (+8.6% to EUR 8 billion), driven by the good performance of international subsidiaries (+20.4%), particularly in Romania". In Life and health, Groupama posted growth worth 0.8% y-o-y (to EUR 7.8 billion) both in France (+0.7%) and abroad (+1.1%).

German inurerance group Talanx posted YE 2022 gross premiums up by 17.4% y-o-y to EUR 53.4 billion, while the group net income increased to EUR 1.17 billion despite large losses, vs. EUR 1.01 billion a year before.

Lloyd's of London announced FY2022 Gross Written Premium (GWP) up by 19% to GBP 46.7 billion (FY2021: GBP 39.2 billion), including 4% volume growth.

One week before its debut, the 10th edition of the MOTOR Insurance Conference aligns an exceptional team of international speakers. IIF 2023 – MOTOR Insurance Conference - “Reshaping motor insurance business” will take place in Vienna, at the Bristol Hotel, on 5 April.

In less than two weeks, on 4 April, Hotel Bristol in Vienna will host the first edition of the ESG IN INSURANCE Conference. Organized in partnership with Vienna Insurance Group and with the support of IUC Group, the event will provide an encompassing review of the impact that incorporating ESG goals may have on insurers' business.

On 21 March 2023, David Benedek was granted a license by the Insurance Supervision Agency to become a member of the management board of Sava Re. Appointed as a member of Sava Re's management board on 15 December 2022, David Benedek began his 5-year term of office on 22 March 2023.

President of the Board of the Croatian Financial Services Supervisory Agency (Hanfa) Ante ZIGMAN has been elected Chair of the Risks and Financial Stability Steering Committee of the European Insurance and Occupational Pensions Authority (EIOPA).

Allianz Global Corporate & Specialty SE (AGCS), the corporate insurance carrier of Allianz Group announced two new members to its Board of Management and also changes in the responsibilities of individual current Board Members.