News - Insurance

CZECHIA: Improved risk maps available containing 50 additional layers

On the first of November, an updated version of the risk maps of river and flash floods was launched in Czechia through the cooperation of the Czech Association of Insurance Companies (CAP) with the Ministry of Agriculture, the Water Management Research Institute and other state institutions resulted in the expansion of flood hazard maps.

Vienna Insurance Group sets new dividend policy

Vienna Insurance Group lets its shareholders continuously participate in its success since its initial listing on the Vienna Stock Exchange in 1994. With regard to dividend continuity and predictability VIG aims to pay in the future a dividend per share that is at least equal to that of the previous year and increases continuously depending on the operating earnings situation.

STATISTICS: Lithuanian market exceeded EUR 1 billion at the end of September

The Lithuania insurance market totaled EUR 1.07 billion at end-September 2023, up by 18.6% y-o-y, according to the quarterly figures published on the Central Bank's website. During the analyzed period, Lithuanian insurers paid claims from insurance losses worth EUR 474.7 million, up by 22.2% y-o-y.

Furtschegger to head Allianz Commercial’s Germany & Switzerland region

From January 1, 2024, current Global Head of Entertainment, Michael Furtschegger will be the new Regional Managing Director for Allianz Commercial in Germany & Switzerland, succeeding Hans-Jorg Mauthe who has held various senior leadership positions in his 30+ year career with Allianz Group - retires at the end of 2023, as the German group announced in a statement.

Mark Klein moves to the Board of Management of ERGO Group

Mark Klein, the former Chairman of the Board of ERGO Digital Ventures AG and Chief Digital Officer (CDO) of ERGO, will transition to the ERGO Group AG Board of Management as of January 1, 2024. His new board department will be responsible for all strategic digitalization initiatives, group marketing, and global sales partnerships.

UNIQA announced leaner Management Board structure from July 2024

Austrian insurer UNIQA informed that, as the Supervisory Board decided at its meeting on 22 November, the Management Board team, which will continue to be identical for the listed UNIQA Insurance Group AG and its subsidiary UNIQA Osterreich Versicherungen AG, will comprise seven instead of nine members in future.