Interviews
VIDEO: ESG or not to be? Europe's roadmap and its implications for insurers
"ESG or sustainability is not a short-term trend, but a structural change, one that we have hardly ever seen in the economic history throughout the last decades," stated Dieter Pscheidl, Head of European Affairs and ESG for Vienna Insurance Group (VIG) in the opening of the first episode of the XPRIMM TIME FOR BUSINESS series dedicated to ESG issues.
1 December 2022Mehmet Akif EROĞLU, Chairman IPRSA - Insurance and Private Pension Regulation and Supervision Authority, Türkiye
The main inflation impact will show in rising claims costs. Besides, in motor, claims costs have risen as shortages of parts have kept the prices of new and used vehicles high level. Motor liability as well as accident and general liability business will also be impacted, with high inflation feeding through into bodily injury claims.
24 November 2022Mira Kiridzic-Bügler, Market Head ACEE, Swiss Re
Clearly, we are all facing many challenges at the same time: high inflation, climate change, natural catastrophes, supply chain issues, etc. Nonetheless, we will consider individual circumstances by market and by client, and together we will find the best solution for our clients' needs.
17 November 2022Giorgi BARATASHVILI, CEO, ALDAGI
Aldagi is the first company in Georgia to incorporate segment and data-based approaches into its tariff policy. We have already taken the first steps to offer other insurance companies to have their risks reinsured with Aldagi. We see a real opportunity to go beyond Georgia and extend the range of our activities in the region.
10 November 2022Sule SENTURK, Co-Founder and CEO, CoSure Technology
End to End Risk Transfer Platform in Re/Insurance Industry
Based on AI & Blockchain Technologies
2 November 2022Ervin METE, General Executive Director, Albanian Financial Supervision Authority
So far, the insurance market has shown good resilience through several shocks, from the earthquakes to the pandemic. AFSA took a proactive approach in both crises, by increasing the frequency of reporting and supervision, closely monitoring liquidity and solvency ratios to ensure market stability.
6 October 2022Volodimir SHEVCHENKO, MTIBU General Director
I am cautiously optimistic about the MTPL sector's evolution in the future. The reason for optimism is that from the first day of the war the MTIBU and the MTPL insurers did not stop working to ensure that all road users had reliable insurance coverage. We act with faith in victory: we see our task not only in maintaining the availability and continuity of the process of concluding contracts and making MTPL insurance payments in the war conditions, but also in developing the market and services for car owners. Several steps have been made in this direction.
1 September 2022Vyacheslav CHERNYAKHOVSKY, General Director, Insurance Business Association of Ukraine
I have already started consultations both with major Western insurance businesses and international investors and donor organizations. They all understand the need for such a "Marshall Plan" for the industry. However, its concept and mechanisms, including financing, still need to be thoroughly worked out.
3 August 2022Dinara TEZEKBAEVA, Chairman of the Board, INGOSSTRAKH, Kyrgyzstan
Closed Insurance Joint Stock Company "Ingosstrakh" was founded in 1996. For 20 years, Ingosstrakh has been providing quality insurance services and is the leading company in the Kyrgyz Republic. Dinara TEZEKBAEVA, Chairman of the Board, answered some questions about the results of the company's work last year.
20 April 2022Marina SHIPOVALOVA, General Director, InterConsult Info
In general, compared to the pandemic year of 2020, when total GWP increased by only 12%, the past year 2021 had quite good dynamics
19 April 2022Julia KHMELNITSKAJA, Deputy CEO Willis CIS
As in previous years reinsurers are struggling with macroeconomy, including investment environment. Yet, the market further progressed in the period of "THE GREAT UNCERTAINTY"
24 February 2022Michael HAAS, Head Client Management L&H ACEE, Swiss Re - Claudia SZWILLUS, Underwriting Manager L&H CEE, Swiss Re
Swiss Re enhances its services for the Russian L&H insurance market. The reinsurer's clients in the region will benefit from the Group's leading underwriting manual in local language
11 January 2022VIDEO: Interview with Marijan MUMDZIEV, CEO, AMODO
Insurance consumers' preferences are now shaped by the other industries, insurance providers being compared not only to their peers but to whoever sets the benchmark for a great experience in their lives, believed Marijan MUMDZIEV, CEO, AMODO. In the interview given to XPRIMM he talked about the role digital technologies play in enabling insurers to provide their customers the best possible experience.
9 December 2021
Mira Kiridzic-Bugler,Market Head ACEE (Austria, Central & Eastern Europe)
Christian Kreutzer, Market Head & Transactions Lead, Northern, Central & Eastern Europe
The insurance protection gap is a worldwide topic. In CEE countries, salary level and missing trust in insurance are additional factors that contribute to a low insurance penetration. Raising public awareness for the value of insurance is an important task that we are working on closely together with our clients. I also expect that the demand for insurance will grow, as we will experience such events more frequently in the future. On the other side, insurance products need to become simpler and easier to understand with short and transparent conditions.
25 November 2021David ONOPRISHVILI, Chairman, Insurance State Supervision Service of Georgia
24 June 2021Irina MERZLIAKOVA, General Director, Belarusian Association of Insurers
10 June 2021Paata LOMADZE, CEO, GPI Holding
27 May 2021Alexandru CIUNCAN, General Director of UNSAR - National Union of Insurance and Reinsurance Companies in Romania.
Financial education can help us all better understand how financial market mechanisms work and be better prepared for the challenges of the present. It is very important that any consumer understands as well as possible how insurance works, and the expectations to be closer to the promise made by the policy.
18 March 2021Julia KHMELNITSKAJA, Deputy CEO Willis CIS
Beginning of 2021 already showed same uncertainity. At the macro level this is as regards economic recovery with some hopes for the brighter future though as vaccination started. 2021 will be core for development and actual reimbursement of COVID-19 related claims.
11 March 2021Oleg KHANIN, Chairman of the Board of the Insurance Company Kommesk-Omir JSC.
The pandemic has prompted digitalization to become a key industry trend in the upcoming years. In addition, the new reality of 2020 has stimulated insurers to create new products in health insurance (coronavirus insurance, telemedicine, critical illness insurance), as well as insurance programs against business interruption, cyber risks, financial losses.
4 February 2021
