NEWS
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Mariusz
WICHTOWSKI, President of CoB, Keynote Speaker at IIF 2012
Mariusz WICHTOWSKI, President of the
Council of Green Card Bureaux, will address the International Insurance
Forum 2012. In his speech, "Actual development, problems and their potential solutions in the transborder
claims handling", he will present the most important issues on the CoB's agenda for the near
future. "We are concerned about the financial stability of the markets, as the problems
generated by any of the markets can seriously interfere the free
cash flow among all the 45 CoB members. All in all we are speaking
here about EUR 1.75 billion in compensations paid annualy to the
victims of accidents", stated WICHTOWSKI for XPRIMM.TV last fall.
The 2012 edition of the International Insurance Forum,
held in Istanbul, on March 4th-5th, will focus on a major topic -
profitability in motor insurance -, taking into consideration both
the future trends and the most relevant past experiences. Keeping
in mind the need to identify further growth opportunities for the
industry, the Forum will put forward some of the most promising insurance
markets, in terms of potential and business opportunities.
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SLOVENIA:
MTPL puts the brake on market recovery
Slovenian insurance market showed
a stable evolution in the first nine months of 2011, with an
overall premium growth rate of 1.15%, up to EUR 1.62 billion
GWP. Still, it is worth mentioning that paid claims registered
a significantly higher growing pace, of almost 6%, due to life
insurance paid indemnities. According to the Slovenian Insurance
Association estimates, by the end of 2011, the Slovenian market
will reach EUR 2.16 billion in GWP, 2.8% higher than in 2010.
Access www.xprimm.com and
download the 3Q2011 Slovenian insurance market statistics.
More... |
KOSOVO:
Market ends 3Q2011 with an increase of 7%
First nine months of 2011 represented,
for insurance companies operating in Kosovo, a volume of gross written
premiums of EUR 58.7 million, recording, compared to 2010, an increasing
evolution of 7%. This value was generated by the over 465 thousand
policies sold in the analyzed period. The characteristic of young
market is strongly supported by the practiced insurance lines, 60%
of the local market portfolio is attributed to MTPL insurance. Paid
claims of insurers amounted to EUR 19.7 million.
Access www.xprimm.com and
download the 3Q2011 Kosovo insurance market statistics.
More... |
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