Back to

XPRIMM News NEWS ALERT, January 17th, 2011
January 17th, 2012

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.


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 and download the 3Q2011 Slovenian insurance market statistics.


LATVIA: MTPL determined the market trend in 3Q2011
In 3Q2011, insurance companies in Latvia wrote premiums totaling EUR 251.6 million (LVL 176.8 million), according to The Financial and Capital Market Commission (FKTK). If comparing with the first nine months of 2010, the value is almost 28% bigger than in the same period of 2010.

Access and download the 3Q2011 Latvian insurance market statistics.


GEORGIA: VIG confirmed in 3Q2011 the market leader position recently gained
In January-September, 2011, Georgian insurers generated a premium volume of EUR 116 million, 6% less compared to 3Q2010. Despite this decrease, life insurance premiums recorded a double value to EUR 5 million, but this type of insurance is still significantly under-represented, with a share of less than 5% in the total premium volume.

Access and download the 3Q2011 Georgian insurance market statistics.


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 and download the 3Q2011 Kosovo insurance market statistics.


Most recent news on

Subscribe now to and SAVE EUR 400 for the GOLD package
30 CEE&CIS countries – insurance statistics and news + CEE and CIS regional statistics

Click here for more details
Click here for 1 week Free Trial


President: Sergiu COSTACHE CEO: Adriana PANCIU
Business Development Director: Alexandru D. CIUNCAN
New Media Director: Mihaela CIRCU

Project Manager XPRIMM.COM: Daniela GHETU
Coordinating Editor: Andreea IONETE
International Column Coordinator: Vlad BOLDIJAR
Senior Editors: Vlad PANCIU, Oleg DORONCEANU
Editors: Oana RADU, Mihai CRACEA
Junior Editor: Olesea SERGHIESCU

Accounts Manager: Georgiana OPREA
IT Department: Octavian GRIGOR, Dorin PALADE, Cosmin ARMASESCU


Reproduction or use without permission of editorial or graphic content, in any manner, is prohibited. The Editorial Staff is not responsible for the truthfulness or the accuracy of the presented data. The Editorial Staff has the right to present the data in it's own manner. In what concerns the use, in any manner, of the information contained in this e-mail, Romanian laws apply.

Click here to subscribe!
Click here to unsubscribe!

Copyright©2012 Media XPRIMM