CROATIA:
Timid signs of the GWP falling trend slowdown
The Croatian insurance market showed
an y-o-y almost steady status by the end of 3Q2011, in nominal terms
and the local currency. However, the 2011 GWP figures are 1.19% lower
than 12 months ago, by the end of September 2010, coming down under
the HRK 7 billion threshold. Both in real terms, considering the
y-o-y 2.6% inflation rate registered, or calculated in European currency,
the market turnover went down by about 3.8 percentage points, to
EUR 932.33 million. Compared to the half year results, one could
observe a slight flattening trend of the downward curve.
Access www.xprimm.com and
download the 3Q2011 Croatian insurance market statistics.
More...
KAZAKHSTAN:
A season for upgrades
Last week, SANDARD & POORS
has upgraded Kazakhstan's rating one step to BBB+, the third-lowest
investment grade, with a stable outlook, citing the effect of rising
commodity exports on fiscal and current account surpluses. The agency
now rates Kazakhstan one level higher than Russia, two higher than
Brazil and the same as Thailand, Ireland and Thailand. Kazakhstan
holds 3% of the world's crude reserves, compared with 5.6% for Russia,
according to Bloomberg data.
Access www.xprimm.com and
download the 3Q 2011 Kazakh insurance market statistics.
More... |
