 Modest
evolution for the CEE insurance market in 1H2012
by vlad.boldijar@mxp.ro, 2012-10-22
The decrease rhythm of the insurance market in CEE slowed down in
the first half of 2012. According to XPRIMM Insurance Report 1H 2012
- launched yesterday during the Baden-Baden XPRIMM Reception -, the
decrease rate was -0.27%, compared to 4.01% at the end of 2011, the
insurance market in CEE reaching EUR 17.68 billion in the first six
months of 2012.
 More
 TCIP
to renew 5% up
by alexandru.ciuncan@mxp.ro, oleg.doronceanu@mxp.ro,
2012-10-22
The Turkish Catastrophe Insurance Pool (TCIP) is set to pay 5 percent
more for its reinsurance programme when it renews at 1 November,
The Insurance Insider reveals.TCIP purchases EUR 1.5 billion of cat
cover in excess of an attachment point of EUR 175 million, which
is supposed to provide protection for a 1-in-250 year event.
More
 AM
Best: The crisis could lead to reinsurance demand increase
by mihaela.circu@mxp.ro, 2012-10-22
The large catastrophe losses and the ongoing uncertainty around the
euro's sustainability may increase reinsurance demand, according
to AM Best.
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 MONTALVO,
EIOPA: 2016, a far more credible Solvency II date
by mihaela.circu@mxp.ro, 2012-10-22
2016 is now a far more realistic and desirable new start date for
the new Solvency II regime, said Carlos MONTALVO, the Executive Director
of European Insurance Supervisor the European Insurance and Occupational
Pensions Authority (EIOPA).
More
 MUNICH
Re: Profitability in core insurance business is what counts in the
low-interest-rate phase
by mihaela.circu@mxp.ro, 2012-10-22
The persistently low interest rates in particular are impacting investments,
especially in an industry where players had excess capital to work
with. The low-interest-rate environment is dominating the discussions
between primary insurers and reinsurers in Baden-Baden.
More
 STELLAR
Re evening continues the Baden-Baden tradition
by oana.radu@mxp.ro, 2012-10-22
Saturday, October 20th, the representatives of the Romanian insurance
market took part in the traditional cocktail organized by STELLAR
Re at Baden-Baden. The Romanian Evening, organized by STELLAR Re,
is one of the most important events organized before the five days
of meetings between insurers, brokers and reinsurers.
More
|
 XPRIMM
Insurance Report 1H 2012 launched at Baden - Baden
by vlad.boldijar@mxp.ro, 2012-10-22
The most complex synthesis regarding 32 insurance markets in CEE,
South-Eastern Europe, Russia and CSI has been launched on Sunday,
October 21st, during the Baden-Baden XPRIMM Reception. Leaders and
specialists in the insurance, reinsurance and similar domains reunited
for the forth year in a row at Kurhaus Casino to take part to the
launch of XPRIMM Insurance Report 1H 2012, magazine which reached
its 7th issue.
More
 VIDEO: UNITY
Re: We are expecting good business in this season
by daniela.ghetu@mxp.ro, 2012-10-22
"Unity Re is the leading Russian reinsurance, active not only in Russia, but
also in the CIS and CEE markets. We are confident that this season will bring
good business for us, although most probable this renewal season will be quite
a flat one, especially for Europe" stated Dimitri GARMASH, Deputy CEO, UNITY Re for XPRIMM.TV.
More
 VIDEO: GRINDLEY:
Our next step abroad will be Bulgaria
by daniela.ghetu@mxp.ro, 2012-10-22
"We have a large marine portfolio, which is in fact a Black Sea regional business
-, and becoming now a lot more aggressive in the cargo business, in particularly
from the Turkish market, were we have opened an office this year. Moreover, we
are preparing to extend our activity in Bulgaria, a market were we will enter
with really original products", stated James GRINDLEY, CEO CERTASIG, for XPRIMM.TV.
More |
