News - Insurance

Don’t miss the International Conference on Insurance Claims, on 29 May

Which part of the insurers' activities is more important when customers need to assess the quality of services they receive? Doubtless, the settlement of claims seems the correct answer. The International Conference on Insurance Claims, to take place in Bucharest, on 29 May will address the main aspects related to claims management processes.

ARMENIA: net profit in 1Q declines by 73%

In 1Q2024, the net profit of the Armenian insurance sector decreased by 73% y-o-y (vs an increase of 41.2% a year ago). Experts note that this was impacted by an increase in paid claims and a decline in premiums, while a year earlier they saw growth, ArmInfo reports.

BMS Re strengthens MGA business ProLink Solutions with six hires

BMS Re, the specialty reinsurance arm of the global broking group BMS, announced the appointment of six new hires to its dedicated MGA business, ProLink Solutions (“ProLink”). Previously, the ProLink team consisted of 15 individuals. The current appointments are increasing the team's capacity to support raising demand for their expertise.