Insurance Newsletter
- frequency: weekly, every ThursdayIn 2020, Armenian insurance companies, participating in the agroinsurance program, collected GWP worth AMD 130.94 million (~EUR 0.2 million*), according to the quarterly Financial Rating of Armenian Insurance Companies, prepared by ArmInfo. At the same time, 82.2% (or AMD 107.6 million) was directed to risk reinsurance.
A rural insurance program was implemented in Armenia, in 6 regions, covering 2 crops. In 2021, the program shall be implemented nationwide, covering a total of 11 crops. The program is part of a series of measures aiming at developing the country's agriculture.
At the end of 2020, GWP of Armenian insurers decreased by 9.33% y-o-y to AMD 44.54 billion (~EUR 69.49 million), according to the data on the insurance companies, provided to ArmInfo.
By the end of 2020, 5 insurance companies out of 6, operating in the local market, were included in the list of 1000 largest taxpayers in Armenia, while a year ago there were only 3 insurers in this list, ArmInfo reports.
According to the Bureau of Motor Insurers of Armenia, for 11 months of 2020, the number of online MTPL contracts exceeded by 2.3 times the same indicator for 11 months of 2019, and the share of e-MTPL policies in the total number of MTPL contracts increased to 14% from 5% a year ago, ArmInfo reports.
As another edition of Baden Baden Reinsurance Meeting closes its gates, the re/insurance world had its eyes on the German town, where the current trends and future expectations of the industry are being the focal points of the discussions.
On Sunday, 23 October, over 230 insurers and reinsurers from all over the world met at the 8th edition of the Baden-Baden XPRIMM Reception, the traditional event organized by XPRIMM during the Baden-Baden Meetings.
SWISS RE, JLT Re, TRUST Re, and CERTASIG were the winners of the 2016 XPRIMM Award for outstanding contribution to the development and evolution of the insurance and reinsurance market. The awards were given during the XPRIMM Insurance Awards Ceremony organized within the Baden-Baden XPRIMM Reception 2016.
An exquisite atmosphere, experience changes between re/insurance specialists and valuable business networking opportunities were key elements of the 5th edition of the AZERI Evening in Baden-Baden, the event which took place on Sunday, 23 October, at the Casino Restaurant Sommergarten.
Seven new titles of the well-known XPRIMM Publications are available this year on the XPRIMM Baden-Baden press stands opened in the Kurhaus Casino and in the main business meeting points. The specialized magazines present the latest statistical data and comprehensive analysis for the CEE, SEE and CIS insurance markets.
April 7, 2021
Dusit Thani Hotel, Dubai, United Arab Emirates
Organizer: BIZ Events Management
Media Partner: XPRIMM Publications
For details: http://insuretek.org/
Zurich, Switzerland
23-24 September 2021
Organizer: AIDA
Media Partner: XPRIMM Publications
For details: aidainsurance.org
