 TOP
NEWS |
 CEE,
SEE, CIS - 1H2012: Ups and downs under the euro crisis pressure
by daniela.ghetu@mxp.ro, 2012-10-25
The 32 insurance markets reviewed by the current edition of XPRIMM
Insurance Report recorded a premium production of about EUR 36.7
billion in 1H2012, up by about 6% y-o-y, a meritorious result considering
they were once again challenged by the weak economic and uncertain
environment. The macroeconomic constraints translated into a generalized
governmental eagerness to cut public debt and budgetary deficits
which, in turn, brought further austerity measures resulting in a
prolonged decrease of the public and private spending, also meaning
lower corporate budgets and household allocations for insurance.
Voluntary non-life insurance lines and life insurance were the most
affected lines.
 More
 HUNGARY:
FoS insurers subjected to the new premium tax starting 2013
by daniela.ghetu@mxp.ro, 2012-10-25
The Hungarian government has approved the introduction of a new premium
tax which will come into force on 1 January 2013. According to the
global fiscal consulting company FiscalReps, the new tax applies
to gross premiums at the rate of 15% on comprehensive "Casco" policies
(EU classes 3 to 6) and 10% "accident and property" classes.
More
 Daniel
TUDOR was voted by the Parliament as President of ISC - the Romanian
Insurance Supervisory Commission
by andreea.ionete@mxp.ro, 2012-10-23
With 246 favorable votes in the assembled chambers of the Romanian
Parliament, Daniel TUDOR, approved for this position during the meeting
of the Reunited Commissions of Budget and Finance in the Senate and
Deputy Chamber held yesterday, was elected President of ISC - the
Romanian Insurance Supervisory Commission for the next 5 years.
More  Продолжение
 EUROPA
Re's value added services for the property catastrophe insurance
market in Romania
by andreea.ionete@mxp.ro, 2012-10-24
At the ICAR Forum held on 15 October, 2012, EUROPA Re's Head of Business Development,
Riccardo CICCOZZI, announced that by the end of 2013, Europa Reinsurance Facility
Ltd., a Swiss based catastrophe and weather risk insurance services provider
and reinsurance company in the process of formation, intends to offer a state
of the art Web-Based Production Platform (with its synchronized supporting applications)
to direct insurers in Romania.
More Продолжение
 BELARUS
Re: Growth of reinsurance profit by five times for the first 9 months
2012
by olesea.adonev@mxp.ro, 2012-10-25
The results of BELARUS Re for the first 9 months 2012 can be described
as positive compared to the same period a year ago. Thus, it should
be noted growth in reinsurance premiums for the following classes
of business: TPL insurance of shipping forwarder (243.1%), aviation
risk insurance (167.7%) and Cargo insurance (312.2%), commercial
property insurance (331.9%), CAR/EAR (4,906.8%), financial risk insurance
(160.5%) and Business interruption (175.9 %).
More Продолжение
 CROATIA,
3Q2012: GWP down by 1.7% according CIB
by vlad.boldijar@mxp.ro, 2012-10-24
In the first nine months of 2012, the 27 Croatian insurance companies
generated HRK 6.87 billion (EUR 921.8 million) in gross written premiums,
an 1.7% lower figure compared to the same period last year, as Croatian
Insurance Bureau (CIB) reported.
More Продолжение
 Bulgaria,
ambitious development for CertAsig
by oana.radu@mxp.ro, 2012-10-22
CertAsig
recently announced their intention to extend their underwriting activity
in the Bulgarian insurance market following pleasing success
in the Romanian and Turkish markets. This latest development involved
another enthralling seminar on 16 October, co-hosted with the Bulgarian
Embassy in Bucharest. The main topic of the session was construction
related insurance products, with a special focus on Bonds, Contractor's
All Risks (CAR) and other Engineering insurance products.
More Продолжение
 POLAND:
WARTA targets a 15% market share in the following years
by daniela.ghetu@mxp.ro, 2012-10-22
Polish insurer WARTA, recently acquired by the German group TALANX
and Japanese MEIJI YASUDA, eyes 15-17% market share in the next three-four
years after the merger with HDI insurer planned for early 2013, the
company's CEO Jaroslaw PARKOT told reporters.
More
 CYPRUS,
1H2012: The insurance market has slightly decreased
by vlad.boldijar@mxp.ro, 2012-10-24
The total volume of gross premiums written by the Insurance Association of Cyprus
(IAC) members amounted to EUR 420.50 million in 1H2012, representing a slight
decrease of 0.44% Y-o-Y.
More Продолжение
 AZERBAIJAN,
3Q2012: GWP exceed the 2011 insurers' premiums by 21%
by vlad.boldijar@mxp.ro, 2012-10-24
The total volume of gross written premiums collected by the insurance
companies during January-September 2012 amounted to EUR 252.4 million
(AZN 256.3 million), up 62.5% compared to 3Q2011, and 20.4% more
compared to FY 2011 (EUR 209.3 million), the State Insurance Supervision
Service under the Ministry of Finance of Republic Azerbaijan reported.
More Продолжение
 EUROINS,
3Q2012: Premiums up 40% Y/Y
by vlad.boldijar@mxp.ro, 2012-10-22
In the first nine months of 2012, the GWP of EUROINS Insurance Group
increased by 40%, up to EUR 110.5 million compared to EUR 70.3 million
in 3Q2011, according to preliminary data published by the Group.
More Продолжение |
| BADEN-BADEN
NEWS |
| PRESS
CUTTINGS |
|
| EDITORIAL |
 In
search for the right answer
The 2012 edition of the Baden Baden Meeting ends today.
Once again top professionals of the insurance and reinsurance markets
worldwide reunited in the German luxurious resort of Baden Baden.
Trends, estimations, analysis, opinions ... a strong wave of information
was released during the week, of which XPRIMM Publications captured
for you the most relevant pieces. As for a possible conclusion, please
read the present newsletter.
Read
More
daniela.ghetu@mxp.ro
|
| INTERVIEW |
 Dmitriy
GARMASH
Deputy CEO
UNITY Re Russia
We will enter 2013 with a new 20% shareholder, so that the key activities
will be targeted to adapt their outlook to our development plans.
Keeping the leading position in the market and continuing the promotion
within CIS and overseas territories are two other major targets for
us.
More
|
| STATISTIC
UPDATES |
| EVENTS |
"EU
Insurance regulations - from theory to practice via IT" - an event dedicated to the Romanian insurance market
On October 31st, ASSECO, KOFAX and DELOITTE will organize "EU
Insurance regulations - from theory to practice via IT", an event dedicated to the effects of Solvency II upon the Romanian insurance
companies and the role of the new IT solutions in preparing for the
implementation of this regulation.
More
|
|
WorldPensionSummit 2012
November 14th-16th, 2012
Amsterdam, Netherlands
Media Partner: XPRIMM Publications
For details: www.worldpensionsummit.com
EIOPA Conference
November 21st, 2012
Frankfurt
Organizer: EIOPA
|
| DOWNLOAD |
| POINT
OF VIEW |
 Marina
SHIPOVALOVA
General Director
INTERCONSULT Info
Kazakhstan
The insurance market has continued to grow in 2012. In my opinion,
the positive trend will continue and most likely, the market will
show an increase up to 25%, but the quality of this growth depends
on very unstable factors.
More Продолжение
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| STATISTICS |
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