 TOP
NEWS |
 The
first statistical report on 30 motor insurance markets to be
launched at IIF 2013 - Istanbul
by andreea.ionete@mxp.ro, 2013-02-28
XRPIMM Group will publish a new magazine - XPRIMM Motor Insurance
Report - CEE, Turkey & CIS
- the first European specialized publication dedicated to the motor
insurance markets in 30 countries. The magazine will be officially
launched on Monday, March 4, during the "Motor insurance - the road towards profitability" conference in Istanbul. The publication includes a wide array of statistical
data regarding the motor insurance segment, presented both regionally
and separately for each country, for 2011 and the first half of 2012.
More
 The
first increase of the Romanian insurance market since the crisis
has set in
by vlad.boldijar@mxp.ro, 2013-02-28
In 2012, the insurance companies activating on the Romanian market
reported business of approximately RON 8.5 billion (the equivalent
of EUR 1.9 billion), increasing by RON 560 million in absolute value
compared to 2011, according to preliminary data published by INSURANCE
Profile. This is the first annual increase of the Romanian insurance
market after the beginning of the financial crisis. The market had
reached a maximum historical value of RON 8.94 billion (EUR 2.44
billion) in 2008 and it decreased to RON 8.87 billion (EUR 2.09 billion)
in 2009, RON 8.3 billion (EUR 1.97 billion) - 2010 and RON 7.8 billion
(EUR 1.8 billion) in 2011.
More
 ALLIANZ:
Constant profitability level in CEE, despite the weak economic development
across the region
by daniela.ghetu@mxp.ro, 2013-02-28
EUR 3.7 billion in revenues and EUR 296 million operating profit:
these are the main coordinates of the ALLIANZ results for 2012 in
Central and Eastern Europe, where the German insurer in active on
the markets of Bulgaria, Croatia, Czech Republic, Hungary, Poland,
Romania, Russia, Slovakia and Ukraine. The 2012 results are in line
with those of the previous year and with the Group's expectations, "especially
considering the slow growth and the economic dependency of CEE on
Western Europe," as Manuel BAUER, Member of the Board of Management of ALLIANZ SE commented.
More
 MARSH & MCLENNAN
FY2012: Net income up 18% y-o-y to USD 1.17 billion
by vlad.boldijar@mxp.ro, 2013-02-26
MARSH & MCLENNAN Companies reported for the fourth
quarter 2012 a net income of USD 259 million, representing a 1.2%
increase y-o-y. For the full year 2012, the same indicator was USD
1.17 billion, up by 18.4%, from USD 993 million reported for the
FY2011.The consolidated revenue in 4Q2012 stood at USD 3 billion,
representing an increase of 3.2% as compared with 4Q2011. For the
FY2012, the total revenue was USD 11.92 billion, up by 3.5% y-o-y.
More
 RUSSIA:
Life insurance companies in Russia earned USD 1.8 billion in 2012
by oleg.doronceanu@mxp.ro, 2013-02-28
The life insurance market in Russia has increased by 50% over the
past year, reaching USD 1.8 billion, as announced by the local Association
of Insurance Companies. Over 57% of the contracts signed during 2012
account for insurance policies associated with bank loans. A percentage
set between 60-90% of written premiums for these policies represents
bank fees, while the majority of sales came from employees, a factor
that allows the insured to negotiate their own terms.
More
 Steady
performance in turbulent times for CROATIA Osiguranje
by vlad.boldijar@mxp.ro, 2013-02-28
CROATIA Osiguranje Group, one of the largest and oldest insurance
firm in the Balkans, reported for the financial year 2012 a net profit
of HRK 110.3 million (EUR 14.6 million) which is an increase of 0.6%
y-o-y. The value of gross written premium amounted to HRK 3.16 billion
(EUR 419 million), down 2.5% from the year before.
More
 The
outland business of ten Romanian insurers amounted to EUR 85 million
in 2012
by vlad.boldijar@mxp.ro, 2013-02-28
In 2012, ten Romanian insurance companies reported a total underwritings
volume of RON 379 million (EUR 85 million) across the border, representing
4.5% of the Romanian insurance market, according to the preliminary
results published by INSURANCE Profile. The value increased by RON
100 million (EUR 22.4 million) as compared with 2011.
More
 AZERBAIJAN:
Automated bonus-malus system for MTPL clients
by dimitrios.tsoulias@mxp.ro, 2013-02-28
The Compulsory Insurance Bureau in Azerbaijan announced the elimination
of manual entry of the historic of claims in MTPL. Thus, the application
of penalty or bonus points for vehicle owners in Azerbaijan will
be automated.
More
 RUSSIA:
9% growth for TRANSSIB Re in 2012
by oleg.doronceanu@mxp.ro, 2013-02-28
TRANSSIB Re, one of the top reinsurers from Russia and the CIS region,
posted EUR 17.5 million in reinsurance premiums over the past year,
according to a press release published by the company. The reinsurer's
net reported premiums have reached a value of EUR 13 million, 9%
more than in 2011 amid growing retention capacity and lower volume
of crediting.
More
 GREECE
FY 2012: Safe investments lead to losses
by dimitrios.tsoulias@mxp.ro, 2013-02-26
With the total GWP reaching EUR 4.3 billion and a 10.71% drop in
comparison with the previous year, one can say that the market is
in serious trouble also for 2013. The total non-life gross written
premiums reached EUR 2.37 billion. From EUR 2.69 billion in 2011
the fall stopped at 11.76%.
More
 SLOVAKIA,
3Q2012: Insurance market down by 0.7% to EUR 1.58 billion
by vlad.boldijar@mxp.ro, 2013-02-26
The Slovak insurance market continued to slow down in January-September
2012, the total GWP realized by the local insurance companies totaling
EUR 1.58 billion, down by 0.67% y-o-y, according to the financial
figures published by the Slovak Insurers Association - SLASPO.
More
 TURKEY:
Motor insurance lead the way in 2012
by dimitrios.tsoulias@mxp.ro, 2013-02-26
With motor insurance lines working as a locomotive, the Turkish insurance
market will set the course for even higher picks in 2013. The total
GWP for the year 2012 was EUR 8.41 billion, a change by 20.36% in
comparison with 2011, according with the data published by the Association
of Insurance companies in Turkey.
More
|
| OTHER
NEWS |
| PRESS
CUTTINGS |
|
| EDITORIAL |
 The
first step
There are only three days to go until the starting date of the International
Insurance Forum 2013 in Istanbul. Focusing on the motor insurance
issues, the event will offer to its participants the opportunity
of being the first readers of a new editorial premiere: the XPRIMM
MOTOR INSURANCE REPORT, containing the most relevant information
regarding the motor insurance business of 30 emerging markets from
the CEE, RUSSIA&CIS
and SEE regions.
Read
More
daniela.ghetu@mxp.ro
|
| EVENTS |
| INTERVIEW |
 Guy
HUDSON
Partner
JLT Re
Reinsurers that protect Insurance Companies in CEE on an excess of
loss basis are extremely concerned about the rising bodily injury
claims since, once the Insurers retention has been exhausted on one
claim "event",
all further claims burden falls to the reinsurers and, in certain
countries these can be claims without limitation.
More
|
| STATISTIC
UPDATES |
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International Conference on Agricultural Insurance,
Reinsurance and Brokerage on CIS, Europe & Asia
March 4th-6th, 2013
InterContinental Hotel
Kyiv, Ukraine
Organizer: AgroInsurance International
General Media Partner: XPRIMM
Publications
For details: www.agroinsconf.com
Russian Reinsurance Conference
March 19-20, 2013
President Hotel
Moscow, Russia
Organizers: All-Russian Insurance
Association & Group "DELOVOY Format"
Media Partner: XPRIMM Publications
- Insurance&Pensions
For details: www.re-conference.ru
VII International Conference "Insurance
in Central Asia"
April 11-12, 2013
Holiday Inn Hotel
Almaty, Kazakhstan
Organizer: INTERCONSULT Info
Media Partner: XPRIMM Publications
- Insurance&Pensions
For details: www.allinsurance.kz
IX Annual International Risk Management Conference
April 18-19, 2013
Almaty, Kazakhstan
Organizer: EURASIA Insurance
Company
Media Partner: XPRIMM Publications
- Insurance&Pensions
For details: www.IRMC.kz
VI Tashkent International Investment Financial
Forum (TIIF 2013)
April 24-28, 2013
Tashkent, Republic of Uzbekistan
Organizer: SAIPRO
Media Partner: XPRIMM Publications
- Insurance&Pensions
For details: www.saipro.uz
FIAR 2013 - The International Insurance - Reinsurance
Forum
May 19-23, 2013
Sinaia, Romania
Organizer: Media XPRIMM
Media coverage: XPRIMM
Publications
For details: www.fiar.ro
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| STATISTICS |
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