 TOP
NEWS |
 POLAND,
FY 2012: New challengers in the market rankings report outstanding
high growth rates
by daniela.ghetu@mxp.ro, 2013-03-27
The significant appreciation of the Polish currency in 2012 in relation
to the euro (~8%) pushed the y-o-y growth rates of the Polish insurance
market in the double digit territory, confirming the trend observed
after the first nine months of 2012. Thus, GWP amounted to EUR 15.32
billion, 18.4% up y-o-y. In national currency, the nominal growth
rate was of 9.6% y-o-y.
 More
 ROMANIA,
FY2012: Timid attempt to return to the upward trend
by alex.rosca@mxp.ro, 2013-03-27
After four consecutive years of decline, the insurance sector recorded
the first increase in late 2012. Of course, with only EUR 30 million
above the insurance business since 2011, we can only speak of a statistical
increase because the proper term to characterize the market evolution
last year could be 'stabilization'...
More  Продолжение
 ROMANIA:
In 2012, bodily injuries and death claims increased by 23% to RON
328 million
by andreea.ionete@mxp.ro, 2013-03-27
Although the number of people which died or suffered severe injuries
as a result of car accidents is currently decreasing, the MTPL paid
claims are increasing every year in Romania. "Both
the sums and the weight in total claims of the indemnities paid for
bodily injuries and death continued to increase in the past years,
and this tendency is expected to maintain in the future", stated Adrian MARIN, Member of the Managing Board, UNSAR (the Romanian Insurers
Association).
More Продолжение
 The
average paid claims/income ratio for car accidents' victims is four
times higher in Romania than in the EU
by andreea.ionete@mxp.ro,
vlad.boldijar@mxp.ro, 2013-03-27
In Romania, the average claim paid per person in case of death in
a car accident reaches EUR 41,000, according to data published in
the paperwork "Guide
for Solving moral claims", edited by FPVS - the Street Victims Protection Fund in Romania. This sum is
requested on average by 3.3 persons. Moreover, in case of bodily
injury, the average claim reaches EUR 5,200.
More Продолжение
 HUNGARY,
FY2012: Higher aggregate profitability despite the business volume
shrinking
by daniela.ghetu@mxp.ro, 2013-03-27
The Hungarian insurance market didn't succeed to maintain the upward
trend that seemed to emerge at the end of the first quarter of 2012.
Thus, in the next quarters the market volume continuously decreased
as compared with the correspondent periods of the previous year,
although the appreciation of about 6.5% of the Hungarian currency
in relation to the Euro somehow flattened the downward curve.
More
 MOLDOVA:
Insurers ended 2012 with a business volume of EUR 70 million
by vlad.boldijar@mxp.ro, 2013-03-27
For
the second year in a row, the Moldovan insurance market reported
a business volume exceeding MDL 1 billion. Thus, GWP amounted to
MDL 1.09 billion (EUR 69.9 million), an increase of over 8% compared
with December 2011, as shows the preliminary data gathered by the
market's supervisory authority. In European currency, the insurance
market grew by over 13%, statistically helped by the Moldovan currency
appreciation related to the euro.
More Продолжение
 ALLIANZ
SE acquires YAPI KREDI Sigorta, becoming the number 1 non-life insurer
in Turkey
by daniela.ghetu@mxp.ro, 2013-03-27
ALLIANZ SE has officially announced the acquisition of the Turkish
YAPI KREDI Sigorta, the 5th largest property and casualty insurer
in the country, including its subsidiary YAPI KREDI Emeklilik, the
life and pension business, ranked 4th. The deal also includes a 15-year
exclusive distribution agreement with the YAPI KREDI Bank. "The
transaction with YAPI KREDI is a unique opportunity to move into
a market-leading position in one of Europe's key growth markets," said Oliver BATE, member of the board of management of ALLIANZ SE.
More Продолжение
 GENERALI
2012: Operating result in excess of EUR 4.2 billion and total premiums
at EUR 70 billion
by daniela.ghetu@mxp.ro, 2013-03-27
Gross premiums written by the GENERALI's subsidiaries across the
Central and Eastern Europe region amounted to EUR 4.1 billion in
2012, of which EUR 1.7 billion for life insurance and EUR 2.4 billion
for the property & casualty
lines. The CEE business represented 4% of the Group's life insurance
GWP, while for the property & casualty insurance segment, the region's contribution to the overall GWP volume
was of 11%.
More Продолжение
 Serbia
- Kosovo: Expensive auto insurance for crossing the administrative
line
by lela.sakovic@mxp.ro, 2013-03-27
According to estimates from the Centre for Regionalism, the cost
of goods and passengers transfer across the administrative line between
Serbia and Kosovo, only in respect of insurance, amounts to about
EUR 35 million per year. This organization monitors the implementation
of the agreement on the freedom of movement between Belgrade and
Pristina, ratified in late 2011.
More Продолжение
 Retail
International Division improved all TALANX's key indicators in FY2012
by vlad.boldijar@mxp.ro, 2013-03-27
The gross premiums written by the Germany's third biggest insurer
TALANX increased by 13% in 2012 compared with the previous year,
up to EUR 26.7 billion. Net premiums earned also rose by 13 percent
to EUR 22.0 billion, while the Group net income went up by 22% y-o-y,
to EUR 630 million.
More
 TRIGLAV
- 2012 Advertiser of the Year in Slovenia
by daniela.ghetu@mxp.ro, 2013-03-27
For the second time in a row, Zavarovalnica TRIGLAV won the traditional
'Advertiser of the Year' award presented by the Slovenian Advertiser
Association (SAA). One of the key pleas put forward by the jury was
innovation in reaching target groups and the use of media, as well
as the contribution to the development of the advertising profession
and adherence to codes of professional self-regulation.
More
 Kazakhstan:
The unique insurance market turns into reality
by olesea.adonev@mxp.ro, 2013-03-27
After the three member states (Russia, Belarus and Kazakhstan) founded
the Customs Union in the Eurasian Economic Community, one necessity
arose: to unify the legislation of these three countries also with
regard to the insurance sector.
More Продолжение
 RUSSIA:
Higher concentration and less reinsurance companies - the main market
trends profile
by oleg.doronceanu@mxp.ro, olesea.adonev@mxp.ro,
2013-03-21
"The increase of the concentration degree and the reduction of the number of
companies carrying out exclusively reinsurance operations are among the most
important trends in the Russian reinsurance market", said at the opening of the International Reinsurance Conference in Moscow Ela
PLATONOV, Deputy Chairman of the Reinsurance Committee of the Russian Union of
Insurers.
More Продолжение
 RUSSIAN
insurers ceded more premiums to foreign reinsurers than to the domestic
undertakers
by oleg.doronceanu@mxp.ro, 2013-03-21
The Russian reinsurance market reached a 0.7% share of the global
reinsurance market, with a premium volume touching USD 1.4 billion,
said at the International Reinsurance Conference in Moscow Victor
NIKOLISKII, Deputy Managing Director, STANDARD & POOR'S.
More Продолжение
|
| ON
THE MOVE |
| PRESS
CUTTINGS |
|
| EDITORIAL |
 The
future begins ... yesterday
A new financial supervisory authority is under construction in Romania.
In the CIS countries, an interstate insurers' union was created with
the main purpose of improving the Eurasian Economic Community's insurance
markets coherence. New insurance laws are on their way to enforcement
in the countries of the ex-Yugoslavian space. Across the entire CEE
region sustained efforts are made to find legislative solutions to
keep under control the moral claims phenomenon. And all these are
only some facts picked up from today's news. The number of changes
in preparation is much higher. In this context, what can be said
about the future of the industry? Read
More
daniela.ghetu@mxp.ro
|
| EVENTS |
| INTERVIEW |
 Franz
FUCHS
Member of the Managing Board VIG
President of the Supervisory Council of ASIROM VIG
I think that when it comes to the MTPL business our objective is
the security of our insured because, if we are leaking money due
to highly insufficient premiums, sooner or later the financial solidity
of the insurance company will become questionable.
More Продолжение
|
| STATISTIC
UPDATES |
|
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
Organizer: Media XPRIMM
Media coverage: XPRIMM
Publications
For details: www.fiar.ro
AIIF - 2013 Azerbaijan International Insurance
Forum
June 20-21, 2013
Baku, Republic of Azerbaijan
Organizers: Azerbaijan Insurers
Association and Media XPRIMM
|
| POINT
OF VIEW |
 John
TURNER
Director Life & Health
SWISS Re
For a while now there has been additional legislation on planning
within the EU to bring together the remaining areas of anti-discrimination
legislation, the two key areas which for the insurance industry are
age and disability. It is clear to most stakeholders that the industry
will survive uni-gender pricing and benefits, even if few, if any,
policy holders will benefit, but the loss of age and disability (or
health, depending on how you define it) would have catastrophic consequences
for the private insurance industry.
More
|
| STATISTICS |
|
