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NEWS |
 9
Conferences and Workshops at FIAR 2013
by oana.radu@mxp.ro, 2013-04-25
The
16th edition of FIAR - International Insurance-Reinsurance Forum,
taking place in Sinaia, Romania, will officially begin in less than
a month. This year's edition will include a series of surprises regarding
the events' Conferences and Workshops debating on the most important
issues affecting the re/insurance companies.
 More  Продолжение
 The
ASF Council starting the integrated financial supervision in Romania
by andreea.ionete@mxp.ro, 2013-04-25
On the 24th of April, the Romanian Parliament ratified, in the common
assembly of the two Chambers, the management of ASF - the Financial
Supervisory Authority. The new structure will begin its activity
in May and it will take over the attributions and functions of CNVM
- the Romanian National Securities Commission, CSA - the Insurance
Supervisory Commission and CSSPP - The Private Pension System Supervisory
Commission, authorities that will be dissolved.
More
 Are
you interested in the insurance market of the Caucasus Region? Do
not miss AIIF 2013!
by olesea.adonev@mxp.ro, alina.ciobanu@mxp.ro
2013-04-25
Join the event that sets the trends and the new business lines on
the insurance markets of the Caucasus Region. You can register now
for the IV Azerbaijan International Insurance Forum (AIIF 2013),
an important event in the insurance industry's calendar that brings
together international audiences to showcase the opportunities and
challenges facing industry practitioners. The event takes place in
Baku, Republic of Azerbaijan between 20th - 21st of June 2013.
More Продолжение
 Sergei
SARKISOV: A unique financial market will be created for Russia, Belarus
and Kazakhstan
by oleg.doronceanu@mxp.ro, 2013-04-15
The unique economic market for Russia, Belarus and Kazakhstan must
be functional until 2019, according to the authorities' plan. In
this same period of time, various aspects connected to the unique
financial market will also be unified, said Sergei SARKISOV, the
President of the Congress of Eurasian Insurance Companies - EUROASIAN
Insurance Union, during the Insurance Conference in Central Asia.
More Продолжение
 CYPRUS,
FY 2012: Current economic status drives insurance companies over
the cliff
by dimitrios.tsoulias@mxp.ro, 2013-04-25
According to data published by The Insurance Association of Cyprus,
the 2012 total amount of GWP reached EUR 819.06 million - 2.65% less
compared with the same period in 2011.
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 FYROM,
FY 2012: Life and property, the 2012 stars of the insurance market
by daniela.ghetu@mxp.ro, 2013-04-25
An almost 3% growth in GWP, to EUR 113.95 million, driven by the
positive development of the property insurance and life insurance
lines - these are the main 2012 coordinates of one of the smallest
CEE markets, FYROM. According to data provided by the supervising
authority, the main growth factors were: introduction of new innovative
products, enlargement of the risk coverage, development of alternative
distribution channels and broader insurance awareness of the potential
policy holders.
More Продолжение
 SLOVENIA,
FY 2012: Unit-Linked products push down the market figures
by daniela.ghetu@mxp.ro, 2013-04-25
The Slovenian insurance market ended 2012 with a 2.6% decrease in
written premiums, to EUR 2.03 billion, while the amount of paid claims
grew by 7.6%, to 1.38 billion. The unit-linked life insurance line
was the main driver of this negative evolution, recording a 14.9%
decrease in GWP and an almost 54% augmentation of the paid indemnities
volume. Moreover, the life insurance weight in the market portfolio
decreased by 2pp, to 28.45%.
More Продолжение
 LATVIA:
One month after its UK operations ban, BALVA's license temporarily
suspended
by daniela.ghetu@mxp.ro, 2013-04-25
A note published on the Latvian Financial and Capital Market Commission's
website informs that FCMC decided to temporarily suspend, starting
16 April 2013, all operating licenses issued to the insurance joint
stock company BALVA. The decision was made because of infringements
of the law established in the activities of IJSC BALVA. According
to the FCMC decision, the company will continue to fulfil the terms
of contracts entered into with existing customers; however, it is
not permitted to enter into new insurance contracts, to increase
the insured sums or prolong the insurance contracts.
More Продолжение
 AZERBAIJAN:
15% of the buildings are insured through mandatory insurance
by oleg.doronceanu@mxp.ro, 2013-04-15
In 2012, the mandatory property insurance coverage in Azerbaijan
reached 15%, Orkhan BAYRAMOV, President of the Azerbaijan Insurers
Association, declared during the international insurance conference
in Alma-Ata. The obligation to insure the buildings owned by natural
and legal persons, including those owned by the State, was introduced
in the legislation a year ago. Until now, this insurance segment
reached EUR 11 million in underwritings.
More Продолжение
 UZBEKISTAN:
How will the legislative changes contribute to the market's evolution?
by alina.ciobanu@mxp.ro, 2013-04-25
In March 2013, the authorities in Uzbekistan discussed the insurance
draft law regarding the necessary amendments in order to allow the
authorized State organizations to participate in the capital of insurance
companies that are strategically important to the country.
More Продолжение
 AZERBAIJAN
could become a member of the Green Card system in 2014-2015
by olesea.adonev@mxp.ro, 2013-04-25
The Ministry of Finance and the Compulsory Insurance Bureau in Azerbaijan
(CIB) finished the first steps necessary for making Azerbaijan part
of the Green Card System, according to the news portal Forinsurer. "During
this past year, we studied, together with the Ministry of Finance,
the way the entire system works and the conditions necessary to become
a member"," said Elkhan GULIYEV, Executive Director, Compulsory Insurance Bureau in Azerbaijan,
in an interview for the local press.
More Продолжение
 ARMENIA
is not ready for the compulsory health insurance
by olesea.adonev@mxp.ro, 2013-04-25
Vache GABRIELYAN, the Armenian Minister of Finance, affirms that
Armenia is not yet ready for the compulsory health insurance, thus
explaining the reason for postponing the introduction of this type
of insurance, planned for 2013, according to the news portal ArmInfo.
More Продолжение |
| PRESS
CUTTINGS |
|
| EDITORIAL |
 What
if ...
After five years of crisis, the CEE insurance market managed to get
in 2012 back to the 2008 level of gross written premiums. This is
the first conclusion drawn from the 2012 figures that we have gathered
for the forthcoming issue of XPRIMM Insurance Report - CEE, SEE & CIS.
For a region whose markets were booming at the crisis' onset, this
seemingly positive news hides in fact a painful reality: 5 years
of delay on the development road. What if ... the crisis had not
existed? Read More
daniela.ghetu@mxp.ro
|
| INTERVIEW |
 Klime
POPOSKI, Phd
President of the Council of Expert Insurance Supervisory Agency
Macedonia
In 2013 we expect stability on the Macedonian insurance market with
indicators for its further development and improvement.
In the non-life insurance segment we expect a slight growth, while
in the life-insurance one we expect the trend of two-digit growths
to continue.
Also, as a result of the adoption of the Law on Voluntary Insurance
in 2012 by the Ministry of Health, we expect a development of the
health insurance market because the insurance undertakings will sell
policies for the voluntary health insurance.
More
|
| STATISTIC
UPDATES |
| EVENTS |
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
See
the full Forum's program here
Organizer: Media XPRIMM
Media coverage: XPRIMM
Publications
For details: www.fiar.ro
June 20-21, 2013
Baku, Republic of Azerbaijan
Organizers: Azerbaijan Insurers
Association and Media XPRIMM
More Продолжение |
| POINT
OF VIEW |
 Denis
TUR
Head of the International Reinsurance Department
BELARUS RE
One of the tasks for Belarus Re is to acquire the status of regional
reinsurer. At present, our company is dynamically developing an international
reinsurance segment, where BELARUS Re faces a fierce competition
and other phenomena specific to the global reinsurance market.
More Продолжение |
| STATISTICS |
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