 TOP
NEWS |
 VIG,
1Q2013: 5.2% improvement in the group's profitability
by daniela.ghetu@mxp.ro, andreea.ionete@mxp.ro,
2013-06-06
In the 1Q2013 VIENNA Insurance Group earned consolidated premiums
written of EUR 2.7 billion (-1.5% y-o-y), while the Group's profit
(before taxes) increased by 5.2%, to EUR 159.4 million. The share
of the CEE countries in the Group profit (before taxes) rose by 15.6
percent to a total of 51.5 percent.
 More  Продолжение
 PZU,
1Q2013: Sales boosted by life products; operating profit on the rise
by daniela.ghetu@mxp.ro, 2013-06-06
The PZU group ended the first quarter of 2013 with GWP of PLN 4.425
billion (~EUR 1.06 billion), 2.4% up y-o-y, of which PLN 2.4 billion
for non-life insurance (-4.6% y-o-y) and the remaining PLN 2.025
billion for life insurance (+12% y-o-y).
More
 RUSSIA,
FY2012: A significant growth
by olesea.adonev@mxp.ro, 2013-06-06
The Russian insurance market underwent serious changes in 2012, such
as witnessing a significant growth of the total insurance premiums
while the number of insurers has dropped. Still, the insurance penetration
in this country remains relatively low and currently a number of
initiatives are under way to help increase demand for insurance.
More Продолжение
 XPRIMM
Insurance Report FY2012: The 2008-2012 five-year closes in the black
for MTPL in CEE. Romania remains the third market in the region
by vlad.boldijar@mxp.ro, 2013-06-06
For the 16 states located in the Central and Eastern Europe region,
the MTPL segment represented EUR 5.7 billion at the end of last year,
4% more than in 2011 and 3% more than in 2008, according to the latest
edition of XPRIMM Insurance Report.
More Продолжение
 ARMENIA,
FY2012: Consolidation of insurance market continues
by olesea.adonev@mxp.ro, 2013-06-06
According to preliminary financial data provided by ArmInfo News
Agency, on December 31st 2012 gross written premiums recorded by
insurance companies totaled AMD 35 billion, up by 75.7%. This significant
growth was achieved due to the introduction of two mandatory insurance
lines in Armenia, MTPL and the mandatory medical insurance.
More Продолжение
 CZECH
Rep.: Jaroslav MLYNAR will become the new CEO of CESKA Pojistovna
by vlad.boldijar@mxp.ro, 2013-06-06
Jaroslav MLYNAR will become the new Chief Executive Officer of CESKA
Pojistovna (CP), as GENERALI PPF Group (GPH) recently announced.
He is replacing Pavel REHAK, who is leaving by his own decision on
31st May 2013, having resigned from all positions and offices.
More Продолжение
 UZBEKISTAN,
FY2012: Legislative changes contribute to the market's evolution?
by olesea.adonev@mxp.ro, 2013-06-06
The Uzbek insurance market ended 2012 with a total volume of gross
written premiums of UZS 285.9 billion (EUR 109 million), up by 28.9%
in national currency, as compared with the similar period of 2011,
according to the market data provided by Information-Rating Agency
SAIPRO.
More Продолжение
 XPRIMM
Insurance Report FY2012: Romania remains the third Motor Hull market
in CEE, despite the continuous decreases in the past 5 years
by vlad.boldijar@mxp.ro, 2013-06-06
At the end of last year, the Motor Hull segment totalized EUR 3.8
billion for the 16 countries forming the Central and Eastern Europe
region, according to statistics published in the latest issue of
XPRIMM Insurance Report.
More Продолжение
 MOLDOVA,
Q1/2013 preliminary results: The insurance market slackens to EUR
14.4 million
by oleg.doronceanu@mxp.ro, 2013-06-06
In the first three months of 2013, the 17 companies operating on
the Moldavian insurance market reported a gross written premiums
volume of MDL 232 million (EUR 14.4 million), a value similar to
the one reported in January-March 2012, according to preliminary
data published by CNPF - The National Commission for Financial Markets.
More Продолжение
 TRIGLAV
Group, 1Q13: Almost EUR 23 million in net profits
by vlad.boldijar@mxp.ro, 2013-06-06
In the first quarter of 2013, the estimated profit before tax for
the TRIGLAV Group amounted to EUR 28.5 million, while its net profit
equaled EUR 22.9 million or 30% more than in the previous year. In
the case of Zavarovalnica TRIGLAV - the Group's main company, the
profit before tax is estimated to total EUR 24.8 million, while the
net profit increased by 46% to EUR 20.0 million.
More Продолжение
 ALLIANZ-TIRIAC
reported a profit of EUR 1.45 million in Q1/2013, equivalent to the
one in FY2012
by andreea.ionete@mxp.ro, 2013-06-06
ALLIANZ-TIRIAC Asigurari ended the first quarter of 2013 with RON
241.5 million (EUR 55 million) in underwritings, 5% more than the
value reported for same period last year (RON 230 million). This
result was supported by both the non-life and life insurance segments.
More Продолжение
 GENERALI,
1Q2013: The best quarter of the last four years
by daniela.ghetu@mxp.ro, 2013-06-06
The GENERALI group closed the first quarter registering a good premium
income and strong business margins, which lifted its total operating
result to EUR 1,328 million (+8% y-o-y) and net profit to EUR 603
million (+6.3% y-o-y). Total GWP amounted to EUR 19.14 billion (-2.6%
y-o-y).
More Продолжение
 Slovenia's
SAVA Re Group Q1 net profit up by 111% y-o-y
by vlad.boldijar@mxp.ro, 2013-06-06
In the first quarter of 2013, SAVA Re Group generated a net profit
of EUR 7.8 million, which is the double of the amount reported for
1Q2012 (EUR 3.7 million). At the same time, the value of GWP suffered
a decline of 7% y-o-y to EUR 85.8 million.
More Продолжение
 MILLI
Re Tennis Tournament: a tradition unshadowed by the Istanbul riots
by vlad.boldijar@mxp.ro, 2013-06-06
Every year, for three days at the beginning of the summer season,
with the occasion of the MILLI Re's "International
Insurance Tennis Tournament", Istanbul becomes the meeting point of the most important actors on the international
and Turkish re/insurance markets. This year's Tennis Tournament overlays
though the biggest anti-government demonstrations Turkey has seen
in decades as in Istanbul and other major cities in the country,
tens of thousands of people went out in the streets and clashed violently
with riot police.
More Продолжение |
| OTHER
NEWS |
| PRESS
CUTTINGS |
|
| EDITORIAL |
 Waiting
for the Danube...
Following press releases stream on the results of the European insurance
groups in 1Q2013, I have noticed, among other similarities, the idea
that the quiet winter of 2012-2013, showing no significant weather
related events, contributed to a better financial result of the companies.
Well, in the half year interim reports, probably this idea will miss,
as the recent European floods may reverse the trend. Read
More
daniela.ghetu@mxp.ro
|
| INTERVIEW |
 Guy
HUDSON
Partner
JLT Re
The main reasons that some reinsurers are reducing or withdrawing
from the Romanian reinsurance market are: a) the worsening of results
in motor third party liability portfolios caused by heavy original
term competition, large moral damage awards and low original Insurance
Company retentions b) a belief that Romanian catastrophe programmes
are not as well rated as other catastrophe programmes that are available
on the international market c) concern over original property rates
d) a perceived increase in large property loss activity.
More
|
| STATISTIC
UPDATES |
| EVENTS |
Are
you interested in the insurance market of the Caucasus Region? Do
not miss AIIF 2013!
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 |
| POINT
OF VIEW |
 Fuad
KULIYEV
Chairman of the Management Board
AzRe
Being the only local reinsurer, AzRe plans to build a cat reinsurance
whole-market solution for the Azerbaijan market, as a response to
the new growing demand. The main advantages we have within the region
are our financial stability which is crucial in our business or any
other, our excellent claim payment ability and solid reputation.
More |
| STATISTICS |
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