 TOP
NEWS |
 PZU
Group acquires RSA's assets in Poland and the Baltic states
by daniela.ghetu@mxp.ro, 2014-04-17
On April 17th, the Polish Group PZU has closed an agreement with
RSA regarding the acquisition of RSA' s insurance companies in Poland
and the Baltics: Link4 Insurance Company, the Polish direct insurance
market leader and Lietuvos Draudimas AB (Lithuania), AAS Balta (Latvia)
and Codan Forsikring (Estonia). The total value of the transaction
is aprox. EUR 360 million. Transactions are subject to regulatory
approval and the relevant antitrust authorities' consent and, according
to the schedule, should be finalized by the end of 2014.
 More  ПроÐ?олженÐ?е
 UKRAINE:
Despite the political and economical instability the market grew
by 33.26% in local currency
by olesea.adonev@mxp.ro, 2014-04-24
In 2013 Ukraine insurance market's premium production totaled UAH
28.6 billion (EUR 2.5 billion), 33.26% more in local currency comparing
with 2012, according to the figures presented by the local financial
authority and Insurance Top Magazine. Claims paid by the insurance
companies in the same period have decreased to UAH 4.6 billion, 9.69%
less y-o-y.
More ПроÐ?олженÐ?е
 UKRAINE:
AXA, GLOBUS VIG, TEKOM, VUSO and PERVAYA stopped their operations
in Crimea
by alina.ciobanu@mxp.ro, 2014-04-24
The difficult situation in Crimea has determined several insurance
companies - members of the important groups, such as AXA or VIG and
local companies as TEKOM, VUSO and PERVAYA - to cease their activity
in the peninsula.
More ПроÐ?олженÐ?е |
 TURKEY:
The national cat pool EUR 17 million "poorer" following the new funds' deposit rules
by daniela.ghetu@mxp.ro, 2014-04-24
The recently imposed regulation forcing unemployment and catastrophe
insurance funds to be deposited only in state banks has resulted
in a significant decrease of the financial gains of the two entities
due to a drop in interest rates in the absence of competition, sources
quoted by Balkans.com have said.
More ПроÐ?олженÐ?е
 BARENTS
Re eyes Middle East and the South and East European regions
by daniela.ghetu@mxp.ro, 2014-04-24
Panama-based reinsurer BARENTS Re will use the USD100 million capital
infusion received at the end of 2013 to support its international
expansion, especially in Europe, the company said. In fact, the Eastern
Europe and the CIS countries are among the most interesting targets
for BARENTS Re, as Gerardo GARCIA, Chief Underwriting Officer of
the company recently stated in an interview with Global Reinsurer.
More ПроÐ?олженÐ?е
 Okan
UTKUERI is the new head of GUY CARPENTER's Turkish operations
by vlad.boldijar@mxp.ro, 2014-04-24
GUY CARPENTER - the leading global risk and reinsurance specialist
and member of MARSH & McLennan
Companies - announced the appointment of Okan UTKUERI as Managing
Director and head of the firm's operations in Turkey. Based in Istanbul,
UTKUERI will be responsible for all of the firm's activities in the
region and will report to Massimo REINA, the broker's CEO for Continental
Europe & MENA.
More ПроÐ?олженÐ?е
 MOLDOVA,
FY2013: The insurance market increased by 9.89%
by alina.ciobanu@mxp.ro, 2014-04-24
The Moldavian insurance market remained on a positive trend last
year, with a GWP increase of 9.89% to MDL 1.2 billion (EUR 71.6 million),
compared with MDL 1.09 billion (EUR 70 million) in 2012, according
to the official figures published by the National Commission for
Financial Markets of the Republic of Moldova (NCFM).
More ПроÐ?олженÐ?е |
 KYRGYZSTAN:
Public trust in insurance companies has increased
by olesea.adonev@mxp.ro, 2014-04-24
According to the data of Kyrgyz Financial Supervisory Commission
(FSC), in 2013 total premium written by the local insurance companies
amounted to KGS 967.8 million (EUR 14.29 million) which is 15.2%,
more, in local currency, than in the previous year, when insurance
premiums totaled KGS 840.10 million or EUR 13.41 million. Growth
of insurance premiums suggests that population's trust in insurance
companies have increased.
More ПроÐ?олженÐ?е
 VIG
Re delivers stable results despite the severe flood losses in the
summer of 2013
by vlad.boldijar@mxp.ro, 2014-04-24
The Prague-based reinsurer VIG Re, reported for the financial year
2013 a EUR 58 million y-o-y decline in premiums written, while in
profit-loss account, the company posted a EUR 18.4 million pre-tax
profit compared to EUR 24.3 million in 2012.
More ПроÐ?олженÐ?е
 EUROHOLD
Q1 premiums falls 11% while car sales up 121%
by vlad.boldijar@mxp.ro, 2014-04-24
The Bulgarian insurance group EUROINS (EIG) - member of EUROHOLD,
reported for the first quarter 2014 an 11% decline of gross written
premiums (GWP) to EUR 36.4 million, according to preliminary data
published by the group. At the same time, the automotive division
- AVTO UNION, registered above 121% growth with 980 sales of new
PC and LCV compared to 443 units for the same period in 2013.
More ПроÐ?олженÐ?е
 Madrid: "International
Forum Bancassurance" to analyze the keys to success and prospects for Bancassurance
by daniela.ghetu@mxp.ro, 2014-04-24
Which are the keys to success and the most efficent strategies for
Bancassurance in different markets? What is your relationship with
customers? How to apply governance criteria in the distribution of
insurance products through banks in order to achieve sustainable
results? What training and training equipment must have the ones
who sell insurance through bank networks? These are some of the questions
that the first edition of "International
Bancassurance Forum", organized by INESE and Community of Insurance, in Madrid, June 5, will attempt
to answer.
More ПроÐ?олженÐ?е
 AZERBAIJAN:
New capital requirements push insurers on the stock exchange ring
by daniela.ghetu@mxp.ro, 2014-04-24
Following the new capital requirements' implementation in the insurance
sector, some of the Azeri insurers must achieve a substantial increase
in capital. In this context, several companies went on the stock
exchange to place their newly issued shares packages.
More ПроÐ?олженÐ?е |
| PRESS
CUTTINGS |
|
| EDITORIAL |
 The
right lessons in conduct
Under the pressure of the ever closer enforcement
of the new European insurance directives in prevention, discussions
about transparency, fair sales practices, solvency, customer's
protection, risk control etc. were repeated to the point of becoming
trivial in recent years.
More
|
| INTERVIEW |
 Tomas
SIKORA
Executiv Director
Czech Insurance Association (CAP)
Although the insurance market at the end of 2013 did not produce
negative figures, we don't expect it to react to the incipient economic
recovery this year. General forecasts for 2014 suggest a slight recovery
of the economy and a slight increase in the wage bill sector, but
we do not expect a radical change in the purchasing behavior of individuals
and firms. Full recovery of the insurance market can be most probably
anticipated in 2015.
More
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| STATISTIC
UPDATES |
| EVENTS |
|
7th Tashkent International Conference on Insurance
and Reinsurance
May 19-23, 2014
Taskent, Uzbekistan
Organizer: SAIPRO
Media Partner: XPRIMM Publications
For details: www.saipro.uz
FIAR 2014 - The International Insurance - Reinsurance
Forum
May 25-29, 2014
Brasov, Romania
Organizer: Media XPRIMM
Media coverage: XPRIMM
Publications
For more details: www.fiar.ro
International Bancassurance Forum
June 5, 2014
Madrid, Spain
Organizer: INESE and Community
of Insurance
Media Partner: XPRIMM Publications
Russian Insurance Summit 2014
June 5-6, 2014
Moscow, Russia
Ritz-Carlton Hotel
Organizer: All-Russian Insurance
Association (ARIA)
Media Partner: XPRIMM Publications
For details: www.insuranceconference.ru
2nd Annual Bancassurance Forum 2014
June 5-6, 2014
Budapest, Hungary
Organizer: Global Leading Conferences
Media Partner: XPRIMM Publications
For details: globalleadingconferences.com
4th Annual Africa Insurance & Reinsurance
Conference - AIRC 2014
June 10-11, 2014
Nairobi, Kenya
Media Partner: XPRIMM Publications
For details: aidembs.com |
|
AIIF - 2014 Azerbaijan International Insurance
Forum
June 19-20, 2014
Baku, Republic of Azerbaijan
4th Annual Risk Management Forum 2014
September 11-12, 2014
Vienna, Austria
Media Partner: XPRIMM Publications
Organizer: Global Leading Conferences
For details: globalleadingconferences.com
Les Rendez-vous de Septembre 2014
September 13-18, 2014
Monte Carlo, Monaco
For details: www.rvs-monte-carlo.com
Baden Baden XPRIMM Reception
October 19, 2014
Baden Baden, Germany
Organizer: Media XPRIMM
Azeri Evening - Baden Baden
October 19, 2014
Baden Baden, Germany
Organizer: Azerbaijan Insurers
Association
Turkish Evening - Baden Baden
October 21, 2014
Baden Baden, Germany
Organizer: Instanbul Underwriting
Center
Baden Baden Meetings 2014
October 19-23, 2014
Baden Baden, Germany
For details: badendirectory.com |
| STATISTICS |
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