 TOP
NEWS |
Property
insurance in the CEE: How far is it from achieving the region's
potential?
by daniela.ghetu@mxp.ro, 2014-09-04
According to the 2011 Census statistical data, the Central and South
East European region houses 75 million homes. All in all, in 2013,
the GWP in the region for the "fire
and allied perils" insurance amounted to about EUR 4.2 billion, 15% of the total non-life premium
production, leaving room for significant growth opportunities.
 More
European
insurance investments up 3.2% to €8.5 trillion in 2013, but future
investment under threat
by mihai.cracea@mxp.ro, 2014-09-01
Insurers' investments in the European economy continued to grow during
2013. Concerns remain, however, about how the Solvency II directive
will affect their ability to continue as Europe's largest long-term
stable investors, according to Insurance Europe, the European insurance
and reinsurance federation.
More  Продолжение
ASTRA
Asigurari's GWP dropped by one third in the first half. Profit reached
EUR 3.63 million
by mihai.cracea@mxp.ro, 2014-09-04
The gross written premiums of ASTRA Asigurari, the second largest
company on the Romanian insurance market, dropped by 33% in the first
half of the year, to ~EUR 91,5 million, while the profit reached
EUR 3.63 million, according to the preliminary results published
by KPMG advisory, the company's administrator.
More
 PZU
Group, 1H2014: Increasing profitability despite slightly lower GWP
production
by daniela.ghetu@mxp.ro, 2014-09-04
The PZU Group ended 1H2014 with a net profit of PLN 1,720.7 million
(EUR 413.6 million), 2.6% up y-o-y, mostly as a result of the preservation
of profitability in the insurance business and growth of the net
income from investments.During the analyzed period, the result from
investment operations amounted to PLN 1,357.8 million, a y-o-y rise
of 40.1%.
More
Flood
risk management in the context of climate change - under debate at
ICAR 2014
by oleg.doronceanu@mxp.ro, 2014-09-04
The severe damages (economic and insured) caused by the recent floods
and possible solutions in this regard will be once again on the agenda
of the 11th Edition of the International Catastrophic Risks Forum
- ICAR 2014, which will take place on October 8th, 2014, at the Palace
of Parliament in Bucharest.
More
 TRIGLAV
Group 1H2014: 23.3% growth in net
by daniela.ghetu@mxp.ro, 2014-09-04
TRIGLAV Group and the parent company performed well in 1H2014, maintaining
a high level of financial stability, as confirmed by "A-" credit
ratings from Standard & Poor's and A.M. Best. Slovenian group's net profit increased, amounting to EUR
56.3 million, while earned premiums totaled EUR 487.8 million.
More Продолжение |
STATISTICS: CROATIA
1H2014: The market leader was responsible for almost 70% of the
overall market decrease
by daniela.ghetu@mxp.ro, 2014-09-04
Croatian insurers reported for 1H2014 a GWP volume of EUR 618 million,
down by 6.3% y-o-y. Almost 70% of the negative difference in volume
was generated by the falling business volume of the market leader,
CROATIA Osiguranje which ended 1H2014 with 13% y-o-y decease in GWP,
to EUR 188 million.
More Продолжение
STATISTICS: BOSNIA,
1H2014: Spring floods tripled the claims paid for property insurance
by daniela.ghetu@mxp.ro, 2014-09-04
The Bosnian insurance market remained on track during the first half
of 2014 and reported GWP of EUR 144.8 million, 9.2% up y-o-y. On
the other hand, insurers' balance was significantly affected by the
damage caused by catastrophic flooding during this spring as the
paid claims volume rose by about 27%, up to EUR 61 million.
More Продолжение
STATISTICS: MACEDONIA
1H2014: MTPL and damages to property insurance lines are generating
60% of the market
by daniela.ghetu@mxp.ro, 2014-09-04
With a total GWP volume of EUR 64.5 million, the Macedonian insurance
market recorded, in 1H2014, a 9.7% y-o-y growth rate. Life insurance
showed the highest y-o-y growth rate, of almost 20%, but still holds
a modest share in the market portfolio (9.7%, up ~1pp y-o-y).
More Продолжение
STATISTICS: SERBIA
1H2014: Life insurance and MTPL carried the market
by daniela.ghetu@mxp.ro, 2014-09-04
First half of 2014 ended for the Serbian insurance market with a
2.74% growth in GWP, to EUR 306.5 million, a result slightly affected
by the currency evolution (4.19% growth rate in local currency).
The absolute driver of the market's growth was the life insurance
segment which recorded a 17.6% increase in premiums.
More Продолжение
STATISTICS: UKRAINE,
1H2014: 4,8 % decrease in GWP
by alina.ciobanu@mxp.ro, 2014-09-04
Gross written premiums volume reported by the Ukrainian insurers
in 1H2014 amounted to UAH 13.6 billion, 4.8% less y-o-y. Due to the
54.5 % depreciation of the local currency, Hryvnia, in relation with
Euro, the figures denominated in European currency show a lower rate
by 38.41%, to EUR 845.39 million.
More Продолжение
STATISTICS: BELARUS,
1H2014: Negative trend on the market driven by 16.46% increase of
insurance payments and only +7,6% in GWP
by alina.ciobanu@mxp.ro, 2014-09-04
In the first half of this year, the total value of claims paid by
the Belarusian insurance companies increased by 16.46% compared with
the first half of 2013, while premiums increased by only 7.6%. The
level of insurance payments in the total amount of insurance premiums
increased from 38.5% in the first half of 2013 to 43.6%.
More Продолжение
|
 SAVA
Re reached over 60% of annual GWP targeted and more than 50%
of planned net profit in H1
by vlad.boldijar@mxp.ro, 2014-09-04
Slovenian SAVA Re Group said during January-June 2014 it realized
60.3% of the budgeted annual consolidated gross premiums written
(of EUR 445 million), while the consolidated net profit reached 53.3%
of the planned full-year profit target (of EUR 24 million).
More
UNIQA's
H1 net profit declines to EUR 125.7 million
by vlad.boldijar@mxp.ro, 2014-09-04
UNIGA Group Austria reported for the first six months of the current
year, gross written premiums of EUR 3.13 billion, up 2% y-o-y. The
Vienna based insurer generated a profit on ordinary activities (EBT)
of EUR 181.4 million (-7.7% y-o-y), while the net profit for the
period amounted to EUR 125.7 million (vs. EUR 152.9 million in 1H2013).
More Продолжение
VIG
posts stable premiums and pretax profit of EUR 291 million in H1
by vlad.boldijar@mxp.ro, 2014-09-04
VIENNA Insurance Group announced its 1H2014 pretax profit increased
41.4% y-o-y to EUR 290.9 million, while the value of premiums remained
stable at around EUR 5.0 billion. "Around
55% of these profits were in the CEE region, where also the Romanian
Group companies further improved their performance", the Austrian group noted in a press release.
More Продолжение
Turkmenistan
launches the entities to supervise the privatization of state property
by daniela.ghetu@mxp.ro, 2014-09-04
Turkmen President Gurbanguly BERDIMUHAMEDOV signed a decree on the
establishment of relevant interdepartmental central committee at
the Ministry of Economy and Development of Turkmenistan for the execution
of the law "On
denationalization and privatization of state property", TREND News Agency reported on August 1st.
More Продолжение
|
| EVENTS |
The
International Conference of Agents and Brokers in the Insurance
Sector takes place at the end of September in Slovenia
by adina.tudor@mxp.ro, 2014-09-04
Are you an insurance agent or broker? Do you represent an insurance
company, a bank or an institution that deals directly or indirectly
with insurance? Become more familiar with the upcoming changes regarding
insurance services activities in EU Member States by participating
at the International Conference of Agents and Brokers in the Insurance
Sector (ICABI). XPRIMM Publications support the event as Media Partner.
More
Want
to know more about risk models and scenario analysis?
by adina.tudor@mxp.ro, 2014-09-04
Ever since the financial crisis, the main financial institutions
realized how essential it is to plan out various strategies against
various adverse events. The 4th Annual Risk Management Forum, which
takes place between September 11th and 12th in Vienna, Austria, tackles
the newest and most relevant regulatory changes focusing on Europe
regarding risk management. XPRIMM Publications support the event
as Media Partner.
More
|
| PRESS
CUTTINGS |
|
| UPCOMING
EVENT |
VISIT OUR STAND IN MONTE CARLO
|
During Les Rendez-Vous de Septembre our team is looking forward to
meeting you at the XPRIMM Stand at Fairmont Hotel.
Visit us and get your FREE
COPY of the most recent XPRIMM Publications.
Also, if interested in the opportunities in the CEE, SEE and CIS
insurance markets, our team is eager to answer all your questions.
If you want to set a meeting with us, click
HERE
See you soon in Monte Carlo!
|
| STATISTIC
UPDATES |
| EVENTS |
|
European Forum on Claims Management for the Insurance
Industry
September 8-9, 2014, Frankfurt
Organizer: PROSPERO Events Group
Media Partner: XPRIMM Publications
For details: www.prosperoevents.com
4th Annual Risk Management Forum
September 11-12, 2014, Vienna
Media Partner: XPRIMM Publications
Organizer: Global Leading Conferences
For details: globalleadingconferences.com
XIV International Black Sea Finance Forum
September 10-13, 2014
Odessa, Ukraine
Media Partner: XPRIMM Publications
Organizer: Business Strategy
Center "Perspektiva" with the support of the League of Insurance Organizations of Ukraine
For details: www.cbs.org.ua
Les Rendez-vous de Septembre 2014
September 13-18, 2014, Monte Carlo
For details: www.rvs-monte-carlo.com
XIII International Investment Forum Sochi - 2014
September 18-21, 2014
Media Partner: XPRIMM Publications
For details: www.forumkuban.com
IBF - Insurance Business Forum
September 18-22, 2014, Sochi, Russia
Organizers: Delovoi Format
and National Insurance Guild
Co-organizer: Media XPRIMM
For details: www.ins-df.com/en/ibf
International Conference of Agents and Brokers
in the Insurance Sector - ICABI
September 23-24, 2014
Maribor, Slovenia
Organizer: Institute
of Insurance Maribor
Media Partner: XPRIMM Publications
For details: www.icabi.eu
European Life Insurance Forum
September 25-26, 2014, Vienna
Organizer: Global Leading Conferences
Media Partner: XPRIMM Publications
For details: www.globalleadingconferences.com
International Istanbul Insurance Conference - Catastrophic
Risks
September 25-26, 2014
Organizer: Insurance Practitioners'
Association
International Conference on Agricultural Insurance,
Reinsurance and Brokerage for CIS, Europe & Asia
October 6-8, 2014, Istanbul
Organiser: Agroinsurance International
Media Partner: XPRIMM Publications
For details: www.agroinsconf.com
11th ICAR - International CAtastrophic Risks Forum
October 8, 2014, Bucharest, Romania
Organizer: Media XPRIMM
For details: www.icarforum.ro
Cyber Risks in Financial Services Conference
October 9, 2014
Parliament Palace, Bucharest, Romania
Organizer: Media XPRIMM
For details: www.cyberisks.ro
European Insurance Fraud Summit
October 13-14, 2014, Amsterdam
Organizer: MarketForce
Media Partner: XPRIMM Publications
For details: www.marketforce.eu.com
Baden Baden XPRIMM Reception
October 19, 2014
Organizer: Media XPRIMM
Azeri Evening - Baden Baden
October 19, 2014
Organizer: Azerbaijan Insurers
Association
Turkish Evening - Baden Baden
October 21, 2014
Organizer: Istanbul Underwriting
Center
Baden Baden Meetings 2014
October 19-23, 2014
For details: badendirectory.com
6th Annual Insurance Distribution Strategies Forum
October 29-30, 2014, Rome, Italy
Organizer: Fleming Europe
Media Partner: XPRIMM Publications
For details: www.flemingeurope.com
2nd Annual Solvency II Forum
October 30-31, 2014, Vienna, Austria
Organizer: Global Leading Conferences
Media Partner: XPRIMM Publications
For details: globalleadingconferences.com |
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