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special events and the latest statistics at Baden Baden. Book
your seat now!
by mihai.cracea@mxp.ro, 2014-10-02
Only two more weeks to go until the 2014 Baden Baden Reinsurance
Meetings will start, bringing together reinsurance specialists from
all over the world. That is why XPRIMM Publications are proud to
announce a series of events that will provide the perfect opportunity
to bring you closer to your business partner, help you find the latest
statistics for the CEE, SEE and CIS insurance markets and network.
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STATISTICS: RUSSIA,
1H2014: The local market is expected to increase by 9% until the
end of this year
by olesea.adonev@mxp.ro, 2014-10-02
According to a report published by the Central Bank of Russia, in
the first half of this year the local insurance market grew by 8.49%
in national currency compared with the same period of last year.
Therefore, in 1H2014 gross written premiums reached RUB 507.2 billion
(EUR 11 billion) fromRUB 467.5 billion (EUR10.9 billion) in 1H2013.
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STATISTICS: ROMANIA
1H2014: MTPL insurance went up 8.7% in GWP terms, but recorded a
combined ratio of 131%
by vlad.boldijar@mxp.ro, 2014-10-02
The Romanian insurance market decreased 6.8% y-o-y in the first half
of 2014 to RON 3.97 billion (EUR 890 million), as the Financial Supervisory
Authority (FSA) announced in the half-year Report.
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STATISTICS: POLAND
1H2014: the second year of consistent drop in life insurance GWP
by daniela.ghetu@mxp.ro, 2014-10-02
The Polish market continued to saw in 1H2014 the descending trend
recorded in 2013. Thus, overall GWP decreased by 7.4% y-o-y, to PLN
27.7 billion, again driven by the 11.3% decrease in life insurance
underwriting. However, due to the Polish zloty appreciation during
the last 12 months, the market results look better denominated in
euro (EUR 6.7 billion in GWP, 3.67% down y-o-y).
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STATISTICS: CZECH
Rep. 1H2014: positive trend driven by single premium life insurance
products and improving MTPL tariffs
by daniela.ghetu@mxp.ro, 2014-10-02
The slightly positive trend of the Czech insurance market continued
in the first half of 2014, with an overall increase in GWP of 3.6%,
to CZK 82.95 billion. However, the almost 6% depreciation of the
Czeck currency against the euro made the market results to show a
negative change of 2% when denominated in euro, to EUR 3.02 billion.
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AXA
remains in ROMANIA. The deal with ASTRA failed
by vlad.boldijar@mxp.ro, 2014-10-02
The French insurer AXA said that the sale of its Romanian subsidiary
AXA Life Insurance to ASTRA Asigurari has failed. "The
agreement with Astra Asigurari to sell AXA's Life & Savings insurance operations in Romania, announced on November 29, 2013, has
lapsed", AXA announced. The transaction received the approval of the Competition Council
on 23rd December, 2013.
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STATISTICS: SLOVENIA
1H2014: harsh competition pushed down motor insurance GWP despite
de increasing car sales
by daniela.ghetu@mxp.ro, 2014-10-02
Slovenian insurers ended 1H2014 with an aggregate GWP of EUR 1.05
billion, 3.2 lower y-o-y. "As
expected, the decline in gross written premium is still noticeable
and we can expect this trend till the end of this year," Mateja LAMOVSEK, Insurance Analyst with Slovenian Insurance Association told
XPRIMM.
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STATISTICS: ARMENIA,
1H2014: The loss ratio on MTPL insurance is 60%
by olesea.adonev@mxp.ro, 2014-10-02
In January -June 2014, gross written premiums recorded by the Armenian
insurance market totaled AMD 15.6 billion; going down by 38% compared
with the results of the 1st half of 2013 when insurance companies
had collected AMD 21.6 billion in premiums.
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Russia:
2014 - a difficult year for the insurance industry
by olesea.adonev@mxp.ro, 2014-10-02
The current year has been a difficult one for the Russian insurance
market. Changes that have taken placewere largely associated with
the reform of the supervisory system.
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International
Conference "Agricultural Insurance, Reinsurance and Brokerage in CIS, Europe & Asia" - The registration deadline approaches
by olesea.adonev@mxp.ro, 2014-10-02
One more week is left before the start of the International Conference "Agricultural
Insurance, Reinsurance and Brokerage in CIS, Europe & Asia." The Conference will be held on October 6-8, 2014 in Istanbul, Turkey. The conference
is organized by AgroInsurance International LLC. Media XPRIMM supports
this event as media partner.
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STATISTICS: CYPRUS
1H2014: Accidents & Health, Fire and Motor insurance made more than half of the non-life business
by vlad.boldijar@mxp.ro, 2014-10-02
The total volume of gross premiums written by the Insurance Association
of Cyprus (IAC) members amounted to EUR 382 million in 1H2014, representing
a decrease of 2.2% y-o-y. According to the IAC website, there are
30 insurance company members accounting for about 95% of the annual
GWP in the local market.
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STATISTICS: GREECE
1H2014: unit-linked insurance products pushed the life segment back
on a positive track
by vlad.boldijar@mxp.ro, 2014-10-02
The Greek insurers reported a GWP of EUR 1.93 million in the first
half of 2014, as compared with EUR 1.97 billion a year earlier, according
to the 1H2014 Report published by the Hellenic Association of Insurance
Companies (HAIC). In the analyzed period, the non-life insurance
GWP accounted for 54.9% of the total (EUR 1.06 billion, 9% less y-o-y),
while the life insurance segment accounted for the remainder of the
market (~EUR 870 million, or 7.57% more y-o-y).
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TURKMENISTAN:
Steps forward to create a single insurance information network
by daniela.ghetu@mxp.ro, 2014-10-02
The State Insurance Organization of Turkmenistan, for the time being
the sole insurance entity in the country, is completing the creation
of a single information network, TREND news agency reported. The
Turkmen State Insurance Organization has an extensive network in
the country of more than 40 offices and is currently taken steps
to expand its partnerships with leading international insurance,
reinsurance companies and insurance brokers.
More |
International
Istanbul Insurance Conference |
PRESS
CUTTINGS |
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FUTURE
REPORTS |
On the occasion of the Baden
Baden meeting (October 19th-23rd, Baden-Baden), Media XPRIMM will launch five new titles.
Join our events in Baden Baden and get your complimentary copies
of:
- XPRIMM INSURANCE REPORT 1H 2014 –
32 CEE, SEE & CIS markets half year statistics
- XPRIMM INSURANCE PROFILE –
In depth market analysis for the following insurance markets/analyzed
periods:
|
RUSSIA 1H 2014 |
|
TURKEY FY 2013 and 1H2014 |
|
AZERBAIJAN 1H 2014 |
|
KAZAKHSTAN FY 2013 and 1H2014 |
|
INTERVIEW |
Alexander
ZALETOV
President
Ukraine League of Insurance Organizations
The system of voluntary health insurance, as an addition to the state
system of social guarantees, would be a reliable economic mechanism
directed to reducing budget expenses, because the voluntary health
insurance is one of the financing sources of the health system.
More Продолжение
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STATISTIC
UPDATES |
EVENTS |
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
Japanese Evening - Baden Baden
October 19th, 2014
Organizers: NTT Data and Media
XPRIMM
For details: www.xprimm.com
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
WorldPensionSummit 2014
November 5-6, 2014
The Hague, Netherlands
Media Partner: XPRIMM Publications
For details: www.worldpensionsummit.com
Conference of MABISZ
November 6, 2014
Corinthia Hotel, Budapest, Hungary
Organizer: Hungarian Insurance
Association (MABISZ)
For details: mabiszkonferencia.hu
EIOPA Conference
November 19th, 2014
Frankfurt am Main, Germania
Organizer: EIOPA
For details: eiopa.europa.eu |
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