 7th
International Insurance Conference |
| TOP
NEWS |
 VIG,
1Q2015: Positive results in all the Group's markets
by daniela.ghetu@mxp.ro, 2015-05-28
In the 1Q 2015, Vienna Insurance Group (VIG) wrote consolidated premiums
of about EUR 2.8 billion, 0.9% up y-o-y despite the marked decline
in single premium policies in life. Moreover, profit (before taxes)
reached EUR 130.9 million. All countries and business lines contributed
positively to this result.
 More
PZU
records in Q1 2015 the highest profitability since the company's
public listing
by daniela.ghetu@mxp.ro, 2015-05-28
The PZU Group's net financial result in Q1 2015 surpassed PLN 941 million (~EUR
227 million). Net of non-recurring events it surged up by 25.2% versus Q1 2014.
ROE also rose by 5.1 pp to 27.6%. Insurance sales were also robust, with GWP
amounting to PLN 4.7 billion (~EUR 1.13 billion). PZU plans to earmark nearly
PLN 2.6 billion of profit as a dividend payout.
More
STATISTICS: HUNGARIAN
insurers' business up by 1.7% in Q1
by vlad.boldijar@mxp.ro, 2015-05-28
Hungarian insurance market totaled HUF 241.36 billion (EUR 807 million)
at the end of March 2015, 1.71% more y-o-y, according to the statistics
published by the Central Bank. In European currency, due the appreciation
of the Hungarian Forint - the calculated growth rate was 4.41%. The
volume of paid claims by insurers decreased by 1.79% to HUF 125.85
billion (EUR 421 million), due the reduced values reported for life
indemnities.
More
STATISTICS: ROMANIA
1Q2015: GWP up 11% y-o-y "helped" by a 20% MTPL growth rate
by vlad.boldijar@mxp.ro, 2015-05-28
After two years starting with a first quarter during which the market
remained on a decreasing trend, at the beginning of 2013 and 2014
respectively, the Romanian insurance market surprised us with an
11% increase (to EUR 506 million) in 1Q2015. Per insurance classes,
stands out the growth rates reported on two segments: life insurance
(+13% y-o-y to EUR 94 million) and Motor TPL (+20% y-o-y, to EUR
197 million).
More
STATISTICS: Slight
decrease in Q1 GWP volume for MOLDAVIAN insurers
by vlad.boldijar@mxp.ro, 2015-05-28
In the first three months of this year, the 15 active Moldavian insurers
reported a total GWP volume of about MDL 253.66 million (EUR 12.48
million), down by a half a percentage point as compared with the
1Q2014 figures. About 92% of aggregated GWP voume was generated by
the non-life classes, the remaining 8% being accounted by life policies.
More
STATISTICS: GREECE,
Q1: Unit-linked policies maintained the local market in positive
teritorry
by vlad.boldijar@mxp.ro, 2015-05-28
The Greek insurers reported GWP of EUR 993 million in the first quarter
of 2015, 0.7% more y-o-y, according to the 1Q2015 Report published
by the Hellenic Association of Insurance Companies (HAIC). Non-life
insurance premiums accounted for 50.2% of the total insurance premiums
(EUR 498 million, 11.8% less y-o-y).
More
TRUST
Re's net profit up 10.1% in Q1
by adina.tudor@mxp.ro, 2015-05-28
The reinsurer TRUST Re reported a consistently strong performance
for the first quarter of the year with gross written premium of USD
204.5 million, representing a rise of 4.9% compared to twelve months
ago.
More |
POLISH
Re is now using only 'A-' rating by AM Best with stable outlook
by mihai.cracea@mxp.ro, 2015-05-27
POLISH Re has announced that it is now using only 'A-' rating by
AM Best with stable outlook.
More
EUR
5.15 million profit for ERGO in the Baltic States
by daniela.ghetu@mxp.ro, 2015-05-28
ERGO insurance companies in the Baltic States attained a profit of
EUR 5.15 million in the 2014, a significantly higher figure as compared
with EUR 0,01 million in 2013. GWP by ERGO Baltic amounted to EUR
163 million, 5% up y-o-y, while the company has outperformed the
average market dynamic.
More
The
TRIGLAV Group, 1Q2015: consolidated net profit up by 22% y-o-y
by daniela.ghetu@mxp.ro, 2015-05-28
The TRIGLAV Group performed well in 1Q 2015, earning EUR 31.1 million
in net profit, which represents a 22% y-o-y growth. Net profit of
Zavarovalnica TRIGLAV d.d. as the parent company amounted to EUR
20.2 million, representing a 6% increase over 2014.
More |
Slovenian
SAVA Re Group profit up by 32% in Q1
by vlad.boldijar@mxp.ro, 2015-05-28
In 1Q 2015, the Slovenian insurance-reinsurance group SAVA raported
4.5% increase in GWP to EUR 152.5 million "primarily
from international reinsurance business and from its Macedonian and
Montenegrin operations", the company said in a statement. At the same time, SAVA Re Group generated
a net profit of EUR 10 million.
More
UNIQA
reported higher profits and premiums in Q1 2015
by vlad.boldijar@mxp.ro, 2015-05-28
Austrian insurance group UNIQA reported for the first three months
of 2015 a pre-tax profit of EUR 94 million, 15.5% up on the previous
year's level, while the net profit increased by 37.5% to EUR 76.9
million "as
a result of relatively low tax expenses", the company announced in a press release.
More
Interested
in the African insurance market? Get a 15% promotional discount for
the Insurance Penetration West Africa Summit!
by oana.racatej@mxp.ro, 2015-05-15
The main reason why foreign companies are reluctant in making direct
investment within countries in West Africa is the absence of information
on this insurance market. Therefore, the "Insurance
Penetration West Africa" Summit aims to empower delegates with essential knowledge regarding this market.
XPRIMM Publications readers
are offered a 15% special discount to the registration
fee.
More
Risk
Management Forum: What is your expected loss based on your actual
risk results?
by oana.racatej@mxp.ro, 2015-05-15
Nowadays, we come face to face with various challenges and managing
risks becomes essential for organizations to achieve their objective
in the current business environment. For better results, risk managers
from diverse backgrounds are required to commit to long lasting professional
development because the risk management is rapidly changing.
More
Car
thefts up by almost 70% in January-May 2015
by daniela.ghetu@mxp.ro, 2015-05-28
Since the beginning of this year, the number of automobile thefts
has significantly increased in Latvia, reports The Baltic Course
quoting the information provided by IF Apdrosinasana insurance company.
The majority of thefts were registered in Riga and regions near Riga,
the three to five years old cars being the most stolen.
More |
| PRESS
CUTTINGS |
|
| INTERVIEW |
 Michaela
KOLLER
General Manager
Insurance Europe
There are significant concerns that the new Solvency II regulation
treats insurers as if they invest like traders, and are faced with
the same risks as traders. We shouldn't forget that insurers are
Europe's largest institutional investors. In 2013 they had over €8.5
trillion of assets under management. That is roughly equivalent to
60% of the entire Gross Domestic Product (GDP) of Europe.
More
|
| ON
THE MOVE |
| CURRENT
REPORTS |
| STATISTIC
UPDATES |
| POINT
OF VIEW |
 Hrvoje
PAUKOVIC
Director
Croatian Insurance Bureau
The Croatian insurance industry is facing several challenges. The
long-lasting financial crisis and the overall reduction of household
income and consumer consumption in Croatia have weighed heavily on
the total market premium for years. After 12 quarters of GDP decline,
the first-quarter 2015 GDP showed a modest growth. If this encouraging
trend continues, it will certainly stimulate a gradual recovery of
the insurance market.
More
|
| EVENTS |
SORS Conference
June 10-12, 2015
Sarajevo, Bosnia and Herzegovina
Organizer: SorS, TECTUS and
SVIET Osiguranja
Media Partner: XPRIMM Publications
For details: www.sors.ba
V AIDA Europe Conference
June, 11-12, 2015
Copenhagen, Denmark
Organizer: Association Internationale
de Droit des Assurances
Media Partner: XPRIMM Publications
For details: www.aida.org.uk
IIF 2015 - Property Insurance in a Stormy Era
June 22-23, 2015
Munich, Germany
Organizers: Media XPRIMM and
NTT Data
For details: www.internationalinsuranceforum.com
|
|
