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NEWS |
Romanian
MTPL market opened up to insurers willing to use the freedom of
services and freedom of establishment rights
by Mihai CRACEA, 2016-02-11
EU insurers willing to sell MTPL in Romania based on the freedom of
services and freedom of establishment rights are now able to do so,
after the Romanian Financial Supervisory Authority (ASF) approved,
on the 9th of February, a draft amending Rule No. 23/2014 regarding
compulsory MTPL insurance.
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The
European Motor Insurance Summit started today in Rome
by Daniela GHETU, 2016-02-11
Today began in Rome the 2016 edition of The European Motor Insurance Summit,
organized by Fleming Europe. XPRIMM Publications are supporting the event as
Media Partner.
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Trust
Re introduces aviation facultative reinsurance
by Mihai CRACEA, 2016-02-11
Trust Re has announced that as of February 2016, its service offering has expanded
to include Aviation facultative reinsurance with a particular focus in areas
where the company already operates, namely the Afro-Asian markets, including
the MENA region, Russia, CEE, CIS countries, Cyprus and Turkey.
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UKRAINE:
Despite the country's economic situation, GLOBUS VIG reported impressive
growth in 2015
by Vlad BOLDIJAR, 2016-02-11
According to the preliminary data published by the Kyiv-based insurer GLOBUS
Vienna Insurance Group (VIG), in 2015 the company has earned UAH 171.6 million
(about EUR 6.5 million) in insurance premiums, 43.4% more y-o-y, while the number
of concluded contracts totaled 351,468.
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CHUBB
names Continental Europe country presidents
by Vlad BOLDIJAR, 2016-02-11
CHUBB announced it has appointed the country presidents who will lead its operations
in Continental Europe, with immediate effect. All country presidents will report
to Jeff MOGHRABI, Division President, Continental Europe for CHUBB.
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ALLIANZ
is the best positioned insurer among the world's strongest brands in 2016
by Daniela GHETU, 2016-02-11
ALLIANZ, AXA, CHINA Life Insurance, Ping An and GENERALI are the Top 5 global
insurers ranked in the Brand Finance Global 500 ranking of the most valuable
insurance brands in this year's. Among them, ALLIANZ is the only insurer to be
included in the Top 50 of the world's strongest brands in 2016.
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AON's
FY2015 revenues down by 3% to USD 11.7 billion
by Vlad BOLDIJAR, 2016-02-11
AON Plc reported for the financial year 2015, total revenues of USD 11.7 billion,
down by 3% y-o-y "due
to a 6% unfavorable impact from foreign currency translation, partially offset
by 3% organic growth in commissions and fees". By divisions, Risk Solutions total revenue decreased 5% to USD 7.4 billion
and HR Solutions total revenue increased 1% to USD 4.3 billion. For the fourth
quarter of 2015, AON reported flat revenue of USD 3.3 billion.
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MMC
reports higher revenue and profit in Q4 2015
by Vlad BOLDIJAR, 2016-02-11
MARSH & McLENNAN Companies (MMC) reported for the fourth quarter of 2015
consolidated revenues of USD 3.3 billion, an increase of 3% from the fourth quarter
of 2014. Operating income rose 11% to USD 594 million, compared with USD 536
million in Q4 2014, while the net income attributable to the Company was USD
375 million, or USD 0.71 per share, compared with USD 294 million, or USD 0.54
per share, in the prior year.
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STATISTICS: ESTONIA's
insurance market is expanding steadily
by Vlad BOLDIJAR, 2016-02-11
Last year, the Estonian insurance market posted total gross written premiums
of EUR 361.2 million, up by 6% y-o-y, according to FY2015 preliminary market
figures published by the Estonian National Statistics Board. Claims paid during
the period were up by 9.2% y-o-y to EUR 207 million. It's worth mentioning that
the figures published by the Estonian National Statistics Board reflect the
performance of Estonian insurers and other EU branches for the insured risks
only in Estonia.
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In
memoriam Alexandre BICHOT
It is with great sadness that we announce
the passing of the well-known reinsurance specialist Alexandre BICHOT.
Alexandre was a part of MILLI Re team, a company in which we held
various positions. He will be missed. May he rest in peace
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EVENTS |
The European Motor Insurance Summit 2015
February 11-12, 2016
Rome, Italy
Media Partner: XPRIMM Publications
For details: finance.flemingeurope.com |
Life Insurance Conference Russia 2016
February 18th, 2016
Moscow, Russia
Organizer: Business Summit of Future
Media coverage: XPRIMM Publications
For details: bsf-summit.ru
The Insurance Summit 2016
February 25, 2016
London, United Kingdom
Organizer: Economist Events
Media Partner: XPRIMM Publications
For details: insurance.economist.com |
AIF2016 - 2nd Annual African Insurance Forum 2016
March 3-4, 2016
Johannesburg, South Africa
Organizer: FEXTON Group
Media Partner: XPRIMM Publications
For details: ins.fextons.com
3rd Annual European Payment Forum
March 3-4, 2016
Amsterdam, Netherlands
Organizer: Global Leading Conferences
Media Partner: XPRIMM Publications
For details: glceurope.com |
Russian Reinsurance Conference
XX Edition
April 6-7, 2016
President Hotel, Moscow
Organizers: All-Russia Insurance Association & DELOVOY Format Group
Media coverage: XPRIMM Publications
For details: ins-df.com
IIF 2016 - Motor Insurance - The Road towards profitability
April 17-19, 2016
Istanbul, Turkey
Organizers: Media XPRIMM and IUC
Media coverage: XPRIMM Publications
For details: www.internationalinsuranceforum.com
FIAR 2016 - The International Insurance - Reinsurance Forum
May 15-19, 2016
Brasov, Romania
Organizer: Media XPRIMM
Media coverage: XPRIMM Publications
For details: www.fiar.ro |
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