TOP
NEWS |
PAID
is preparing to effectively handle a major earthquake in Romania
by Daniela GHETU, 2017-03-09
PAID Romania - the national pool for disaster insurance -, is prepared
to successfully assist the mandatory household policy owners in case a
major earthquake will hit the country. Currently the PAID portfolio numbers
1.7 million mandatory household insurance policies PAD, covering about
20% of the Romanian housing stock.
More
TRIGLAV
Group: 2016 financial targets exceeded; improved international ratings
by Daniela GHETU, 2017-03-09
According to unaudited data, the TRIGLAV Group generated a profit before
tax of EUR 95 million (planned at between EUR 80 million and EUR 90 million)
and achieved an 11.4% return on equity in the reporting period. The business
results above the planned target level were primarily the result of a very
successful performance in the insurance business, whereas the unfavourable
situation in financial markets had a negative impact, a Group's press release
reads.
More
Insurance
prices start increasing in Slovakia, following the new 8% levy on the non-life
insurance premiums
by Daniela GHETU, 2017-03-09
The 8% levy on insurance premiums extension from the MTPL class to a;;
the facultative non-life insurance lines in Slovakia started to produce
effects on the insurance premiums, reports The Slovak Spectator, mentioning
especially the vehicle and travel insurance premiums.
More
STATISTICS: AZERBAIJAN:
The two PASHA units, ATESHGAH subsidiaries and the State insurer AZERSIGORTA
dominate the market
by Vlad BOLDIJAR, 2017-03-09
At the end of December 2016, Azerbaijan's 25 insurance companies reported
aggregate gross written premiums of AZN 486 million (EUR 260 million),
which is 9.7% more than in 2015. Claims paid by the local insurers totaled
AZN 237 million (EUR 127 million), up by 32% y-o-y.
More
Greece,
FY2016: 4.6% y-o-y increase in the overall premium income
by Daniela GHETU, 2017-03-09
According to a recent press release of the Hellenic Association of Insurance
Companies (HAIC), the Greek insurance market saw a 4.6% y-o-y increase
in the overall premium income in 2016, to EUR 3.78 billion. The result
takes into consideration the 56 insurance undertakings HAIC members, representing
approximately 97.1% of total premium income.
More
Greek
insurance magazine "Asfalistiki Agora" celebrates 40 years of activity
by Daniela GHETU, 2017-03-09
The Greek insurance magazine "Asfalistiki
Agora" (Insurance Market) celebrates 40 years since it accompanies Greek insurers providing
a large array of specialty information.
More
AIG
sets Q1 2019 as deadline for moving its EU hub in Luxembourg
by Daniela GHETU, 2017-03-09
U.S. insurer AIG said this week that although it will keep its main European
headquarters in London, it also plans to a European Union hub in Luxembourg
following Britain's decision to leave the bloc, report Reuters.
More
HANNOVER
Re bets on profitability and reports net income exceeding the 2016 target
by Daniela GHETU, 2017-03-09
With Group net income of EUR 1.17 billion HANNOVER Re has comfortably surpassed
its target for the 2016 financial year. "Another
strong underwriting result in property and casualty reinsurance combined
with pleasing investment income laid the foundation", Chief Executive Officer Ulrich Wallin noted.
More
UNIQA
Group: FY 2016 earnings target achieved
by Vlad BOLDIJAR, 2017-03-09
The Austrian insurer UNIQA reported earnings before taxes (EBT) of EUR
225.5 million at the end of 2016, "slightly
better than anticipated despite the disposal of the Italian business". At the same time, the value of premiums written dropped 3.1% to EUR 5.04 billion "as a result of the significant decrease in capital-intensive single premiums". More
New
players on the Romanian MTPL insurance market
by Daniela GHETU, 2017-03-09
The Irish Euro Insurance DAC (commercial name LeasePlan Insurance) has
received the Romanian Financial Supervisory Authority's positive answer
for providing MTPL insurance in Romania, based on the EU FOS rights.
More |
ON
THE MOVE |
Aon
announces new leadership for AON Risk Solutions in the UK
by Vlad BOLDIJAR, 2017-03-09
AON announced the appointment of Julie PAGE as CEO of Aon Risk Solutions
(ARS) in the UK, effective 1 April 2017. She takes over this role from
Andrew TUNNICLIFFE, who has been with AON since 2005, holding senior leadership
roles within ARS EMEA and Aon Global Risk Consulting as well as leading
ARS UK.
More
Personnel
changes in the Board of Management of TALANX Systeme AG
by Vlad BOLDIJAR, 2017-03-09
German insurer TALANX announced it has appointed Mario KRAUSE (currently, in
the Board of Management of TALANX Systeme AG, responsible for IT relating to
Property/Casualty, Industrial Lines and Infrastructure ) as Chairman of the Board
of Management of TALANX Systeme AG, with effect from 1 July 2017.
More
New
representatives of the shareholders in the SAVA Re's supervisory board
by Daniela GHETU, 2017-03-09
Davor Ivan GJIVOJE, Mateja Lovsin HERIC, Keith William MORRIS and Andrej KREN
were elected as new members of the SAVA Re's supervisory board to represent the
shareholders.
More |
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