TOP
NEWS |
Global
insurance premiums up by 3.1% in 2016; overall growth outlook remains
positive, latest sigma study says
by Vlad BOLDIJAR, 2017-07-06
Global insurance premiums increased by 3.1% in real terms in 2016,
Swiss Re Institute's latest sigma report says, largely fuelled by the
rapid growth of the Chinese market which currently ranks third worldwide
in GWP terms.
More
ALLIANZ:
By 2027, China will be the second-largest market in the world
by Vlad BOLDIJAR, 2017-07-06
In the next decade, growth in emerging markets will remain at a much higher level
than in the developed world, estimates an ALLIANZ study. Per regions, Asia will
be the fastest-growing in the world, with many markets seeing double-digit growth.
From this point of view, the Chinese insurance market is expected to more than
quadruple over the next 10 years.
More
STATISTICS: CZECH
Rep., 1Q2017: 3.3% GWP growth; KOOPERATIVA pojistovna-VIG takes up the market
leadership
by Vlad BOLDIJAR, 2017-07-06
In the first quarter of 2017 the 25 Czech insurers, members of local professional
association (CAP), reported aggregate GWP of CZK 32.1 billion (~EUR 1.2 billion),
up by 3.3% y-o-y.
More
STATISTICS: HUNGARY,
1Q2017: incurred claims went up by 12.2%, while GWP increased by only 8.5% y-o-y
by Vlad BOLDIJAR, 2017-07-06
The Hungarian insurance market totaled HUF 254.7 billion (EUR 825 million) at
the end of March 2017, 8.5% more y-o-y, according to the statistics published
by the Central Bank.
More
STATISTICS: UKRAINE,
1Q2017: GWP collected by local insurers up by 31.69%
by Olesea ADONEV, 2017-07-06
In 1Q2017, GWP collected by local insurers' went up by 31.69% y-o-y, to UAH 10,895.90
million, of which UAH 10,263.30 million for the non-life insurance segment (up
by 34.82%), while life insurance saw a decrease by 4.31%.
More
JLT
Re is awarded Reinsurance Broker of the Year
by Vlad BOLDIJAR, 2017-07-06
JLT Re, the global provider of reinsurance broking and consultancy was named
Reinsurance Broker of the Year at the Reactions London Market Awards. Mike REYNOLDS
(Global CEO, JLT Re) was also awarded Reinsurance Broking CEO of the Year.
More
EUROINS
Romania got regulatory approval to acquire the non-life portfolio of ATE Insurance
by Vlad BOLDIJAR, 2017-07-06
Romanian insurer EUROINS, part of Bulgarian-based EUROINS Insurance Group (EIG),
will acquire the non-life insurance portfolio of ATE Insurance Romania, a PIRAEUS
Bank unit, after Romania's ASF approved the transfer on July 4th 2017.
More
UPDATE:
ETHNIKI Insurance close to becoming an American-Dutch owned company by Daniela GHETU, 2017-07-06
National Bank of Greece's sale of a 75% stake in its insurance arm, Ethniki Insurance,
to the American-Dutch consortium Calamos-EXIN got the final approvals, for a
total consideration of EUR 718.3 million.
More
Fitch:
Dutch insurers' profitability improving, but still challenged by Daniela GHETU, 2017-07-06
Dutch life insurers' profitability stabilized in 2016, while non-life combined
ratios increased, both segments dealing with still challenging market conditions,
Fitch said in a comentary released today.
More
Webinar: Customer Centricity with MS Amlin, Berkshire Hathaway and Ingenin
by Adina TUDOR, 2017-06-30
With customer experience a major challenge across the insurance claims lifecycle,
claims leaders from MS Amlin, Berkshire Hathaway Specialty Insurance and Ingenin
will share their expert insight on how to deliver a superior claims customer
experience at "The
Moment of Truth: Deliver Customer-Centric and
Seamless Insurance Claims" webinar.
More
Azeri
insurers have collected AZN 11 million for MTPL contracts in the first half of
2017
by Daniela GHETU, 2017-07-06
At the end of June 2017, 133,148 contracts on compulsory MTPL were registered
in the Azeri Compulsory Insurance Bureau's information system, more by 58% than
in 1H2016.
More |
ON
THE MOVE |
Swiss
Re appoints Christian Kreutzer as Head Market Underwriting Austria, Central & Eastern
Europe effective from 1 July 2017 by Daniela GHETU, 2017-07-03
Christian Kreutzer (47) will take on the position of Head Market Underwriting
Austria, Central & Eastern
Europe effective from 1 July 2017, reporting to Nicola Rautmann, Market Executive
Austria & CEE.
More
Leonardo
BADEA and Razvan WLASSOPOL appointed at the helm of the Romanian Financial Supervisory
Authority
by Daniela GHETU, 2017-07-06
Leonardo BADEA was appointed as President of the Financial Supervisory Authority
(ASF)'s Board, while Razvan Wlassopol was designated for the position of First
Vice-president, both appointments getting the Parliament's approval in June 28.
More
Robert
CHILDS appointed Deputy Chairman of Lloyd's
by Vlad BOLDIJAR, 2017-07-06
Lloyd's announced that Robert CHILDS, Non-Executive Chairman of HISCOX, has been
appointed Deputy Chairman of Lloyd's. He takes up the position immediately.
More
Michel M. Lies to succeed Tom de Swaan as Zurich Insurance Group's Chairman in 2018
by Daniela GHETU, 2017-07-06
Zurich Insurance Group announced the Board of Directors will propose the election of Michel M. Lies as Chairman at the Annual General Meeting (AGM) to be held April 4, 2018.
More
Maximilian ZIMMERER joins Supervisory Board of MUNICH Re
by Vlad BOLDIJAR, 2017-07-06
Maximilian ZIMMERER has been appointed to the Supervisory Board of MUNICH Re with effect from 4 July 2017.
More
David
EDWARDS to join JLT Re's growing Credit & Political Risk team
by Vlad BOLDIJAR, 2017-07-06
JLT Re, the global provider of reinsurance broking and consultancy announced
that David EDWARDS will be joining JLT Re's expanding Credit & Political
Risk team once he has completed his contractual obligations with his current
employer.
More
PartnerRe announces retirement of two longstanding executives
by Vlad BOLDIJAR, 2017-07-06
PartnerRe Ltd. announced that Tad WALKER, CEO Property & Casualty and Marvin PESTCOE, Chief Risk and Actuarial Officer, will both retire from the company at the end of Q1 2018.
More |
|
INTERVIEW |
Oleg
HANIN,
Chairman of the Board, KOMMESK-OMIR
One of the most discussed subjects in our market, in 2016 was the transfer
of the road accident claims settlement activity from the independent evaluators
to the insurance companies. Despite the surge in negative expectations, the
measure resulted in an effective direct, non-intermediated interaction between
insurers and their clients which led to the growing customer satisfaction
with regard to the claims payment.
More |
STATISTIC
UPDATES |
XPRIMM
EVENTS |
Insurance Master Class with Prof. Karel Van HULLE
22 September 2017, Bucharest, Romania
ICAR 2017 - The International CAtastrophic Risks Forum
18 October 2017, Bucharest, Romania
IIF
2017 - MOTOR Insurance Conference
6 October 2017 Istanbul, Turkey
Baden-Baden XPRIMM Reception
22 October 2017, Baden Baden, Germany
IIF
2017 - Insurance in the Digital World
14 November 2017, Vienna, Austria
IIF
2017 - MOTOR Insurance Conference
November 2017 Baku, Azerbaijan |
PARTNER
EVENTS |
RPA&Artifical Intelligence BFSI World Summit
10-12 July, Amba Marble Arch, London, UK
XV
Russian Insurance Summit
12 July 2017, Saint Petersburg, Russian Federation
IIS
Global Insurance Forum
17-20 July 2017, Park Westminster Bridge Hotel, London
Les Rendez-vous de Septembre 2017
9-14 September, 2017, Monte Carlo, Monaco
7th Annual Risk Management Forum
14-15 September, 2017, Vienna, Austria
International Conference "RISKS & CLAIMS-2017"
20 September, 2017, Moscow, Russian Federation
Baden Baden Meetings 2017
22-26 October 2017, Baden Baden, Germany |
PRESS
CUTTINGS |
CURRENT
XPRIMM REPORTS |
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