 TOP EVENT: ICAR The International Catastrophic Risks Forum |
| TOP
NEWS |
STATISTICS: BULGARIA, 1H2017: Positive trend, both in underwriting and financial result
by Daniela GHETU, 2017-10-19
Bulgarian insurers managed to achieve a 10.14% increase in GWP in the first half of 2017, to EUR 581.6 million. The market growth was almost entirely provided by the non-life segment, especially the motor insurance lines. More
STATISTICS: MONTENEGRO 1H2017: GWP of EUR 40 million for the smallest CEE market
by Vlad BOLDIJAR, 2017-10-19
According to the centralized CEE figures, in terms of gross written premiums, at the end of June 2017, the insurance market of Montenegro was the smallest among all 17 CEE countries: GWP of EUR 40 million, up by 3.5% y-o-y. More
STATISTICS: SERBIA, 1H2017: Positive trend and a stable porfolio structure
by Daniela GHETU, 2017-10-19
Serbian insurers ended 1H2017 with GWP up by 10.3% y-o-y, to EUR 404.2 million, a growth rate slightly helped by the local currency's appreciation. Denominated in Serbian Dinars, the market results show an 8.12% increase in premiums. More
STATISTICS: POLAND, 1H2017: Recovery trend confirmed thanks to the MTPL line increasing premiums volume
by Daniela GHETU, 2017-10-19
The Polish insurance market's recovery announced by the Q1 results, after four years of decline, seems to become confirmed reality, judging by the 1H results: the market ended the first half of 2017 with GWP of EUR 7.4 billion, 21% up y-o-y. More
STATISTICS: SLOVENIA, 1H2017: Severe weather events have pushed property claims already double digit up
by Daniela GHETU, 2017-10-19
Slovenian insurers half year results show a 6.8% increase in GWP, to EUR 1.16 billion, fueled by the life and non-life insurance segments. More
The mechanism of financial rehabilitation for insurers is in work out; how to avoid the "new" ROSGOSSTRAKH case
by Olesea ADONEV, 2017-10-19
The Central Bank of Russia worked out the mechanism of financial rehabilitation for insurance companies, which potentially could be similar to the one introduced in the banking sector. More
34th AIAG Congress - the meeting of agricultural insurers took place in Warsaw at the beginning of October
by Adina TUDOR, 2017-10-16
380 participants representing 40 countries from all over the world attended the 34th Congress organized by AIAG - The International Association of Agricultural Production Insurers, a premiere in the 66-years old history of AIAG Congresses. More
The dates of the XVI-th edition of the November Business Meetings of Reinsurers have been announced
by Olesea ADONEV, 2017-10-19
Between the 21 - 22 November 2017, the XVI-th November Business Meetings of Reinsurers will take place in Moscow, "Novaya Ploschad" Business Center, Russia. XPRIMM Publications supports the event as Media Partner. More
ZURICH expects USD 700 million in Q3 hurricane claims
by Vlad BOLDIJAR, 2017-10-19
ZURICH Insurance Group said that it expects to pay out aggregate Q3 claims related to the three major hurricanes impact - Harvey, Irma and Maria, worth of USD 700 million (net of reinsurance and before tax). After tax, the losses are expected to be around USD 620 million. More
Armenia is planning a mandatory agricultural insurance scheme
by Daniela GHETU, 2017-10-19
Armenia might have a mandatory agricultural insurance system in place, in about 3 to 5 years, an official of the specialized minister stated to the press, reports Arka News Agency. More
BELARUS Re's rating by Fitch affirmed at B-
by Daniela GHETU, 2017-10-19
Fitch Ratings has affirmed Belarusian National Reinsurance Organisation's (BELARUS Re) Insurer Financial Strength (IFS) Rating at 'B-'. The Outlook is Positive. More |
| ON
THE MOVE |
 Reinsurer VIG Re hires Patrick CHEVREL of PARTNER Re to lead its Western Europe business unit
by Vlad BOLDIJAR, 2017-10-19
Reinsurer VIG Re announced Patrick CHEVREL joined the company on 16 October 2017 to head the new established underwriting team Western Europe to develop VIG Re's business with clients domiciled in France, Belgium and Luxembourg. More
 Marsh appoints Siegmund FAHRIG CEO of Continental Europe region
by Daniela GHETU, 2017-10-19
Marsh, the global leader broking services and innovative risk management solutions provider, today announced the appointment of Siegmund FAHRIG as CEO of its Continental Europe region, effective immediately. More
WTW appoints Neil IRWIN to lead CEEMEA Region
by Vlad BOLDIJAR, 2017-10-19
WILLIS TOWERS WATSON (WTW) has appointed Neil IRWIN as the new leader of the Central and Eastern Europe, Middle East, and Africa (CEEMEA) region. He takes up his new position with immediate effect, and will be based in Dubai. More
WILLIS TOWERS WATSON appoints Gianmarco TOSTI as Head of Italy
by Vlad BOLDIJAR, 2017-10-19
WILLIS TOWERS WATSON (WTW) announced it named Gianmarco TOSTI as the company's new country head of Italy, effective January 1st, 2018. More
TRIGLAV: Barbara SMOLNIKAR started to serve on the Management Board
by Vlad BOLDIJAR, 2017-10-19
Slovenian TRIGLAV Group announced that Barbara SMOLNIKAR started to serve as a new Management Board Member, based on the Supervisory Board's resolution adopted in August. More
MMA CEO David ESLICK named Chairman of The Council of Insurance Agents & Brokers
by Vlad BOLDIJAR, 2017-10-19
The global insurance broker MARSH announced that David ESLICK, Chairman and CEO of its subsidiary Marsh & McLennan Agency (MMA), was elected as the 2018 Chairman of The Council of Insurance Agents & Brokers (The Council). More
AON names Andy WEITZ Chief Marketing Officer
by Vlad BOLDIJAR, 2017-10-19
The risk and insurance brokerage services provider AON announced the appointment of Andy WEITZ as Chief Marketing Officer, effective immediately. More
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| PRESS
CUTTINGS |
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Five new XPRIMM Publications will be available in Baden Baden
by Mihaela CIRCU, 2017-10-19
Five new titles will be available this year on the XPRIMM Baden-Baden press stands opened in the Kurhaus Casino and in Baden Baden main locations, presenting the latest statistical data and comprehensive analysis for the CEE, SEE and CIS insurance markets. More |
| INTERVIEW |
 Catherine HOCK
Vice-president
International Relations
ICMIF-International Cooperative and Mutual Insurance Federation
More than 900 million people worldwide are protected by mutual or cooperative insurers and when you also add on the millions of individuals in emerging countries who rely on informal, community-run insurance schemes, the true impact of these values-based insurers becomes apparent. In fact, our latest figures show the mutual insurance sector is the fastest-growing part of the global insurance industry since the onset of the global financial crisis and has almost 30% of the market. More |
| STATISTIC
UPDATES |
| XPRIMM
EVENTS |
| PARTNER
EVENTS |
Baden Baden Meetings 2017
22-26 October 2017, Baden Baden, Germany
2nd Annual Connected Claims Europe Summit
24-25 October, 2017, London, United Kingdom
WorldPensionSummit
25-26 October 2017, Louwman Museum, The Hague, Netherlands
Croatian Insurance Days 2017
8-10 November 2017, Opatija, Croatia
November Business Meetings of Reinsurers
21-22 November 2017, Moscow, Russia |
| CURRENT
XPRIMM REPORTS |
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