 TOP
NEWS |
Munich
Re returns on the leading position in the A.M. Best Top 50 Global
Reinsurance groups
by Daniela GHETU, 2018-09-06
Munich Re regained the leading position it held in the A.M. Best
annual ranking of the Top 50 Global Reinsurance groups since 2010,
after a temporary loss in favor of Swiss Re, in 2017. Together, the
two reinsurers account for ~30% of the Top 50 total reinsurance GWP.
 More
VIG
closes the acquisition of Baltic insurer SEESAM
by Andrei Victor, 2018-09-04
Austrian insurer VIG said the acquisition of Baltic insurer SEESAM
was successfully completed. The agreement on the full acquisition
of non-life insurer SEESAM Insurance AS - part of the Finnish OP
Finance Group - was signed on 18 December 2017 (Click here to read
more).
More
Vienna
Insurance Group's rating of A+ with a stable outlook confirmed
by Daniela GHETU, 2018-09-04
The international rating agency Standard & Poor's (S&P) reconfirmed
the A+ rating with a stable outlook for Vienna Insurance Group (VIG)
on 30 August 2018. VIG continues to be the best-rated company among
the 20 companies considered by the ATX index.
More  Продолжение
SAVA
Re Group: Premiums up 3.7% and net profit of EUR 14.2 million
by Alana MCKENZIE, 2018-09-05
In 1H 2018, the SAVA Re Group generated high premium growth both
in Slovenia and in its international markets. GWP increased by 3.7%
y-o-y to EUR 308.6 million. Premium growth was driven by non-life
insurance in Slovenia (7.3% growth), non-life insurance abroad (16.0%
growth) and life insurance abroad (11.7% growth).
More
STATISTICS: SLOVENIA,
1H2018: extreme weather events' bill pushed up the market's claims
expenses by 6.7%
by Daniela GHETU, 2018-09-06
The Slovenian insurance market saw a 6% y-o-y growth in GWP in 1H2018,
to EUR 1.24 billion. The non-life insurance segment madehad the largest
contribution to the market growth, but also to the 6.7% growth recorded
on the paid claims side.
More
STATISTICS: TURKEY,
1H2018: Insurance industry increased by one fifth to EUR 5.2 billion
by Andrei Victor, 2018-09-05
The preliminary half-year market figures published by the local insurance
association (TSB) shows the insurance sector in Turkey generated
total premiums of TRY 27.87 billion (EUR 5.24 billion), an increase
of 20.5% y-o-y. After considering inflation, real growth in the sector
was 4.4%.
More Продолжение
TURKEY:
BUPA to enter the local health insurance market through ACIBADEM
Sigorta acquisition
by Andrei Victor, 2018-09-05
BUPA, the international healthcare company, announced that it has
agreed to acquire Turkey's second largest health insurer, ACIBADEM
Sigorta, subject to regulatory approvals.
More
A.M.Best
affirmed ALLIANZ SE's and most of its subsidiaries ratings
by Alana MCKENZIE, 2018-09-05
A.M. Best has affirmed the Financial Strength Rating (FSR) of A+
(Superior) and the Long-Term Issuer Credit Rating (Long-Term ICR)
of "aa" of Allianz SE (Allianz) (Germany) and most of its rated subsidiaries
(the list of the companies is available below).
More
CCR,
1H2018: cost of natural disasters impacting French territories amounted
to EUR 262* million
by Daniela GHETU, 2018-09-06
CCR (Caisse Centrale de Reassurance), the public-sector reinsurer
that provides cedant insurers operating in France with coverage against
natural catastrophes and uninsurable risks, has ended 1H2018 with
premiums worth EUR 898 million, fueled chiefly by its Natural Disaster
activity (92%).
More
GROUPAMA's
H1 net profit decreased by EUR 80 million to EUR 206 million
by Andrei Victor, 2018-09-05
French insurer GROUPAMA posted an H1 Group premium income of EUR
9.5 billion, 3.6% more y-o-y, while net profit decreased to EUR 206
million, as compared with EUR 286 million at the end of June 2017.
More
STATISTICS: BELARUS,
1H 2018 result: life paid claims saw significantly rapid growth y-o-y
by 107.17%
by Marina MAGNAVAL, 2018-09-05
In the first half year GWP of Belarusian insurers amounted to BYN
607.18 million (EUR 262.37 million), 15.68% more than a year ago.
At that non-life segment, accounting for over 90% of the market,
grew by 15.89%, according to the Ministry of Finance.
More Продолжение
AZERBAIJAN:
Voluntary insurance premiums for January-July amounted to 73% of
the market
by Marina MAGNAVAL, 2018-09-05
For the first 7 months of the year insurers of Azerbaijan generated
GWP in the amount of AZN 459.9 million (~EUR 230.87 million). Total
market paid claims for the period reached AZN 145.9 million (~EUR
73.24 million), according to The Financial Markets Supervision Chamber
of Azerbaijan.
More
Продолжение
AZERBAIJAN:
Compulsory health insurance to be fully implemented within the next
5 years
by Marina MAGNAVAL, 2018-09-06
Compulsory health insurance in Azerbaijan will be fully implemented
within five years, according to the director of the State Agency
for Compulsory Health Insurance under the Cabinet of Ministers of
Azerbaijan Zaur ALIYEV.
More Продолжение
GEORGIA:
In the 2nd quarter GPI Holding paid the biggest claim
by Marina MAGNAVAL, 2018-09-05
According to preliminary data of the State Insurance Supervision
Service of Georgia in the second quarter of this year, local insurers
generated GEL 295.28 million (~EUR 103.47 million) of direct insurance
premiums.
More Продолжение
RUSSIA:
From January to July MTPL paid claims dropped by 29%
by Marina MAGNAVAL, 2018-09-05
For the first 7 months of 2018 MTPL premiums of local insurers decreased
by 1% to RUB 129.9 billion* y-o-y, at that paid claims demonstrated
a more rapid declining trend (- 29%) to RUB 79.7 billion, according
to the data from the Russian Association of Motor Insurers (RAMI).
More Продолжение
RUSSIA:
Preliminary half year results of the National Association of Agriculture
Insurers show livestock insurance went up by 47%
by Marina MAGNAVAL, 2018-09-04
Preliminary data of the National Association of Agriculture Insurers
(NAAI) for the first half of 2018 show that total number of livestock
insurance contracts with state support increased from 97 to 143 (livestock
enterprises), which according to Korney BIJDOV means growth ofby
47%.
More Продолжение
RUSSIA:
new law creates a federal database of home property insurance
by Marina MAGNAVAL, 2018-09-06
The draft of a single automated system for home property insurance "Housing
Property" is prepared, ARIA will be the system operator. The law,
within which this project was developed, was signed on August 3,
2018.
More Продолжение
RUSSIA:
INGOSSTRAKH is planning to become a leader in home insurance
by Marina MAGNAVAL, 2018-09-05
The home insurance penetration degree in Russia is quite low. According
to the Director for retail insurance of INGOSSTRAKH Vitaliy KNYAGINICHEV
- as of today, the total amount of insured housing property is 5-7%.
More Продолжение
RUSSIA:
SBERBANK Life Insurance in August paid RUB 411 million to clients
by Marina MAGNAVAL, 2018-09-06
In August 2018, SBERBANK Life Insurance paid RUB 411 million* to
its clients for 4,054 events. The biggest claim paid amounted to
RUB 5.5 million, as confirmed by the insurer's press office.
More Продолжение
UZBEKISTAN:
Premium of GROSS INSURANCE went up by 144.3% y-o-y
by Marina MAGNAVAL, 2018-09-05
Premiums of GROSS INSURANCE for the first half of 2018 exceeded UZS
78.5 billion*, which is 144.3% more than a year ago. Among 27 local
insurers, GROSS INSURANCE ranks 3rd in terms of generated premiums,
as data of the Ministry of Finance of Uzbekistan show.
More Продолжение
SCOR
rejects Covea's proposition to acquire a majority stake in the reinsurer's
share capital and voting rights
by Daniela GHETU, 2018-09-04
The French reinsurer SCOR has rejected Covea's acquisition proposal,
as not compatible with its strategy of independence and refused to
initiate discussions with the bidder.
More |
| ON
THE MOVE |
ALLIANZ
names ex Russia's Sberbank CTO as CEO of its European direct
business
by Andrei Victor, 2018-09-05
ALLIANZ announced that it has named Bart SCHLATMANN as CEO of its
European direct business. He will assume his new responsibilities
starting September 1, 2018.
More
Natalia
BELOVA appointed as Insurance Director at SBERBANK Life Insurance,
Russia
by Marina MAGNAVAL, 2018-09-06
Natalia BELOVA has been appointed as Insurance Director at SBERBANK
Life Insurance. She will be responsible for the development of new
insurance products and services, as well as promotion of existing
product lines and services, financial planning, and underwriting
and reinsurance.
More
Продолжение
NN
named Jacek KORONKIEWICZ as interim CEO of Nationale-Nederlanden
Poland
by Andrei Victor, 2018-09-05
The Dutch insurance group NN announced that as of 15 September, Jacek
KORONKIEWICZ, currently CFO and COO of Nationale-Nederlanden Poland,
heading the functions of Finance, Operations and Procurement, will
act as interim CEO.
More
OCCAM
Underwriting announces new Board Appointment
by Daniela GHETU, 2018-09-06
OCCAM Underwriting, the specialty lines-focussed managing general
agent (MGA), has announced that Dr Alan PUNTER is joining the Board
as a Non-Executive Director. His appointment is subject to FCA approval.
More
|
|
| TOP
EVENT |
FY2017
XPRIMM Property and Motor insurance reports to be launched in Monte
Carlo
by Adina TUDOR, 2018-09-06
The latest editions of the XPRIMM Motor Insurance Report and Property
Insurance Report will be launched in Monte Carlo, at the 62th edition
of the "Rendez-Vous de Septembre," one of the most important international
events dedicated to insurers, reinsurers, brokers, and reinsurance consultants.
More
ICAR
2018 registrations opened; top professionals in the fields of re/insurance,
claims adjusting, risks modelling on the speakers list
by Daniela GHETU, 2018-08-23
"Various macro trends keep manifesting themselves: the digital age,
longevity, ecological breakdown and increased protectionism are some
of the key topics. While these changes can threat an established
business model, macro trends can also be used to widen a commercial
playground and explore different fields of profit," says Angelika
WERNER, Expert Atmospheric Perils, Property Underwriting EMEA, Swiss
Re.
More
|
15th
Talk on Insurance and Regulation - Get acquainted with the Western Balkan
countries' insurance markets
by Daniela GHETU, 2018-09-06
ICIR - The International Center for Insurance Regulation will host on 15
November 2018, at the House of Finance in Frankfurt, Germany an event dedicated
to the latest market and regulatory developments in the insurance markets
of the Western Balkans.
More
| MARKETS&TRENDS |
| STATISTIC
UPDATES |
| PRESS
CUTTINGS |
| PARTNER
EVENTS |
4th Annual
Conference Insurance in a Digital Future
13 September 2018, Ljubljana - Slovenia
Les Rendez-Vous
de Septembre
8-13 September, 2018, Monte-Carlo
2nd Edition
IFRS 17 Implementation in Life Insurance
13-14 September 2018, London, United Kingdom
XVIII International
Finance Forum
12-15 September 2018, Odessa, Ukraine
Operational & Process
Excellence (OPEX Central Europe) Summit 2018
19 - 21 September 2018, Prague, Czech Republic
1st National
Reinsurers Summit "National Reinsurers: Focus on global cooperation"
September 20-21, 2018, Sheraton Palace Hotel, Moscow, Russian Federationze="1"
IBF - INSURANCE
BUSINESS FORUM
24-28 September 2018, Swissotel Kamelia, Sochi, Russia
Insurance
Conference - Republic of Moldova
2 October 2018, Radisson Blu Leogrand Hotel
ICAR
2018 - The International CAtastrophic Risks Forum
09 October 2018, Bucharest, Romania
The Xth
International Istanbul Insurance Conference
4th - 5th October 2018 Istanbul |
| CURRENT
XPRIMM REPORTS |
|
