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NEWS |
The International Istanbul Insurance Conference starts today in Istanbul
by Daniela GHETU, 2019-10-03
Today has started in Istanbul de XIth edition of the International Istanbul Insurance Conference titled "Role of Technology and Innovation for The Sustainable Developments Goals and Financial & Cyber Insurances". XPRIMM Publications support the conference as Media Partner.
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Live text: The Annual National Reinsurers Summit
by Mihaela CIRCU, 2019-10-03
Between 3 and 4 October, the national reinsurance companies from all over the world gather in Saint Petersburg at the invitation of RNRC (Russian National Reinsurance Company) at the Annual National Reinsurance Summit to discuss the current challenges affecting the re/insurance sector.
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ALBANIA: market increase of 2.33% y-o-y with non-life occupying over 92% from January to August
by Marina MAGNAVAL, 2019-10-03
The Albanian market reached over ALL 11.36 million (~EUR 0.09 million) from January to August 2019, 2.33% more y-o-y. The total number of insurance contracts amounted to 885,298 (+4.72%). Paid claims reached about ALL 3.94 million (+9.99% y-o-y), as data from the Financial Supervisory Authority of Albania show.
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STATISTICS: CZECHIA, 1H2019: 9.14% more premiums wrote y-o-y for the first six months
by Daniela GHETU, 2019-10-03
The H1 results provided by the Czech National Bank show a positive market dynamic, with overall GWP increasing by 9.14%, to EUR 3.3 billion.
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STATISTICS: LATVIA, 1H2019: Half-year insurers' profit more than doubled to EUR 15.37 million
by Andrei Victor, 2019-10-03
Latvian insurance companies generated EUR 15.37 million in aggregate H1 net profit, more than double than a year ago (EUR 7.22 million), the end-June figures published by FKTK (Financial and Capital Market Commission) showed.
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STATISTICS: POLAND, 1H2019: insurers wrote EUR 7.6 billion, 2.65% more y-o-y
by Daniela GHETU, 2019-10-03
The flagship market of the CEE region, Poland, ended the first half of 2019 with only a modest increase in GWP, of 2.65%, to EUR 7.56 billion. The positive trend was entirely due to the GWP growth on the non-life side (5.36% up, EUR 5.07 billion).
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SERBIA: OTP Group acquired Societe Generale
by Cosmin CONCEATU, 2019-10-03
The Serbian branch of OTP Group acquired Societe Generale Srbija, taking over the banking, insurance and leasing activities of the French group in Serbia.
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A.M. Best affirmed SCOR's Financial Strength Rating of 'A+ (Superior)'
by Cosmin CONCEATU, 2019-10-03
On September 25th, 2019, A.M. Best affirmed the Financial Strength Rating (FSR) of "A+ (Superior)" and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "aa-" of SCOR SE and its main operating subsidiaries.
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Croatian Insurance Days 2019 - Registrations are now open!
by Cosmin CONCEATU, 2019-10-02
The 2019 edition of "Croatian Insurance Days", the traditional meeting point of local and European insurance professionals, will be held in Opatija, Croatia, between 6th - 8th November 2019.
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Daisuke IWASE, AIA Group: "I'm not interested in doing innovation for the sake of innovation"
by Adina TUDOR, 2019-10-03
In 2006, years before Lemonade started to disrupt the insurance industry and the terms fintech and insurtech became known at large, Daisuke IWASE, Group Chief Digital Officer at AIA Group, co-founded the first digital life insurance company Lifenet in Japan.
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The 6th Annual Insurance Business Forum "Challenges of the Year 2019" held in Sochi
by team, 2019-09-27
September 16-18, 2019 at the Swissotel Sochi Kamelia 5 * (Sochi), the VI Annual Insurance Business Forum "Challenges of the Year 2019" was held.
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Register now for Insurance Europe debate on insuring mobility in the future
by press.release, 2019-10-03
Insurance Europe has announced that it will hold an event titled Insuring mobility - Today and tomorrow, on 16 October 2019 in Brussels.
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"Festival delle Assicurazioni" to be held in Milan, on 17-19 October
by Daniela GHETU, 2019-10-03
On 17-19 October Milan will become the capital city of the insurance business in Italy, with the first edition of "Milano Festival delle Assicurazioni , a three-day event organized by Milano Finanza in cooperation with other leading insurance publications and in collaboration with Accenture and entirely dedicated to the promotion of insurance values and ethics.
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STATISTICS: GREECE, 1H2019: Greek insurance market reported more than EUR 2 billion in first half GWP
by Andrei Victor, 2019-10-03
At the end of June 2019, the Greek insurance market totaled EUR 2 billion, up by 3.9% y-o-y, according to the preliminary market figures published by the Hellenic Association of Insurance Companies (HAIC).
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TURKEY: The state established Turk Re, the national reinsurer
by Cosmin CONCEATU, 2019-10-03
The State Treasury and Finance Ministry of Turkey have announced the establishment of "Turk Re" as the national reinsurer, as a part of country's new program of economy revitalization.
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ARMENIA: agroinsurance mechanism to be launched soon
by Marina MAGNAVAL, 2019-10-03
As Armenian Prime minister Nikol PASHINYAN announced, agricultural insurance is about to start in the country, and its mechanism will be operated in a test mode at the first stage to determine all possible weak points, ArmInfo reports.
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AZERBAIJAN: new life insurer registered - Mega Life Insurance
by Marina MAGNAVAL, 2019-10-03
New life insurer - Mega Life Insurance was registered by the Ministry of taxes of Azerbaijan. Charter capital of the new life insurer is AZN 11 million (~EUR 5.94 million), as Trend reports.
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Azerbaijani Compulsory Insurance Bureau pays over 69,000 manats
by Daniela GHETU, 2019-10-03
The Azerbaijani Compulsory Insurance Bureau paid 69,512 manats as part of the international insurance system Green Card in connection with a road accident on the Russian-Caucasian Federal Highway, Trend reports citing the bureau.
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GEORGIA: mandatory insurance of tourists is required to protect the state healthcare system
by Marina MAGNAVAL, 2019-10-03
Due to increasing spending on tourists, who visit the country without insurance policies, within the Georgian healthcare system, Georgia plans to start discussions on mandatory insurance for tourists, according to Devi KHECHINASHVILI, Head of Insurance Association of Georgia, as Georgia Today reports.
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KAZAKHSTAN: regulator sets the task of Solvency II introduction
by Marina MAGNAVAL, 2019-10-03
The National Bank of Kazakhstan has set the task of changing the country's insurance sector by introducing Solvency II standard in the forecast of economic development of Kazakhstan for 2020-2024, as Allinsurance.kz reports.
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RUSSIA: ROSGOSSTRAKH Life launched an innovative life insurance product
by Marina MAGNAVAL, 2019-10-03
ROSGOSSTRAKH Life launched sales of a new product that combines elements of investment and universal life insurance, ASN reports.
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RUSSIA: European Accident Statement within full MTPL amount is available throughout the country from October 1
by Marina MAGNAVAL, 2019-10-03
According to RAMI (Russian Association of Motor Insurers), from October 1 possibility to receive reimbursement within full MTPL insurance amount for the risk of damage to property will be available throughout the whole country. Before this possibility was given only to four territories.
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EVENTS |
Register for Baden-Baden XPRIMM Reception
by Mihaela CIRCU, 2019-10-03
Already on its 11th edition, the Baden - Baden XPRIMM Reception, the traditional event organized by XPRIMM during the Baden-Baden Meetings, will take place on Sunday, 20 October, at Kurhaus Casino, gathering re/insurance specialists from all over the world.
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ICAR 2019: Patrick DELALLEAU will share the French experience in dealing with NatCat risks
by Daniela GHETU, 2019-09-26
Climate change seems to be THE century's threat, even if many are not aware yet about the real impact and the dramatic consequences that this phenomenon may have for the future. Patrick DELALLEAU, Chief business Development Officer, CCR Re, France will talk at ICAR 2019 about the necessity to address the climate risk threat, showing what measures are currently taken in France for NatCat prevention.
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| STATISTIC
UPDATES |
| EVENTS |
8th AIDA Europe Conference
3-4 October, 2019
Lisbon, Portugal
Organizer:?AIDA
Media Partner:?XPRIMM Publications
For details:?aidainsurance.org
Annual National Reinsurers Summit
3 - 4 October 2019
St. Petersburg, Russia
Organiser: RNRC - Russian National Reinsurance Company
For details: en.rnrc.ru
ICAR Forum
8 October 2019
Intercontinental Hotel, Bucharest, Romania
Baden-Baden XPRIMM Reception
20 October 2019
Kurhaus Casino
Baden-Baden, Germany
Organizer: XPRIMM
For details:xprimmevents.com/baden/
Georgian Evening
20 October 2019
Baden-Baden, Germany
10th Annual WorldPensionSummit
22 - 24 October, 2019
Louwman Museum, the Hague, the Netherlands
Organizer:?P&I Events
Media Partner:?XPRIMM Publications
For details:?pionline.com/wps2019
Baden Baden Meetings 2019
20-24 October 2019
Baden Baden, Germany
For details: www.baden-baden-reinsurance.de
Seminar: International ratings for insurance companies: What are the procedures and metrics used by international CRAs?
5 November, 2019
Tashkent, Uzbekistan
Organizer:?RAEX
Media Partner:?XPRIMM Publications
For details:?Click here
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