 TOP
NEWS |
The latest issue of XPRIMM Insurance Report and Insurance Profile, to be launched at Baden-Baden
by Adina TUDOR, 2019-10-17
Four new XPRIMM Publications will be officially launched during the Baden-Baden XPRIMM Reception, taking place on 20 October, in Baden-Baden, Germany.
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STATISTICS: CEE, 1H2019: Bulgaria - highest growth rate in the region; Hungary - the Top 5 highest increase in GWP
by Daniela GHETU, 2019-10-17
CEE insurance markets maintained a positive trend in 1H2019. Overall, GWP went up by 6.11%, to EUR 19.86 billion. Paid claims grew at a similar pace, reaching EUR 11.75 billion (6.48% up y-o-y). Although at individual level the growth rates across the CEE countries were uneven, their weight in the regional GWP portfolio didn't change significantly.
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S&P re-confirms A+ rating with stable outlook for VIG Re
by press.release, 2019-10-17
On October 15, 2019, the international rating agency Standard & Poor's confirmed its long-term public issuer credit rating of "A+" and financial strength rating of "A+" with stable outlook for VIG RE zajistovna, a.s., affirming the same rating VIG Re has enjoyed since its founding in 2008.
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Swiss Re and Pioneer ready to launch innovative telematics solution for insurers
by Daniela GHETU, 2019-10-17
Swiss Re and global car electronics company Pioneer have co-developed an innovative telematics solution that will be integrated in Swiss Re's Coloride app and is set to be launched globally early next year, Swiss Re has announced.
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STATISTICS: BiH, 1H2019: paid claims for the fire insurance line increased two and a half times y-o-y
by Daniela GHETU, 2019-10-17
Insurers of Bosnia & Herzegovina have reported GWP worth EUR 195.7 million at the end of 1H, 6.65% more y-o-y. Life insurance recorded an above average growth rate, of 10%, which rounded its share in the market portfolio to 20%.
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CZECHIA: CNB sets up Insurance and Pension Supervision Department
by Cosmin CONCEATU, 2019-10-15
Czech National Bank (CNB) established a new Supervision Department for Insurance Companies and Pension Companies, as part of the Financial Market Supervision Department, which splits from the Prudential Supervision Department, starting October 1st, 2019.
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STATISTICS: SLOVAKIA, 1H2019: despite increasing claims expenses, the market remained profitable
by Cosmin CONCEATU, 2019-10-17
The Slovak market finished the first semester of 2019 with a GWP volume of EUR 1,166 million (+2.6%), paid claims and benefits amounting to EUR 697 million (+7.1%) and a net profit at market level of EUR 68 million (-21.5%). Life sector held a share of 43.2% in total GWP, while the rest of 56.2% of GWP was brought by non-life business lines.
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ARMENIA: January-September GWP of Export Insurance Agency of Armenia up 1.76 times y-o-y
by Marina MAGNAVAL, 2019-10-16
From January to September 2019, the GWP of the Export Insurance Agency of Armenia increased by 1.76 times, to AMD 6.28 billion (~EUR 12 million), according to Tigran KHACHATRYAN, the Armenian Minister of economy, as ArmInfo reports.
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AZERBAIJAN: the country to expand cooperation with Iran in insurance sector
by Marina MAGNAVAL, 2019-10-17
Over the past year, more than 70% trade growth between Azerbaijan and Iran indicates the development of mutual relations, both countries being keen on the implementation of mutually beneficial business projects, in a bid to stimulate trade volume, according to the Iranian Minister of Economic Affairs and Finance, Farhad DEJPASAND.
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GEORGIA: TBC Insurance was the fastest growing insurer in 2017 and 2018
by Daniela GHETU, 2019-10-17
Georgian TBC Insurance ended 1H2019 with GWP worth GEL 39.3 million (EUR 12.03 million) and a net profit of GEL 5.96 million (EUR 1.82 million), which is 42% up y-o-y, in local currency. The growth rate achieved in GWP was close to 20% (in GEL), which qualifies the company as the fastest growing in the Georgian market in 2017 and 2018.
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RUSSIA: higher amount of life and health indemnities may lead to 15% increase in MTPL claims
by Marina MAGNAVAL, 2019-10-16
From January to September 2019, the paid claims for life and health in MTPL events amounted to 5% of all the segment's paid claims, ASN reports.
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UKRAINE: Fairfax to acquire an additional 29% stake in UNIVERSALNA
by Marina MAGNAVAL, 2019-10-17
Canadian Fairfax Financial Holdings announced its intention to acquire about 29% of the shares of UNIVERSALNA, as Forinsurer reports with reference to the stock market information.
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The XVIII Annual November Business Meetings (NBM) for Reinsurers to take place on November 20-21, 2019, in Moscow
by team, 2019-10-11
The November Business Meetings for Reinsurers, one of the main business venues in Russia, will take place in Moscow, between 20-21 November 2019.
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| On the move |
EIOPA appoints two members of the IRSG
by press.release, 2019-10-15
The Board of Supervisors of the European Insurance and Occupational Pensions Authority (EIOPA) appointed two new members with immediate effect and for the current mandate of the IRSG.
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PartnerRe appoints new CFO and COO
by Cosmin CONCEATU, 2019-10-11
PartnerRe Ltd. announced that Mario BONACCORSO, Executive Vice President and Chief Financial Officer, will retire on March 31st, 2020 to pursue a new entrepreneurial venture outside the company.
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Aon's Lori GOLTERMANN elected to CIAB's Board of Directors
by press.release, 2019-10-15
Aon announced that Lori GOLTERMANN, CEO, U.S. Commercial Risk and Health Solutions of Aon, was elected to the Board of Directors of The Council of Insurance Agents & Brokers (CIAB).
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UZBEKISTAN: Kamoliddin TALIPOV appointed Head of the Insurance Market Development Agency
by Marina MAGNAVAL, 2019-10-17
Kamoliddin TALIPOV, who previously served as Chairman of the Supervisory Board of SILK CAPITAL, an investment banking and securities transaction company, was appointed Head of the Insurance Market Development Agency under the Ministry of Finance, according to UzReport.news.
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Gerald HARLIN appointed as Executive Chairman of AXA IM
by press.release, 2019-10-15
AXA announced today that Gerald HARLIN, Group Deputy CEO and Group CFO, will be appointed Executive Chairman of AXA IM, effective December 1, reporting to Thomas BUBERL, CEO of AXA.
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Thomas WELLAUER to join Aegon's Supervisory Board
by Cosmin CONCEATU, 2019-10-11
Aegon announced that Thomas WELLAUER will be nominated for appointment to the Supervisory Board for a four-year term.
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Tjeerd BOSKLOPPER appointed as CEO of NN Netherlands
by Cosmin CONCEATU, 2019-10-11
NN Group announced the intended appointment of Tjeerd BOSKLOPPER as CEO Netherlands ad interim. The appointment is subject to approval by the Dutch Central Bank, and is expected to be effective as from early November 2019.
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| TOP
EVENTS |
| INTERVIEW |
 Mr. Jan Grzegorz Pradzynski,
President of the Board,
The Polish Chamber of Insurance
by Daniela GHETU, 2019-10-17
Digitalization opens numerous doors to the economy. But behind those doors, there are guards in the form of the GDPR, supervision authorities and various regulations. Consequently, digitalization can’t be a concept hanging in the vacuum. Changes in law are needed to make the use of technology possible for and beneficial to consumers.
More |
| STATISTIC
UPDATES |
| EVENTS |
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
Croatian Insurance Days 2019
Croatian Insurance Days 201
6 - 8 November 2019, Opatija, Croatia
Organizer: Croatian Insurance Bureau (HUO)
Media Partner: XPRIMM Publications
For details: http://www.dani-osiguranja.huo.hr
Bancassurance Asia Masterclass 2019
12 - 14 November 2019 Kuala Lumpur, Malaysia Organizer:?Equip Global Pte Ltd
Media Partner:?XPRIMM Publications
For details:?equip-global.com
DIA Munich
20-21 November 2019?? Munich, Germany Organizer: DIA Media Partner: XPRIMM Publications
DIA Hong Kong
11-13 December 2019 Hong Kong Organizer: DIA Media Partner: XPRIMM Publications
Bancassurance Sales Training Masterclass 2020
15 - 17 January 2020
Bangkok, Thailand
Organizer:?EQUIP Global
Media Partner:?XPRIMM Publications
For details:?equip-global.com?
Bancassurance Masterclass Africa 2020
11 - 13 February 2020
Johannesburg, South Africa
Organizer:?EQUIP Global
Media Partner:?XPRIMM Publications
For details:?equip-global.com |
| CURRENT
XPRIMM REPORTS |
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