TOP NEWS
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Eurohold posted YE 2020 stable revenues despite Coronavirus pandemic
by Andrei Victor, 2021-03-16
Bulgarian financial holding Eurohold, the owner of Euroins Insurance Group, announced stable revenues in 2020 compared to the financial results in 2019 when the economy was growing, according to the holding's preliminary consolidated unaudited financial report for the last year.
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The insurance industry considers that the ESG data should be improved
by Alexandra GUZUN, 2021-03-18
Insurance Europe has responsed to the European Commission consultation on the establishment of a European Single Access Point (ESAP) for environmental, social and governance (ESG) data, as there is an increasing importance for investors to access the non-financial information.
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RUSSIA: in 2020 agroinsurance increased by 43% y-o-y
by Marina MAGNAVAL, 2021-03-16
Among all segments of property insurance in Russia in 2020, agroinsurance was one of the fastest growing - its volume increased by 43% to RUB 8.1 billion (~EUR 89.32 million*), the National Association of Agriculture Insurers (NAAI) reported.
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RUSSIA: On April 14-15, 2021 the 25th Annual Reinsurance Conference will be held in Moscow
by Marina MAGNAVAL, 2021-03-18
The 25th Annual Reinsurance Conference will be held in Moscow on April 14-15. The insurance market today is going through active changes. The state of the insurance and reinsurance industry, its further development in the face of "post-COVID" realities, pricing policy, risk appetites of international companies, new opportunities will be discussed by the Conference participants.
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INTERVIEW
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STATISTICS
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STATISTICS: RUSSIA, FY2020: Despite a decrease in GWP and paid claims in the second quarter, by the end of the year GWP increased by about 4%, and paid claims - by 8% (in local currency)
by Marina MAGNAVAL, 2021-03-18
By the end of 2020, Russian insurance market grew by about 4% to RUB 1.53 trillion (~EUR 16.97 billion*), which, despite the pandemic, is a good result, given that there was absolutely no growth in 2019. Total amount of collected GWP reached 1.45% of GDP, according to the data published by the Bank of Russia.
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Slovak Rep., SLASPO: Less GWP but more profits during 2020
by Andrei Victor, 2021-03-15
The YE2020 preliminary figures on insurance activity published by SLASPO (the proffesional association of Slovak insurers) show that the insurers active on local market (domestic and EU branches) generated during last year less premiums, but they were more profitable.
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ON THE MOVE
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Aegon appoints Will Fuller as President and CEO of Transamerica
by Andrei Victor, 2021-03-15
Will Fuller, formerly Executive Vice President of Lincoln Group will succeed Mark Mullin as President and CEO of Transamerica, and as a member of the Management Board of Aegon, effective March 31, 2021, as the Dutch insurer Aegon announced in a statement.
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Buckingham to join AIG for the new created EVP position
by Andrei Victor, 2021-03-15
American International Group announced that Lisa M. Buckingham will join the company in April 2021 in the newly created role of Executive Vice President, Global Head of AIG Enterprise Design and Life & Retirement Separation Initiatives. Based in New York, she will report to President and Chief Executive Officer, Peter Zaffino.
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EVENTS
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CURRENT XPRIMM REPORTS
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