|
|
TOP NEWS
|
VIG: GWP 0.4% down and a strong resilience for the first quarter of 2021
by Alexandra GUZUN, 2021-05-19
For the first quarter 2021, Vienna Insurance Group (VIG) reported an increase of profit (before taxes) by 5% to EUR 128 million compared to the same period of the previous year. The total premium volume reached EUR 3.11 billion and the Romania, Czech Republic and Poland segments recorded the highest absolute premium increase.
More
|
VIG Re delivers technical profitability in 2020 despite significant large losses
by Andrei Victor, 2021-05-17
In 2020, the reinsurer part of Austrian Vienna Insurance Group - VIG Re, posted gross written premiums of EUR 579 million, up by 10%. "Premiums growth is driven by continued franchise development in all regions, particularly business underwritten by the branches in Frankfurt a. M., Germany and Paris, France", as the reinsurer mentioned in a statement.
More
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Romania: The Competition Council greenlights GOTHAER take over by ALLIANZ-TIRIAC
by Alexandra GUZUN, 2021-05-20
The Competition Council of Romania has authorized the transaction through which ALLIANZ-TIRIAC Asigurari takes over the company GOTHAER Asigurari Reasigurari. The Romanian subsidiary of GOTHAER is active since 2012, but in recent months, the German Group has changed its strategic direction to focus on the home market.
More
|
Romania: SIGNAL IDUNA acquires part of the ERGO Group and increase the premiums by 50%
by press.release, 2021-05-20
The insurance company SIGNAL IDUNA ASIGURARE REASIGURARE announces as of May 20, 2021 the signing of an agreement for the acquisition of the companies ERGO Asigurari de Viata and ERGO Asigurari, part of the ERGO Group. The transaction will be subject to the approval of the Financial Supervisory Authority (ASF) and the Romanian Competition Council.
More
|
|
|
|
|
RUSSIA: ROSGOSSTRAKH Life assigned a national credit rating at AA.ru
by Marina MAGNAVAL, 2021-05-20
NKR national rating agency assigned ROSGOSSTRAKH Life a credit rating at AA.ru, outlook stable. As the agency notes, in 2021, the growth of the company's GWP will outstrip the market, and ROSGOSSTRAKH Life will maintain high profitability, according to the insurer's press release with reference to the NKR website.
More
???????????
|
|
|
|
|
ON THE MOVE
|
|
|
Laurent Rousseau will be the new CEO of SCOR and will succeed Denis Kessler
by Alexandra GUZUN, 2021-05-18
Staring with June 2021, SCOR will have a new Chief Executive Officer (CEO) after Denis Kessler's announcement to relinquish, for personal reasons, his duties as CEO. The Board changed the succession plan and named Laurent Rousseau to replaced Kessler, who will remain as Chairman of the Board of Directors.
|
Sascha Bruns has been appointed Head of Global Retrocession at Peak Re
by Alexandra GUZUN, 2021-05-18
Peak Reinsurance Company Limited (Peak Re), the Hong Kong-based global reinsurer, announced that Sascha Bruns has been appointed Director, Head of Global Retrocession. Mr. Bruns will lead the design and implementation of the company's retrocession strategy for global Property & Casualty business.
|
|
MARKET & TRENDS
|
|
|
|
|
VIDEO
|
|
|
|
|
STATISTICS
|
|
|
|
|
STATISTICS: Kosovo insurers posted a quarterly loss of over half million euro
by Andrei Victor, 2021-05-20
The insurance market of Kosovo totaled EUR 25.7 million at the end of Q1 2021, 12.5% more y-o-y, according to data provided by the Central Bank (CBK).The figures reveal that the quarterly aggregate market result was negative, the 13 local insurers reporting a net loss of EUR -0.6 million, from a net profit of EUR 2.1 million at the end of March 2020.
More
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EVENTS
|
|
|
CURRENT XPRIMM REPORTS
|
|
|
