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TOP NEWS
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Third capital increase for Euroins Romania, of over EUR 24 million
by Daniela GHETU, 2021-09-16
Euroins Romania's shareholders approved a new capital increase amounting to over EUR 24 million (RON 120 million), the third in recent months. The most recent audit showed that Euroins Romania exceeded all financial indicators set by law, with the SCR at 118.5% and the coverage of the MCR at 278.4%.
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Agreement signed for EBRD to become shareholder of Euroins
by Daniela GHETU, 2021-09-10
European Bank for Reconstruction and Development (EBRD) and Eurohold, owner of Euroins Insurance Group - a regional player operating on 13 CEE and CIS countries, have signed an agreement by which EBRD aims to take over a minority stake in Euroins insurance operations.
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MTPL tarrifs' liberalization in Bosnia & Herzegovina postponed
by Daniela GHETU, 2021-09-16
Government of the Federation of Bosnia and Herzegovina (FBiH) approved an amendment to the Law on Compulsory Traffic Insurance, which extends the use of the common tariff by one year (until end of October 2023), while full tariffs liberalization was pushed until November 1, 2026, wrote osiguranje.hr.
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Finaccord: Mobile phone insurance policies can innovate by adding cyber protection
by Daniela GHETU, 2021-09-14
While people increasingly depend on their mobile phones, threat of cyber-attack is increasing, most consumers remaining unprotected from the risk of malware attacks or fraudulent use of their phones because mobile phone protection is usually limited to the sort of cover offered by extended warranties, a Finaccord report said.
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Lloyd's posted H1 profit of GBP 1.4 billion
by Andrei Victor, 2021-09-13
Loyd's of London re/insurance marketplace posted H1 2021 GGWP of GBP 20.5 billion (vs. GBP 20.0 billion) "due to an increase in premium rates, high customer retention and new growth for the first time in four years".
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CCN broadens the scope of activities with 'CCN Survey'
by Daniela GHETU, 2021-09-15
In a period of rapid changes in the industry, the need for taking the pulse of change and identifying the opinions of both business peers and public is increasing, thus higher demand for surveys all over Europe. CCN decided to continue and expand its range of survey services through 'CCN Survey'.
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MARKETS & TRENDS
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New opportunities for Russian insurers in ESG
by XPRIMM, 2021-09-14
ESG and sustainability have gained huge attention within Russian media and politics in recent months, argues Gepa Jansen,
Operational Leader Team Russia & CIS at Swiss Re in the following article. Read her opinion oin the opportunities that ESG brings to the Russian insurance market.
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STATISTICS
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ON THE MOVE
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MetLife names Michael ROBERTS as Chief Marketing Officer
by Andrei Victor, 2021-09-13
MetLife announced that Michael ROBERTS will join the company as Executive Vice President and Chief Marketing Officer, effective Nov. 2, 2021, and subject to necessary approvals. He will report to President and Chief Executive Officer Michel KHALAF.
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Aon combines facultative reinsurance broking teams in Asia Pacific
by Andrei Victor, 2021-09-13
Re/insurance broker AON announced that the facultative reinsurance broking team within Aon's Singapore Broking Centre and Reinsurance Solutions' APAC facultative team have combined to create a united facultative reinsurance broking team to serve Aon's clients in the Asia Pacific region. The newly combined team is part of Aon's Reinsurance Solutions.
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EVENTS
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CURRENT XPRIMM REPORTS
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