TOP NEWS
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Kiril BOSHOV: EIG targets an aggregated GWP volume of EUR 1 billion in 2022
by Daniela GHETU, 2022-02-23
"After the very challenging 2020, extremely impacted by the COVID pandemics, in 2021 the Group returned on a growth path. I would mention just one figure - we achieved more than EUR 700 million in gross written premiums, which is a nearly 50% growth compared to the pre-COVID year. This is a record growth since the establishment of the Euroins Insurance Group, almost 25 years ago," Kiril BOSHOV, CEO & Co-founder, Euroins Insurance Group stated in an interview for XPRIMM.
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SCOR completes its largest longevity transaction to date
by Andrei Victor, 2022-02-21
French reinsurer SCOR announced the completion of a GBP 5.5 billion longevity reinsurance transaction covering liabilities of over 17,000 members of the Lloyds Bank No. 1 Pension Scheme. The transaction protects the trustee of the scheme by transferring the risk that members live longer than expected. SCOR was advised by global law firm CMS and WTW was the adviser to the Trustee for the transaction.
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INTERVIEW
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Julia KHMELNITSKAJA, Deputy CEO Willis CIS
by Marina MAGNAVAL, 2022-02-24
As in previous years reinsurers are struggling with macroeconomy, including investment environment. Yet, the market further progressed in the period of "THE GREAT UNCERTAINTY"
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STATISTICS
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STATISTICS: Estonian insurers posted YE2021 aggregate GWP of almost half billion euro
by Andrei Victor, 2022-02-23
Last year, Estonian insurance market totaled EUR 486.3 million in terms of GWP, up by 3.7% y-o-y, according to FY2021 market figures published by the Estonian National Statistics Board. The life insurance segment increased by 1.5% y-o-y to EUR 86.8 million, while in the case of non-life insurance market, the GWP amounted to EUR 399.5 million (82.1% of total), up by 4.2% y-o-y.
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ON THE MOVE
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Green light from HANFA for two CO SB members
by Andrei Victor, 2022-02-23
Croatian largest insurer CROATIA Osiguranje (CO) announced on the website of Zagreb Stock Exchange (Zagrebacka burza d.d.) that the Governing Board of the Croatian Financial Services Supervisory Agency (HANFA) adopted a decision granting authorisation to Roberto Skopac and Hrvoje Patajac to perform the function of a member of the Supervisory Board of the Company.
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Marsh McLennan appoints Hafize Gaye ERKAN to its BoD
by Andrei Victor, 2022-02-21
Marsh McLennan announced that on nn February 11, 2022, the Board of Directors of the company appointed Hafize Gaye ERKAN, as Director effective on March 1, 2022. With Erkan's appointment, the Company's Board will consist of 14 Directors.
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TOP EVENTS
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EVENT: 'Digitalization' in the Insurance sector takes spotlight at the Fourth edition of InsureTek 2022.
by Irina GHETU, 2022-02-21
Schedule from 9th - 10th Febuary 2022, the fourth edition of the InsureTek 2022, successfully concluded in Dubai. Organized by Biz Events Management, the event brought together top industry stakeholders, decision makers and experts under a single roof. Dr. Haidar Al Yousuf, Managing Director Al-Futtaim Health, Ex CEO Health Funding - Dubai Health Authority and Ali Fareed Lutfi, Head of Payer Regulation, Dubai Health Authority were the esteemed guests at the event. PRIMM supported the event as a Media Partner.
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EVENTS
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CURRENT XPRIMM REPORTS
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