TOP NEWS
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Six weeks to FIAR 2022. See who are the speakers! by Daniela GHETU, 2022-04-07 Six weeks before its debut, the 23rd edition of FIAR - the International Insurance-Reinsurance Forum aligns an exceptional team of international speakers for the four highly informative conferences in its agenda. FIAR 2022 will take place in Bucharest, at the Sheraton Hotel, on 22-24 May, in a hybrid format. More
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Eurohold owns 99% of CEZ Distribution and 97% of CEZ Electro by Andrei Victor, 2022-04-04 The energy subholding of Eurohold Bulgaria AD - Eastern European Electric Company B.V. (EEEC), which acquired CEZ Group's companies in Bulgaria in 2021, lifted the stake it holds in the capital of CEZ Distribution Bulgaria AD and CEZ Electro Bulgaria AD to nearly 99% and 97%, respectively. More
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Serbia: Vienna Insurance Group founds assistance company by Daniela GHETU, 2022-04-07 The planned foundation of Global Assistance Belgrade in April 2022 will raise the number of the Group's own digital customer service companies assisting Vienna Insurance Group (VIG) customers in already 11 markets. The new assistance company is set to be fully operational by the end of 2022. More
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Generali controls its Indian life joint venture with 68% stake by Andrei Victor, 2022-04-04 Italian insurer Generali announced it now controls its life joint venture in India with 68% stake after it completed the acquisition of the entire stake (around 16%) held by Industrial Investment Trust Limited (IITL) in Future Generali India Life (FGIL) and the subscription of additional shares in FGLI, following receipt of all necessary approvals from the relevant regulatory and competition authorities. More
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AZERBAIJAN: in January-February the market rose 11% y-o-y by Marina MAGNAVAL, 2022-04-04 For the first two months of 2022, GWP of 20 insurance companies in Azerbaijan amounted to AZN 178.30 million (~EUR 93.65 million*), which is 11.1% more y-o-y. At that the insurers collected AZN 143.13 million (+21.6%) in voluntary insurance, ABC.AZ reports citing the Central Bank's figures. More
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MOLDOVA: in the spring of 2022, the number and size of agroinsurance contracts dropped sharply by Marina MAGNAVAL, 2022-04-04 According to the information of brokers of insurance companies in Moldova, in the spring of 2022, the number and size of insurance contracts concluded by agricultural producers dropped sharply. Among the reasons, there is a decrease in industry profitability throughout the 2021-2022 season, as well as a sharp rise in the cost of all production resources in late 2021 and early 2022, EastFruit reports. More
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