TOP NEWS
|
|
|
|
|
|
|
Romania: MTPL market expanded by 122% in Q1 2022
by Andrei Victor, 2022-05-09
Romanian MTPL market continues the consolidation that began in the latter part of last year after the bankruptcy of CITY Insurance. Data reported by insurance companies and aggregated by the Financial Supervisory Authority show that in the first three months of 2022 gross written premiums (GWP) reached RON 2.47 billion, informed ASF. In Q1 2021, the Romanian MTPL market totaled RON 1.11 billion, according 1asig.ro.
More
|
|
|
|
|
GEORGIA: Insurance Association: transition to post-COVID period won't be easy
by Marina MAGNAVAL, 2022-05-10
Speaking about the results of the insurance market for the first quarter of 2022, the head of the Georgian Insurance Association, Devi KHECHINASHVILI, noted: "The main thing that can be said about the data for the first quarter is that we are holding on. Further, it will also be difficult, and transition to the post-COVID period will not be easy," Business Georgia wrote.
More
|
|
|
|
|
|
|
2022 winner of the Geneva Association Women in Insurance Award
by Daniela GHETU, 2022-05-12
The Geneva Association announced the winner of the 2022 Geneva Association Women in Insurance Award: Anne FORTIN, Executive Vice President, Direct Distribution and Chief Marketing and Communications Officer, Intact Financial Corporation (IFC).
More
|
AXA reports Q1 revenue growth to EUR 31.3 billion
by Daniela GHETU, 2022-05-09
French re/insurance group AXA has reported revenue growth of 1% to EUR 31.3 billion in the first quarter of 2022, reflecting growth in P&C, personal lines and health and a reduction in life & savings.
More
|
SCOR posted net loss of EUR 80 million in Q1 2022
by Andrei Victor, 2022-05-09
French reinsurer SCOR reported Net loss of EUR 80 million in Q1 2022, compared with EUR 45 million net income in Q1 2021, while the value of gross written premiums of EUR 4.72 billion in Q1 2022, was up by 9.7% compared with Q1 2021.
More
|
Swiss Re posts Q1 net loss of USD 248 million
by Andrei Victor, 2022-05-09
Reinsurer Swiss Re reported a net loss of USD 248 million for the first quarter of 2022, compared with a net income of USD 333 million for the same period last year.
More
|
Talanx posted double-digit growth rate in Q1 GWP
by Andrei Victor, 2022-05-09
German insurance group Talanx posted Q1 2022 GWP worth EUR 15.9 billion, up by 16.5% y-o-y. Operating profit (EBIT) rose to EUR 630 million (vs. EUR 625 million), while group net income was EUR 256 million (vs. EUR 277 million) due to a higher tax burden and was attributable in almost equal measure to the primary insurance (47%) and reinsurance (53%) areas.
More
|
|
|
|
|
Sanlam and Allianz join forces to create African insurance giant
by Andrei Victor, 2022-05-09
Sanlam, the largest non-banking financial services company in Africa, and Allianz, one of the world's leading insurers and asset managers with a century of history in Africa, have agreed to combine their current and future operations across Africa to create the largest Pan-African non-banking financial services entity on the continent
More
|
|
MARKETS & TRENDS
|
ALLIANZ TRADE: Eurozone inflation: How bad can it get?
by Daniela GHETU, 2022-05-12
The Eurozone is facing the highest price pressures since the 1970s, a recent study released by Allianz Trade shows. Headline inflation reached 7.5% y/y in April (up from 7.4% y/y in March), with almost 60% explained by energy inflation. Europe has been hit particularly hard, given its stronger reliance on energy imports and the recent depreciation of the euro to a five-year low against the US dollar. How bad can it get?
More
|
STATISTICS
|
|
|
ON THE MOVE
|
Supervisory Board of Allianz SE newly elected
by Andrei Victor, 2022-05-09
At the Annual General Meeting of Allianz SE held a last week, a new Supervisory Board was elected as scheduled. Rashmy Chatterjee, Chairwoman of the Board of Management of ISTARI Global Ltd, London, was elected to the Supervisory Board for the first time, while Sophie BOISSARD, Christine BOSSE, Michael DIEKMANN, Friedrich EICHINER and Herbert HAINER were re-elected.
|
|
|
|
|
Karin BOS to be the new chair of Achmea's Non-life division
by Andrei Victor, 2022-05-09
Achmea has appointed Karin BOS as chair of the Non-life division from 9 May 2022. She has been Director P&C Insurance Retail in the division since 2016. Karin BOS succeeds Michiel DELFOS, who recently joined Achmea's Executive Board.
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
EVENTS
|
|
|
CURRENT XPRIMM REPORTS
|
|
|
