TOP NEWS
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KAZAKHSTAN: new draftlaw to ensure dynamic growth and development of the insurance market
by Marina MAGNAVAL, 2022-06-15
On June 09, 2021, the Chairman of the Agency of the Republic of Kazakhstan for the regulation and development of the financial market, Madina ABYLKASYMOVA, presented the draft Law "On Amendments and Additions to Certain Legislative Acts of the Republic of Kazakhstan on the Regulation and Development of the Insurance Market, the Securities Market, and Banking", reports Allinsurance.kz.
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KAZAKHSTAN: in April 2022, insurance sector's assets decreased by 0.7% to KZT 1.9 trillion
by Marina MAGNAVAL, 2022-06-15
In April 2022, the assets of the insurance sector decreased by 0.7% and as of May 1 amounted to KZT 1.9 trillion (EUR 4.02 billion). The decrease in assets in April was mainly due to a decrease in cash and deposits placed in second-tier banks, according to the Agency for Regulation and Development of the Financial Market of the Republic of Kazakhstan.
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STATISTICS
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STATISTICS: POLAND 1Q2022: GWP worth ~EUR 4 billion vs. paid claims of EUR 2.5 billion
by Andrei Victor, 2022-06-16
Polish insurance market reported Q1 2022 aggregate GWP worth PLN 18.14 billion (EUR 3.9 billion), 2.89% more y-o-y according to the quarterly statistics published by Polish KNF (Financial Supervision Authority). At the same time, claims and benefits paid by local insurers increased by 12.82% y-o-y to PLN 11.53 billion (~EUR 2.5 billion) from PLN 10.24 billion a year before.
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VIDEO INTERVIEW
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TOP EVENT
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STAND BY UKRAINE
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Where can Ukrainian drivers buy Green Card policies?
by Daniela GHETU, 2022-06-16
For the use of Ukrainian refugees in need of acquiring Green Card policies so that they can continue using their cars in the host countries, the Motor (Transport) Insurance Bureau of Ukraine has communicated the list of Ukrainian insurers providing Green Card insurance online.
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ON THE MOVE
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WTW appoints Timothy Pratt to its Insurance Consulting and Technology business
by Andrei Victor, 2022-06-15
Global insurance brokerage firm WTW announced the appointment of Timothy Pratt as Director, Actuarial Property & Casualty (P&C), in its Insurance Consulting and Technology (ICT) business. In this role, Timothy Pratt will be responsible for leading project teams focused on designing and implementing client reserving solutions.
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EVENTS
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CURRENT XPRIMM REPORTS
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