TOP NEWS
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by Daniela GHETU, 2022-08-18
Austria based Vienna Insurance Group (VIG) ended the first half of 2022 with strong premium and profit growth and very good combined ratio: while GWP went up by 11.6% to EUR 6.44 billion, the profit before taxes increased by 10.3% to EUR 277.3 million, supported by the improving technical indicators.
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by Daniela GHETU, 2022-08-18
Insurance Europe has responded to a consultation conducted by the International Association of Insurance Supervisors (IAIS) on draft criteria to assess whether the Aggregation Method (AM) provides comparable outcomes to the Insurance Capital Standard (ICS).
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by Daniela GHETU, 2022-08-18
Almost every third of the drivers that responded to the latest driver awareness survey organized by the Polish Chamber of Insurance (PIU) consider that speeding by 30 km/h is not dangerous despite being one of the main causes of road accidents, right after forcing the right of way.
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by Daniela GHETU, 2022-08-18
Slovenian Sava Insurance Group generated a net profit of EUR 28.9 million in 1H2022, which is 48.2% of the annual target. The Group achieved operating revenue of EUR 364.2 million, representing 52.0% of the full-year target, the Group announced.
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by Adina TUDOR, 2022-08-18
At the beginning of October, over 200 leading insurance and legal professionals, academics and regulators from over 30 countries will be participating in Zurich for the 9th AIDA Europe Conference.
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by Marina MAGNAVAL, 2022-08-18
For seven months of this year, from January to July, compulsory health insurance increased by 40.5% compared to the same period last year, up to AZN 458.6 million (~EUR 263.56 million). The forecast was fulfilled by 103.3%, Trend wrote.
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by Marina MAGNAVAL, 2022-08-18
Insurance company Ardi, one of the top 5 insurers in Georgia in 1Q2022, signed an investment agreement with the multinational investment fund Gazelle Finance, as a result of which the fund became a strategic shareholder of Ardi, Business Georgia.reports.
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by Marina MAGNAVAL, 2022-08-18
As of July 1, 2022, the assets of the insurance sector of Kazakhstan increased by 5% to KZT 1.97 trillion (EUR 4.05 billion), as the update to the previous news says.
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by Marina MAGNAVAL, 2022-08-18
In August 2022, Olga MAKSIMCHUK voluntarily completed her work at the National Bank of Ukraine (NBU) as Director of the Department for Supervision of the Non-Banking Financial Services Market,
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by Daniela GHETU, 2022-08-18
For a second-straight year Munich Re holds the top spot in AM Best's annual ranking of the Top 50 Global Reinsurance groups in 2021, followed by Swiss Re Ltd. The two global reinsurers together account for 24.3% of top 50 reinsurance gross premiums written in 2021.
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ON THE MOVE
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by Daniela GHETU, 2022-08-18
Georgian insurer ARDI announced the appointment of Mr. Wolfgang Wand as the Executive Deputy of the Ardi Supervisory Board.
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