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XPRIMM News No. 612, 06 October 2022

Insurance Newsletter No. 612, 06 October 2022
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TOP NEWS

by Daniela GHETU, 2022-10-05
Insurance Europe has published a set of key messages on the European Commission's proposal to extend the validity of the Motor Vehicle Block Exemption Regulation (MVBER) by five years, which it welcomes, the European federation of insurers said in a press release.
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by Daniela GHETU, 2022-10-06
Allianz-Tiriac, one of the largest insurers in Romania, has developed the first complete car insurance product (MTPL and MoD insurance), intended for plug-in electric and hybrid cars.
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by Marina MAGNAVAL, 2022-10-05
On September 29 and 30 the Association of Insurance Companies in the Federation of Bosnia and Herzegovina organized in Sarajevo the second conference "Days of Insurance in BiH", which brought together domestic and foreign experts from the insurance industry, nados.ba wrote.
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by Marina MAGNAVAL, 2022-10-05
This year's Serbian Insurance Days will be held on 15-18 November in Zlatibor - the most important and probably the most attractive tourist destination in Serbia, in the "Zlatibor Mountain Resort&SPA" hotel, the Association of Serbian Insurers informed.
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by Marina MAGNAVAL, 2022-10-05
Total amount of paid claims in Azerbaijan from January to August 2022 reached AZN 283.67 million (~EUR 164.92 million), while AZN 238.21 million or 84% fell on 5 insurance companies only, ABC.AZ reports citing Renkinq.
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by Andrei Victor, 2022-10-05
UniCredit and Allianz announced that they have signed a framework agreement and two share purchase agreements related to their respective footprints in Croatia, with the intention to unwind their direct and indirect shareholdings in the country.
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by Daniela GHETU, 2022-10-06
Munich Re has acquired apinity GmbH, a start-up that supplies application programming interface (API) solutions in the form of Software as a Service (SaaS) for the insurance industry's entire ecosystem.
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by press.release, 2022-10-06
SCOR Investment Partners is pleased to announce an intermediary closing of the fourth vintage of its senior secured infrastructure debt strategies, SCORLUX Infrastructure Loans IV, with commitments of EUR 320 million.
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ON THE MOVE

by XPRIMM, 2022-09-30
The General Assembly of UNSAR - the National Union of Insurance and Reinsurance Companies in Romania, an organization to which 20 insurance companies representing about 90% of the insurance market belong - appointed on Thursday, by vote, the members of the Board of Directors for the next three years.

by Andrei Victor, 2022-10-05
German insurer Allianz announced changes to its divisional setup, effective January 1, 2023, in order to "accelerate its strategy of simplicity at scale and to align the expertise of its safeguarding functions".

by Daniela GHETU, 2022-10-06
Zurich Insurance Group (Zurich) announced the appointment of Raul Vargas as CEO of Farmers Group, Inc., a wholly owned subsidiary, and as a member of the Zurich Group Executive Committee. The change will be effective January 1, 2023.

INTERVIEW

by Daniela GHETU, 2022-10-06
So far, the insurance market has shown good resilience through several shocks, from the earthquakes to the pandemic. AFSA took a proactive approach in both crises, by increasing the frequency of reporting and supervision, closely monitoring liquidity and solvency ratios to ensure market stability.
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STATISTICS

by Marina MAGNAVAL, 2022-10-06
The CIS Regional Insurance Market* ended 1H2022 up 45% y-o-y in EUR, reaching EUR 18.67 billion, according to xprimm statistics.
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by Daniela GHETU, 2022-10-06
Romanian insurers achieved GWP worth RON 8.76 billion (EUR 1.77 billion), in 1H2022, data provided by the supervising authority show. Considering also GWP by companies operating in Romanian based on the Freedom of Service (FOS) and Freedom of Establishment (FOE) rights, the total value of the local market climbs to EUR 1,92 billion.
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VIG

Omniasig

ERGO


EVENTS

WorldPensionSummit 2022
Location: Louwman Museum, The Hague, The Netherlands & Virtual2-4 November 2022Media Partner: XPRIMM PublicationsFor details: www.pionline.com/wps2022


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