TOP NEWS
|
|
|
by Andrei Victor, 2023-04-27
French reinsurer SCOR announced positive results during the April 2023 renewals. "Like the January 2023 renewals, the April 1, 2023 P&C reinsurance renewals are taking place in a favorable market environment for reinsurers, both in terms of pricing and terms and conditions. In this supportive market, SCOR is actively pursuing the deployment of its capital by building on its relationships with its long-term clients".
More
|
|
|
by Andrei Victor, 2023-04-27
Marsh McLennan - MMC - the global provider in the areas of Risk & Insurance Services and Consulting sector posted Q1 2023 consolidated revenue worth USD 5.9 billion, an increase of 7% compared with the first quarter of 2022.
More
|
|
|
by Daniela GHETU, 2023-04-27
The EU has a problem with climate catastrophe insurance: only a quarter of the losses from climate-related disasters are covered. Greater coverage could reduce the economic damage that results from them, a joint ECB-EIOPA post reads, overviewing the ways to make this happen.
More
|
|
|
by Marina MAGNAVAL, 2023-04-27
Croatian Insurance Days will take place in Opatija, Amadria Park Grand Hotel 4 Opatija Cvijeta, organized by the Croatian Insurance Agency from May 3 - 5, 2023, svijetosiguranja.eu wrote.
More
|
|
|
by Daniela GHETU, 2023-04-27
RENOMIA, a leading Central European risk management, insurance and claims management consultancy, has acquired a majority stake in Renewable Energy Insurance Broker (REIB), a Bulgarian company specialising in the insurance of renewable energy sources, particularly solar and wind power plants. RENOMIA, which celebrates its 30th anniversary this year, maintains dynamic growth through a combination of organic growth and M&A.
More
|
|
|
by Marina MAGNAVAL, 2023-04-27
Last year, traffic insurance intermediaries operating at the Estonian Traffic Fund (LKF) settled 134 disputes between insurers and clients, 75% of which ended in an agreement, the Association of Estonian Insurance Companies (EKsL) wrote.
More
|
|
|
by Marina MAGNAVAL, 2023-04-27
"Gradual and timely alignment with EU regulations in insurance is the best way to meet the standards and requirements of the new Solvency II regulatory regime", as was emphasized at the meeting of the leadership of the Insurance Supervisory Agency (ANO) and the Austrian Financial Services Supervisory Agency (FMA).
More
|
|
|
by Marina MAGNAVAL, 2023-04-27
The latest report of the Financial Ombudsman for 2022 confirmed Warta's position as a leader in the quality of customer service in the property and motor insurance segments. The company has maintained this position for the fifth year in a row, Gazeta Ubezpieczeniowa wrote.
More
|
|
|
by Marina MAGNAVAL, 2023-04-27
As of January 1, 2023, total liabilities of insurers increased by 28.8% to AZN 1,027.85 million (~EUR 0.56 billion). At that, 13 insurers increased their liabilities, while other 7 - decreased. Total long-term liabilities of companies increased by 23.6% to AZN 920.16 million, while total short-term liabilities doubled to AZN 107.68 million, Trend reports.
More
|
|
|
by Daniela GHETU, 2023-04-27
ICEYE, a world-leading provider of natural catastrophe solutions and insights, has announced the Beta release of its Wildfire Insights product.
More
|
ON THE MOVE
|
|
|
|
by Andrei Victor, 2023-04-27
At the Annual General Meeting (AGM), Swiss Re's shareholders approved the re-election of Sergio P. Ermotti as Chairman of the Board of Directors. At the same time, Swiss Re's shareholders approved the re-election of all proposed members of the Board for a one-year term and the election of Vanessa Lau and Pia Tischhauser as new Board members for a one-year term.
|
|
|
|
by Andrei Victor, 2023-04-27
NN Group announced that Fabian Rupprecht will step down as member of the Management Board of NN Group and Chief Executive Officer of International Insurance, as of 30 June 2023. He will join Swiss insurer Helvetia Group, as Chief Executive Officer, effective 1 October 2023.
|
|
|
|
by Marina MAGNAVAL, 2023-04-27
Boris Umanov has decided to leave the position of chairman of the board and member of the board of directors of the market leader - EURASIA at his own request, the insurer reports.
|
|
|
|
by Andrei Victor, 2023-04-27
Global re/insurance broker Aon announced that Sherif Zakhary was named as Chief Executive Officer of its Strategy and Technology Group within Reinsurance Solutions, "effective immediately, to build more resilient businesses for its clients".
|
