TOP NEWS
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by Daniela GHETU, 2024-04-11
German motor vehicle insurers are expected to make a loss of up to EUR 2 billion this year, thus witnessing a second year of negative balance, a top representative of the German Insurers’ Association (GDV) said.
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by Daniela GHETU, 2024-04-11
Due to the still low rates in TPL, the Polish motor segment recorded another decline in the technical result in 2023. Total motor insurance GWP amounted to EUR 6.5 billion, 8.5% up y-o-y. While GWP growth on the MoD line was of about 14%, on the MTPL class premiums went up by only 1.7% y-o-y.
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by Marina MAGNAVAL, 2024-04-09
Croatia Osiguranje, the country's top insurer, will propose to its shareholders to distribute a dividend of EUR 116.37 per share on preferred and ordinary stock, or almost EUR 50 million in total, SeeNews said.
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by Daniela GHETU, 2024-04-11
The new company resulting after the Aegon, Compensa ?ycie and Vienna Life merger planned for Q4 2024, will operate under the name Vienna Life. While preserving the name of one of the merging companies, the new market entity will go through a complex rebranding operation.
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by Marina MAGNAVAL, 2024-04-09
According to the votes of Serbian consumers, among 1,000 domestic products and brands, Dunav osiguranje was awarded "My Choice" in the "Insurance Companies" category.
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by Andrei VICTOR, 2024-04-09
The Slovene re/insurance group Triglav informed in a statement that its Supervisory Board approved the Audited Annual Report for 2023. According to the Report, Triglav Group increased its total business volume by 12% to EUR 1,780.2 million in 2023, while maintaining its financial stability and high capital adequacy.
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by Marina MAGNAVAL, 2024-04-09
As a result of recent floods in the west and north of Kazakhstan, property damage to the population may exceed KZT 6 billion (~EUR 12.43 million), Eurasia company said on its website.
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by Marina MAGNAVAL, 2024-04-09
The rating committee of the "Credit-Rating" agency decided to confirm the long-term credit rating of the TAS insurance group according to the National Rating Scale at uaAA.
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by Daniela GHETU, 2024-04-11
COB, formerly known as the Council of Bureaux, has confirmed that ‘Green Cards’, also known as International Motor Insurance Certificates (IMIC), can be accepted in electronic PDF format from the beginning of 2025, in all countries within the Green Card circulation area.
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by Daniela GHETU, 2024-04-11
Antares Global, the multinational group of insurance and related service companies, announced that Antares syndicate 1274 has launched a consortium for the underwriting of credit and political risk insurance.
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by XPRIMM Teams, 2024-04-11
The Insurance Development Forum (IDF) announced plans to facilitate insurance sector investments in resilient infrastructure that will enhance the resilience of vulnerable communities in emerging and developing economies to risks from climate change and other natural disasters.
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by Daniela GHETU, 2024-04-11
The 2024 IAIS Global Seminar will take place virtually on 9-11 July 2024 from 13:00-15:00 (CEST), the International Association of Insurance Supervisors announced.The panel sessions of the Global Seminar will explore the transformative power of artificial intelligence in the insurance sector and delve into the changing monetary policy landscape to discuss the steps insurers are taking in response.
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ON THE MOVE
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by Daniela GHETU, 2024-04-11
The shareholders of Zurich Insurance Group Ltd (Zurich) confirmed Michel M. Liès as Chairman of the Board of Directors (Board) at today’s Annual General Meeting (AGM). They also elected John Rafter as a new member and confirmed all current Board members who stood for re-election.
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TOP EVENT
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by Daniela GHETU, 2024-04-11
Last chance to register for the 2024 edition of the IIF - ESG IN INSURANCE Conference, on 16 April, in Vienna. See the full agenda online and register now to join participants from accross tens of insurance markets, as well as a stellar team of speakers that will share their views and experience on the most important ESG issues in the insurance framework.
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STATISTICS
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by Andrei VICTOR, 2024-04-09
The insurers owned by Slovene insurance group SAVA and Austrian UNIQA are, in terms of FY2023 GWP, the largest insurance companies that are active on Kosovo insurance market, according to the market shares presented by Slovene re/insurer SAVA Re in its 2023 Annual Report.
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by Andrei VICTOR, 2024-04-09
Cypriot insurers reported FY2023 aggregate GWP of EUR 1.31 billion, up by 13.3% y-o-y, according to the year-end market figures report published by the Insurance Association of Cyprus - IAC.
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by Marina MAGNAVAL, 2024-04-09
In 2023, total GWP of insurance organizations amounted to BYN 2,215.8 million (EUR 626.60 million), which is 20.42% more y-o-y, according to data published by the Ministry of Finance of the Republic of Belarus.
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by Marina MAGNAVAL, 2024-04-09
GWP of Ukrainian insurers in 2023 increased by 18.68% to UAH 47 billion (EUR 1.11 billion), as data published by the National Bank show. At that UAH 28.76 billion were received from individuals, UAH 17.2 billion - from legal entities, and UAH 1.06 billion - from reinsurers.
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EVENTS
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IIF2024 ESG in Insurance Conference
16 April 2024
Vienna Marriott Hotel, Vienna, Austria
Details:
xprimmevents.com
AM Best's CEE Insurance Market Briefing - Vienna
"Navigating geopolitical and emerging risks"
17 April 2024
Vienna Marriott Hotel, Vienna, Austria
Program
Register
20th Anniversary GRAWE Carat Asigurari
23 April 2024
Palace of the Republic, Chisinau, Republic of Moldova
19th Int’l Conference “Insurance and Reinsurance in the Baltics”
25 April 2024
Hotel Radisson Blu Daugava, Riga, Latvia & online
Details and registration
25th International Insurance Reinsurance Forum - FIAR
26-28 May 2024
Hotel Sheraton, Bucharest, Romania
fiar.ro
International Conference on Insurance Claims
29 May 2024
Sheraton Hotel, bucharest
Details:
xprimmevents.com
International Insurance Conference of Azerbaijan
20-21 June 2024
Baku, Azerbaijan
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