TOP NEWS
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by Daniela GHETU, 2024-04-16
The second edition of ESG IN INSURANCE Conference took place in Vienna, organized by XPRIMM, with Vienna Insurance Group as official partner, and Reimpact-Re and IUC Group as partners.
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by Daniela GHETU, 2024-04-17
Resilience, collaboration, innovation form the mix of ingredients that will help dealing with the increased volatility, Tobias SONNDORFER, Vice-Chairman of the Board of Directors, VIG Re stated at the AM Best's CEE Insurance Market Briefing – Vienna.
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by Daniela GHETU, 2024-04-17
Insurance industry has shown resilience to market events while navigating a heightened operating environment in a world with greater uncertainty and increased inter-connectivity of risks, AM Best analysts Morgane Hillebrandt and Dr. Angela Yeo have remarked at the AM Best's CEE Insurance Market Briefing – Vienna.
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by Andrei VICTOR, 2024-04-17
Mercer and Oliver Wyman, businesses of Marsh McLennan, released their 2024 Global Insurance Survey. Drawing on insights of more than 80 insurers globally, the survey highlights their investment and portfolio positioning plans for 2024 and beyond.
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by Marina MAGNAVAL, 2024-04-17
According to the statistics of the Estonian Traffic Fund (LKF), last year, app taxis caused twice as many traffic insurance cases as regular taxis and seven times more than other passenger cars.
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by Marina MAGNAVAL, 2024-04-17
As part of the pilot agroinsurance program, the Armenian government will not only subsidize insurance premiums, but also compensate the costs of insurance companies if a certain threshold of insurance payments is exceeded, as Minister of Economy Gevorg Papoyan said on April 12, ArmInfo writes.
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by Marina MAGNAVAL, 2024-04-17
In 2023, increased demand for life insurance products, both as a result of the risks and through legislative incentives, ensured growth of all key indicators of the life insurance market, according to the review of the Kazakhstan life insurance market for 2023, prepared by the AFK Analytical Center (Association of Financiers of Kazakhstan).
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by Marina MAGNAVAL, 2024-04-17
In the first quarter of 2024, TAS Group confirmed its undisputed leadership in the MTPL market - in terms of collected premiums, number of settled claims and amount of payments, Forinsurer writes.
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by Marina MAGNAVAL, 2024-04-17
The license of Universal Sug‘urta for voluntary non-life insurance was canceled on April 2, the press service of the Uzbekistan's National Agency of Perspective Projects (NAPP) reported, gazeta.uz writes.
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by Marina MAGNAVAL, 2024-04-17
At the end of 2023, the total number of existing insurance contracts in Uzbekistan was about 9.74 million units, and the total number of concluded contracts was 9.13 million units (in 2022: 8.40 million and 7.95 million units, respectively). This indicates a stable pace of development of insurance activities, according to the Ahbor-Reyting rating agency.
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by XPRIMM Teams, 2024-04-17
Swiss?Re published the 2023 Financial Condition Report for the Swiss?Re Group and its regulated re/insurance legal entities domiciled in Switzerland for the reporting period ended 31 December 2023.
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STATISTICS
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by Marina MAGNAVAL, 2024-04-17
According to the Georgian Insurance Supervision Service, the market in 2023 amounted to GEL 1.06 billion (EUR 357.47 million/+13.35%), which is almost 17% more y-o-y. Insurers’ paid claims reached GEL 614.29 million (EUR 206.46 million/+20.29%), which indicates an increase of 24%.
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by Marina MAGNAVAL, 2024-04-17
In 2023, the insurance market grew by a quarter to RUB 2.28 trillion (EUR 23.03 billion). The growth drivers in life insurance were all main types, including investment, accumulative and credit insurance, while in non-life insurance – motor segment, follows from data published by the Central Bank.
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ON THE MOVE
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by Andrei VICTOR, 2024-04-17
Swiss Re's shareholders approved all motions put forward by the Board of Directors at reinsurer's Annual General Meeting (AGM).
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by Andrei VICTOR, 2024-04-17
Reinsurance broker Guy Carpenter, a business of Marsh McLennan, announced the appointment of Richard Chu as Managing Director, Credit, Bond & Political Risk, Global Specialties.
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by Andrei VICTOR, 2024-04-17
Lloyds announced in a press release that Dawn Miller has been appointed as Chief Commercial Officer of Lloyd’s and CEO of Lloyd’s Americas, based in New York with effect from 1 September 2024.
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EVENTS
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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
2024 CEE/SEE Regional Actuarial Conference
30 - 31 May 2024
Hotel Europe, Sarajevo, BiH
Details:
actuairesdumonde.org
International Insurance Conference of Azerbaijan
20-21 June 2024
Baku, Azerbaijan
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CURRENT XPRIMM REPORTS
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