TOP NEWS
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by Daniela GHETU, 2024-05-30Frédéric de Courtois, Deputy CEO of AXA Group, has been elected President of Insurance Europe. He received unanimous support to lead the federation of European insurance and reinsurance associations over the next three years.  More
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by Andrei VICTOR, 2024-05-30 The premiums written of Austrian insurance group UNIQA rose by 10.9% to EUR 2,184.3 million in the first three months of 2024 compared with the same period of the previous year (EUR 1,969.4 million). Above all, property and casualty insurance and health insurance contributed to this very pleasing growth. More
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by Marina MAGNAVAL, 2024-05-30 In 1Q2024 Generali’s GWP increased by 21.4% to EUR 26.4 billion, with strong performances in both the Life and P&C segments. Life net inflows returned to positive levels, entirely driven by protection and unit-linked, in line with the Group’s strategy and reflecting the success of commercial actions implemented since 2023, the Group said in its report. More
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by Marina MAGNAVAL, 2024-05-30 In 1Q2024 GWP of UNIQA Insurance Group AG including savings portions from unit-linked and index-linked life insurance increased by 10.9% reaching EUR 2,184.3 million (vs EUR 1,969.4 million in 1Q2023). In its press release the Group noted that property and casualty insurance and health insurance contributed to this growth. More
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by Marina MAGNAVAL, 2024-05-30 Total business volume of Allianz in 1Q2024 rose by 5.3% to EUR 48.4 billion, driven by all business segments. The Property-Casualty business segment recorded good price-driven growth, while the increase in the Life/Health business segment was primarily due to favorable sales momentum in the United States and Italy, the company said in its report. More
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by Andrei VICTOR, 2024-05-30 Dutch insurer NN informed that during the 2024 General Meeting, were adopted all proposals on the agenda of the 2024 annual general meeting. More
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by Marina MAGNAVAL, 2024-05-30 The "Days of Insurance in BiH 2024" conference will be held from September 25 to 27, 2024 in Sarajevo and will be organized by the Association of Insurance Companies in the Federation of Bosnia and Herzegovina. More
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by Marina MAGNAVAL, 2024-05-30 According to data from two consecutive surveys by MoitePari.bg and ABZ, within one year the share of people who purchased home insurance has increased by 7%, said Nina Kolchakova, General Secretary of the ABZ, Association of Bulgarian Insurers reports. More
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by Marina MAGNAVAL, 2024-05-30 The largest independent comparator of insurance and telecom services in Croatia, kompare.hr recently set new standards in the industry by creating a tech platform for digital distribution of motor insurance. More
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by Marina MAGNAVAL, 2024-05-30 Ante Žigman, President of the Board, Croatian Financial Services Supervisory Agency (Hanfa), stated that to achieve the declared goals of the green transition, investments in the European Union in that segment should on average be at the level of about 4.5% of GDP, which for Croatia is about EUR 3.4 billion per year. More
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by Marina MAGNAVAL, 2024-05-30 In 2023, insurers in Latvia paid for damages in more than 150 fires caused by problems with electricity, and this is 20% of the total number of fire damages paid by insurers, according to the data collected by members of the Association of Latvian Insurers (LAA). More
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by Andrei VICTOR, 2024-05-30 Eurohold Bulgaria AD (Eurohold) and Euroins Insurance Group AD (EIG) have officially filed a Request for Arbitration against the Government of Romania at the International Centre for Settlement of Investment Disputes (ICSID) in Washington, DC. The claim is in excess of EUR 500 million, informed in a statement the Bulgarian holding. More
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by Marina MAGNAVAL, 2024-05-30 One of the leading insurers of Turkmenistan, Hazar Ätiýaçlandyry? presented its stand at the XXIII International Exhibition “White City - Ashgabat,” the electronic newspaper “Zolotoy vek” writes. More
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by Marina MAGNAVAL, 2024-05-30 The Gross insurance company for the third time was recognized as “Brand of the Year” by the Committee for the Development of Competition and Protection of Consumer Rights of the Republic of Uzbekistan and the Marketing Association of Uzbekistan, Gazeta.uz reports. More
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by Andrei VICTOR, 2024-05-30 Higher interest rates around the world are transforming the outlook for life insurance growth and profitability. Savings products are attractive to consumers after a decade of weak demand and low returns. More
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STATISTICS |
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by Marina MAGNAVAL, 2024-05-30 According to the National Bureau of Statistics, the insurance sector of Moldova in 1Q2024 rose by only 0.7%, amounting to MDL 669.08 million, while paid claims increased by 9.2%, to MDL 266.70 million (EUR 14.02 million). At the same time, due to more favorable exchange rates, GWP growth was more noticeable in euros – by 6%, to EUR 35.16 million. More
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TOP EVENT |
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by Daniela GHETU, 2024-05-30 The 25-a edition of FIAR, the International Insurance-Reinsurance Forum took place in Bucharest, on 26-28 May, hosting four conferences dedicated to the insurance markets’ trends, the motor insurance business, property insurance business, as well as to the insurance intermediation market. More
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by Daniela GHETU, 2024-05-30 At the first FIAR 2024 conference, "Insurance Market Trends," Valentin JURCUT, Head of Market Unit Romania, Future Healthcare Group, highlighted the most important technological changes in the field of health insurance during his presentation. More
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by Daniela GHETU, 2024-05-30 The Property Insurance Conference hosted a very interesting panel of discussions on the topic of agricultural insurance. Among the questions seeking answers there were: why do Romanian farmers not seem to give enough importance to insurance, or what are the most significant barriers to developing this sector of the market? More
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by Daniela GHETU, 2024-05-30 The second part of the Property Insurance conference focused on agricultural insurance in Romania. The discussions were partly oriented towards exploring the willingness of Romanian insurers to engage in developing nature-based solutions to reduce the exposure and vulnerability of regions to climate catastrophic risks. More
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ON THE MOVE
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by Andrei VICTOR, 2024-05-30
VIG Re, Vienna Insurance Group's reinsurance company, announced that Ivana Jurcíkova, its Chief Financial Officer, has been added to Hall of Fame of “the most influential women in the Czech financial sector” by #FinZeny Project (Czech for Women in Finance).
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by Andrei VICTOR, 2024-05-30
Austrian insurer Vienna Insurance Group informed that during Annual General Meeting 2024, Vratislav Kulhanek, Hana Machacova, Martin Simhandl and Agnes Svoob were elected as new members of the Supervisory Board.
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by Andrei VICTOR, 2024-05-30
American International Group (AIG) announced that Gordon Browne has been appointed Global Head of Specialty, effective June 11, 2024.
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EVENTS
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CURRENT XPRIMM REPORTS
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