TOP NEWS
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by Andrei VICTOR, 2024-06-17
The world is facing multiple interconnected crises which bring about ever-more complex risks, finds Swiss Re's 12th SONAR emerging risk report. It explores critical topics of the future to foster better understanding of new or changing risks, their interactions and dependencies.
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by Andrei VICTOR, 2024-06-17
At the General Assembly of the Adris Group, as a part of the presentation of Adris Group companies, Management Board of CROATIA osiguranje d.d. informed about business performance in the past year as well as trends in the first six months of the current year.
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by Marina MAGNAVAL, 2024-06-17
According to the recently approved amendments to the Road Insurance Law, the maximum compensation amount for a road accident will increase to EUR 6.45 million from July 15. And from December 1 this year, traffic insurance will be extended to unregistered vehicles such as electric scooters and off-road vehicles, the Estonian Traffic Fund (LKF) announced.
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by Marina MAGNAVAL, 2024-06-17
According to a survey conducted this year by Századvég, more than four-fifths of customers are satisfied with the work of insurance companies, the Association of Hungarian Insurers (MABISZ) said.
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by Marina MAGNAVAL, 2024-06-17
Private health insurance has been, as before, the most popular insurance during the first five months of this year, while property insurance has been the largest.
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by Marina MAGNAVAL, 2024-06-17
The insurance market should grow in 2024, and even more the year after that. MTPL should grow faster than in 2023 and this LoB should become profitable again, according to Jan Grzegorz Pr?dzy?ski, president of the Polish Chamber of Insurance (PIU), PAP Biznes writes.
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by Marina MAGNAVAL, 2024-06-17
The 30th Anniversary Insurance Days in Slovenia, organized every year by the Slovenian Insurance Association, were held on June 6-7 at the Grand Hotel Bernardin. This year's event had the slogan “Insurance matters”. It was focused on climate change, natural disasters, cyber threats, health insurance, and strengthening diversity, equity, fairness and inclusion.
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by Marina MAGNAVAL, 2024-06-17
In May 2024, MTIBU (Motor Transport Insurance Bureau of Ukraine) made 806 regulatory payments from the Victim Protection Fund for a total amount of UAH 50.1 million (~EUR 1.14 million), which is 24.6% more in number and 25.7% more in amount y-o-y, Forinsurer writes.
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ON THE MOVE
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by Andrei VICTOR, 2024-06-17
The Board of Directors of KBC Group NV has decided to appoint Bartel Puelinckx as new Chief Financial Officer and member of the Executive Committee of KBC Group. He will succeed Luc Popelier, who resigned to take up the position of CEO of Hamburg Commercial Bank (Germany) as of 1 September 2024.
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by Andrei VICTOR, 2024-06-17
Guy Carpenter, the reinsurance broker of Marsh McLennan, announced the formation of the Capital & Advisory group as part of its Global Capital Solutions unit. The business also announced the appointment of Alexander Schnieders as global head of Capital & Advisory, reporting to Laurent Rousseau, CEO of Europe, IMEA and Global Capital Solutions.
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TOP EVENT
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by Daniela GHETU, 2024-06-20
Today started in Baku the 2024 edition of the Azerbaijan International Insurance Forum, event organized by the Azerbaijan Insurers Association and XPRIMM, with the official support of the Central Bank of the Republic of Azerbaijan.
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STATISTICS
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by Andrei VICTOR, 2024-06-20
Albanian insurance market posted Q1 2024 GWP of ALL 5.2 billion (~EUR 50.8 million), or 1.7% more y-o-y, according to the quarterly figures published on the website of the local financial supervisory authority - AFSA. The statistics published by the Albanian FSA include the figures from 12 insurance companies operating in the country: four life insurers and eight non-life.
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by Andrei VICTOR, 2024-06-20
At the end of March 2024, the BiH insurance market totaled EUR 132.7 million (BAM 259.44), up by 13.12% y-o-y, as the local insurance agency – AZOBIH informed. At the same time, the value of claims paid by insurers expanded by 9.78% y-o-y to EUR 54.49 million.
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by Marina MAGNAVAL, 2024-06-17
According to the Georgian Insurance Supervision Service, at the end of the first quarter of 2024, the insurance market grew by 22.21% in local currency, amounting to GEL 397.73 million (EUR 136.85 million).
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by Marina MAGNAVAL, 2024-06-17
In 1Q2024, the market amounted to RUB 578.4 billion (EUR 5.81 billion), which is 5.5% more y-o-y in local currency. At the same time in euros the market result was negative (-10.86%). The Central Bank notes in its review of key performance indicators of insurers that the growth of the market has slowed down from 21.2% in 1Q2023.
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EVENTS
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CURRENT XPRIMM REPORTS
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