TOP NEWS
|
|
|
by Daniela GHETU, 2024-07-11
Marsh McLennan claims the top spot in BEST’S REVIEW Top 20 Global Brokers 2024, for the 14th consecutive year, increasing its revenues by USD 2 billion in 2023 against the previous year, to USD 22.7 billion.
More
|
|
|
by Marina MAGNAVAL, 2024-07-08
The prices of MTPL and MoD continued to increase across the country in the 2Q2024. Despite rising prices, drivers still take additional assistance policies, according to data from CUK Ubezpieczenia, Gazeta Ubezpieczeniowa (Insurance Gazette) writes.
More
|
|
|
by Marina MAGNAVAL, 2024-07-08
Citizens received MKD 443 million (over EUR 7.2 million) from life insurance in the first five months of the year, according to the official data submitted by six life insurance companies to the Insurance Supervision Agency (ASO).
More
|
|
|
by Daniela GHETU, 2024-07-10
Staying true to its “living better together” motto, Austrian UNIQA Group is taking a further step beyond the traditional insurance business by establishing a new subsidiary, UNIQA Sustainable Business Solutions, that will support corporate customers in risk issues, transformation and ESG topics.
More
|
|
|
by Andrei VICTOR, 2024-07-08
S&P Global Ratings affirmed the "A" financial strength and issuer credit ratings with a stable medium-term outlook of the Triglav Group and thereby of its parent company Zavarovalnica Triglav and the Group member Pozavarovalnica Triglav Re. All individual elements of this year's rating are at the same level as last year and the rating is based solely on an assessment of the Group's standalone credit profile.
More
|
|
|
by Daniela GHETU, 2024-07-10
Zavarovalnica Triglav issued a 20.5-year subordinated bond (Tier 2 under Solvency II), callable after 10.5 years as part of the Triglav Group's regular capital management activities.
More
|
|
|
by Daniela GHETU, 2024-07-11
Organized by the Slovenian Insurance Supervising Agency (AZN), the 9th International Insurance Conference will take place under the titles It’s getting hot. Temperature is rising, is Insurance #COOLing? on 5 September, in Ljubljana.
More
|
|
|
by Daniela GHETU, 2024-07-10
Generali announced its support for the Insurance Development Forum’s Infrastructure Resilience Development Blueprint, an initiative aiming to mobilize and facilitate insurance sector investments in infrastructure that will enhance the resilience of vulnerable communities to risks from climate change and other natural disasters.
More
|
|
|
by Daniela GHETU, 2024-07-10
Acrisure Re, the (re)insurance division of global Fintech leader Acrisure, announced that its facultative division has signed a preferred partnership broker agreement with Specialty Reinsurance Brokers (Specialty Re), for facultative Stock Throughput and Property business, effective immediately.
More
|
|
|
by Marina MAGNAVAL, 2024-07-08
For January-May 2024, the insurance sector of Belarus amounted to BYN 1,060.4 million (~EUR 0.30 billion), which is 15.5% more y-o-y, the Ministry of Finance reports.
More
|
|
|
by Marina MAGNAVAL, 2024-07-08
From January to May, assets of the insurance sector of Kazakhstan grew by 2.3%, and at the end of May amounted to KZT 2.6 trillion (EUR 5.40 billion), mainly because of the voluntary reorganization of KazakhExport into an export credit agency.
More
|
STATISTICS
|
|
|
by Andrei VICTOR, 2024-07-08
The aggregate Q1 GWP reported by Hungarian insurers totaled HUF 458 billion (~EUR 1.2 billion), 8.62% more y-o-y, according to the Q1 statistics published by the Central Bank of Hungary. The life insurance business accounted for 33.3% and the non-life insurance business accounted for 66.6% of total premium income.
More
|
|
|
by Andrei VICTOR, 2024-07-08
The Slovenian insurance market totaled EUR 746.2 million at the end of March 2024, an 9.6% decrease y-o-y, according to the Slovenian Insurance Association's quarterly figures. Life insurance GWP posted a positive double-digit rate of +10.1% y-o-y to EUR 217.4 million, while the general insurance segment decreased by -15.8% y-o-y to EUR 529 million (or 70.8% of total GWP) due to the over 90% decrease in health insurance, from EUR 175 million in Q1 2023 to ~EUR 15 million at the end of March 2024.
More
|
|
INSURANCE EUROPE NEWS
|
|
|
|
|
by Daniela GHETU, 2024-07-11
The insurance industry has set out its priorities for a more prosperous, resilient, and competitive European Union. It calls on EU policymakers to reduce protection gaps, continue to tackle climate change, increase private investment, and take a new approach to regulation.
More
|
EIOPA NEWS
|
|
|
by Media XPRIMM, 2024-07-10
The Board of Supervisors of the European Insurance and Occupational Pensions Authority (EIOPA) has selected new members for the Insurance and Reinsurance Stakeholder Group (IRSG) and Occupational Pensions Stakeholder Group (OPSG), starting their four-year mandate on 4 July.
More
|
|
|
by Daniela GHETU, 2024-07-10
The registration for the 11th Joint Consumer Protection Day organized by the three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) on 3 October 2024 in Budapest, Hungary is now open. Interested stakeholders can register until 2 September 2024.
More
|
MARKETS & TRENDS
|
|
|
|
|
by Andrei VICTOR, 2024-07-08
Mid-year renewals reflected a transitioning reinsurance market meeting demand in a dynamic trading environment, reinsurance broker Guy Carpenter said. Loss-free property programs generally saw easing of pricing, even as demand increased. While casualty programs were also completed with adequate capacity, pricing and underwriting scrutiny persisted due to a variety of market trends.
More
|
ON THE MOVE
|
|
|
|
by Marina MAGNAVAL, 2024-07-08
Based on the decision of the Bureau’s Board of Trustees, Vusal Masiev has been appointed executive director of the Compulsory Insurance Bureau (ISB), Trend reports.
|
|
|
|
by Andrei VICTOR, 2024-07-08
Global re/insurance broker Aon announced that Paul Davies has decided to retire as vice chair of Aon plc after a remarkable thirty-six years at the firm and sixty-three years in the brokerage industry.
|
|
|
|
|
|
|
EVENTS
|
|
|
CURRENT XPRIMM REPORTS
|
|
|
