TOP NEWS
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by Daniela GHETU, 2024-08-06 Croatia osiguranje, part of the Adris Group, reported in 1H2024 a consolidated income from insurance sales, including regional branches, of EUR 251 million, which is 14% more y-o-y. The consolidated net profit reached EUR 33.6 million, 10% up y-o-y, the Group announced.  More
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by Marina MAGNAVAL, 2024-08-15 The Agency for Insurance Supervision of the Federation of Bosnia and Herzegovina was accepted as a member of the International Association of Insurance Supervisors (IAIS), which is a voluntary membership organization of insurance supervisors and regulators from more than 200 jurisdictions, constituting 97% of the world’s insurance premiums. More
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by Marina MAGNAVAL, 2024-08-21 In Estonia in the first half of this year, insurers compensated motor insurance losses in the amount of EUR 41 million, which is 13% more y-o-y. According to the statistics of the Estonian Traffic Fund (LKF), the number of motor insurance claims increased by 3%, reaching 17,000 cases. More
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by Marina MAGNAVAL, 2024-08-21 Due to the storm and rains at the end of July, insurers have so far received 8,366 claims for a total of EUR 17.2 million. At that EUR 4.2 million have already been paid out, settling 2,864 insurance cases, according to data collected by the Association of Latvian Insurers (LAA) as of August 14. More
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by Marina MAGNAVAL, 2024-08-15 In the first half of the year vehicle owners invested EUR 43.1 million in mandatory motor liability insurance and green card policies. Citizens and companies paid EUR 10.2 million during the period for green card policies, the Insurance Supervision Agency (ASO) informed. More
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by Daniela GHETU, 2024-08-06 By the end of July, the national coverage rate in the Romanian mandatory housing insurance system exceeded 23%, PAID Romania (the Pool of Insurance Against Natural Disasters) reported. The result comes after a long period when the indicator’s value did not exceed 20%. More
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by Marina MAGNAVAL, 2024-08-15 In Armenia, Ingo insurance company has introduced a completely new product for the Armenian financial market – income protection insurance, ArmInfo reports. More
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by Marina MAGNAVAL, 2024-08-21 From October 1, 2024, the Russian MTPL policy will be valid in Belarus, as announced by Russian Prime Minister Mikhail Mishustin, BELTA reports. More
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by Marina MAGNAVAL, 2024-08-15 At the end of the first quarter of 2024, total assets of insurance companies in Moldova exceeded MDL 5 billion (~EUR 0.25 billion), which is MDL 58.3 million, or 1.2% more compared to the end of the previous year, bizlaw.md wrote. More
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by Marina MAGNAVAL, 2024-08-21 In the first quarter of this year, life insurance in Kazakhstan increased by 26% y-o-y, while paid claims jumped by 64% at once, Allinsurance.kz reports with a reference to the National Bank’s data. More
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by Marina MAGNAVAL, 2024-08-21 As a result of the severe hailstorm that occurred in Astana in early August, at least 5,000 vehicles were damaged, according to preliminary estimates from Eurasia’s (the market leader) specialists. More
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by Marina MAGNAVAL, 2024-08-21 Over the past three years, there has been a significant increase in both GWP and the number of concluded contracts in compulsory home insurance against fire and natural disasters, the Service for regulation and supervision of the financial market reports. More
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by Marina MAGNAVAL, 2024-08-21 In January-June 2024, the number of claims involving Ukrainian drivers abroad under Green Card policies increased by 12.8% y-o-y and reached 8,000 cases, Forinsurer writes with reference to the MTIBU (Motor (Transport) Insurance Bureau of Ukraine). More
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by Marina MAGNAVAL, 2024-08-15 The National Agency for Prospective Projects (NAPP) of the Republic of Uzbekistan reported that from August 1, 2024, electronic registration of insurance contracts, as well as issuance of insurance policies for four types of compulsory insurance, was launched through the portal of the Unified Information System service.e-osgo.uz, the agency's website says. More
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INSURANCE EUROPE NEWS
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by Daniela GHETU, 2024-08-21 Insurers play a unique role among financial services industries. Their ability to manage risk protects people, organisations and global economies from catastrophes that would otherwise be devastating. More
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STATISTICS |
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by Daniela GHETU, 2024-08-21 Gross premiums written by Polish insurers in Q1 2024 reached EUR 5.1 billion (PLN 21.94 billion), which is 18.55% more y-o-y, in European currency. This very high growth rate is an effect of the appreciation of about 9% y-o-y of the Polish zloty. Calculated in Polich currency, the market growth was of slightly above 9%. More
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by Marina MAGNAVAL, 2024-08-21 In the first half of 2024 the insurance sector of Armenia decreased by 6.32% to AMD 38.67 billion (EUR 93.04 million), according to the data of the Financial Rating of Insurance Companies provided to ArmInfo. At the same time, paid claims skyrocketed by 31.65% to AMD 20.55 billion (EUR 49.44 million). More
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by Marina MAGNAVAL, 2024-08-15 The insurance market of Azerbaijan ended the first half of 2024 with a growth of 11.74% y-o-y, amounting to AZN 725.16 million (EUR 399.10 million). At the same time, paid claims jumped by 58.48% to AZN 356.63 million (EUR 196.28 million), according to the data published by the National Bank. More
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by Marina MAGNAVAL, 2024-08-15 In the first quarter of this year, life insurance in Kazakhstan increased by 26% y-o-y, while paid claims jumped by 64% at once, Allinsurance.kz reports with a reference to the National Bank’s data. More
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by Marina MAGNAVAL, 2024-08-15 Over the past three years, there has been a significant increase in both GWP and the number of concluded contracts in compulsory home insurance against fire and natural disasters, the Service for regulation and supervision of the financial market reports. More
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EVENTS |
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CURRENT XPRIMM REPORTS
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