Insurance Newsletter
- frequency: weekly, every ThursdayIn January-August 2022, the MTPL loss ratio in Armenia decreased to 63% from 79% a year earlier, being below the pre-Covid level of 72% (in Jan-Aug 2019).
The insurance sector of Armenia ended 1H2022 with total GWP worth AMD 33.82 billion (EUR 79.87 million), which is 27.30% more y-o-y. Paid claims decreased by about 3% to AMD 13.18 billion (EUR 31.13 million), according to the data provided by ArmInfo.
In August, the Armenian government approved the proposal "On signing of an agreement on the establishment of the Eurasian Reinsurance Company", ArmInfo reports.
According to the results of the first half of 2022, only three out of six insurance companies entered the list of 1000 largest taxpayers in Armenia - NAIRI Insurance, INGO Armenia and ROSGOSSTRAKH Armenia, ArmInfo reports.
MTPL loss ratio in Armenia in the first half of 2022 decreased to 65% from 81% in the same period of 2021, which is even lower than the pre-Covid level of 73% in 2019, ArmInfo wrote.
As another edition of Baden Baden Reinsurance Meeting closes its gates, the re/insurance world had its eyes on the German town, where the current trends and future expectations of the industry are being the focal points of the discussions.
On Sunday, 23 October, over 230 insurers and reinsurers from all over the world met at the 8th edition of the Baden-Baden XPRIMM Reception, the traditional event organized by XPRIMM during the Baden-Baden Meetings.
SWISS RE, JLT Re, TRUST Re, and CERTASIG were the winners of the 2016 XPRIMM Award for outstanding contribution to the development and evolution of the insurance and reinsurance market. The awards were given during the XPRIMM Insurance Awards Ceremony organized within the Baden-Baden XPRIMM Reception 2016.
An exquisite atmosphere, experience changes between re/insurance specialists and valuable business networking opportunities were key elements of the 5th edition of the AZERI Evening in Baden-Baden, the event which took place on Sunday, 23 October, at the Casino Restaurant Sommergarten.
Seven new titles of the well-known XPRIMM Publications are available this year on the XPRIMM Baden-Baden press stands opened in the Kurhaus Casino and in the main business meeting points. The specialized magazines present the latest statistical data and comprehensive analysis for the CEE, SEE and CIS insurance markets.
The Marriott, Zurich, Switzerland
6-7 October 2022
Organizer: AIDA Europe
Media Partner: XPRIMM Publications
For details: aidainsurance.org
