TOP
NEWS |
Kurt KARL, one of the most accurate economists in the world, confirmed as Keynote Speaker at FIAR 2016
by Oana RACATEJ, 2016-03-02
Kurt KARL, Chief Economist and Head of the Economic Research and Consulting within SWISS Re, as well as Coordinator of the well-known SIGMA publications, has confirmed his participation as Keynote Speaker at FIAR 2016. Kurt KARL is recognized worldwide for his professional skills, being nominated by important economic publications among the top economists globally with the most accurate financial estimates.
More
IoT - Internet of Things technology in support of the motor insurance business, on the IIF 2016 agenda, with IBM
by Daniela GHETU, 2016-03-03
"Value added services are already becoming very important and IoT technologies may help insurers, on the one hand to provide such personalized services, on the other to improve their core business processes and achieving significant operating costs reductions," recently stated in an interview for XPRIMM Dante CAFARELLI, Partner and Executive, Head of Insurance Sector Italy, Internet of Things Insurance Leader Europe, IMB Italy.
More
|
STATISTICS: LATVIA, FY2015: Life insurance growth outpaced the market GWP increase rate
by Daniela GHETU, 2016-03-03
Latvian insurers ended 2015 with an overall GWP volume reaching EUR 531.12 million, 2.65% up y-o-y. Paid claims also increased to EUR 310.61 million, 9.85% more y-o-y recording a higher than average growth rate, the life insurance segment increased its share in the market portfolio by 1 pp, to 21.6%.
More
JLT, FY2015: total revenues up by 5% y-o-y despite the deteriorating macro-economic landscape
by Daniela GHETU, 2016-03-02
Jardine Lloyd Thompson Group plc (JLT) has delivered total revenues of GBP 1.16 billion, 5% up y-o-y (or 6% at constant rates of exchange), with overall organic revenue growth of 2%.This performance was delivered despite the weak re/insurance rating environment and the deteriorating macro-economic landscape throughout the year.
More
TRIGLAV Group, FY 2015: Consolidated leading position in Slovenia and the Adriatic region and improved ratings
by Daniela GHETU, 2016-03-03
The TRIGLAV Group and the parent company reported a total GWP volume of EUR 919.1 million, is 3% up y-o-y, according to the unaudited performance data released today. The Group also achieved a favourable combined ratio of 92.8%, which is 3.5 pp better than planned and better than in 2014, while the net profit went up by 4% y-o-y, to EUR 88.9 million.
More
|
STATISTICS: SLOVAK Rep., NBS: The insurance market went down by 4% in 2015
by Vlad BOLDIJAR, 2016-03-03
Last year, the Slovak insurance market totaled EUR 2 billion, down by 4.1% y-o-y, as the preliminary statistics published by the National Bank of Slovakia (NBS) indicated. The life insurance field decreased by 9.6% y-o-y due to the 18% depreciation of unit-linked subsegment, while the non-life GWP was up by 2.8% to EUR 965 million.
More
Hungary: Third year of positive evolution for the insurance market, according to MABISZ's statements
by Daniela GHETU, 2016-03-03
Hungary's insurance sector posted 2.2% y-o-y annual GWP growth in 2015, Anett PANDURICS, President of MABISZ stated at a specialty conference organized in Budapest. As reported by porfolio.hu, the Hungarian insurance market has expanded for the third year in a row, reaching HUF 851 billion, according to the central bank's statistics.
More
SCOR, FY 2015: Net income improved by 25.4%
by Vlad BOLDIJAR, 2016-03-02
The French reinsurer SCOR reported a 25.4% y-o-y increase in the net income, to EUR 642 million, in 2015 while the value of gross written premiums went up by 18.6% y-o-y, to EUR 13.42 billion "driven by the contribution of the two business divisions", the company annouced in a statement.
More
AXA, FY2015: 12% rise in full-year profit
by Vlad BOLDIJAR, 2016-03-02
The French insurer AXA reported total FY 2015 revenues of EUR 98.5 billion, up by 7% y-o-y, while the net income increased by 12% to almost EUR 5.6 billion, according to the activity indicators published by the group.
More
|
RUSSIA: The new rules on foreign rating companies could make the "Big 3" ratings agencies to re-evaluate their strategy
by Olesea ADONEV, 2016-03-02
In a statement released to Bloomberg Business Fitch Ratings Ltd. said "it will probably stop issuing local ratings on Russian companies under new rules that make it impossible to abide by European Union and U.S. sanctions against Moscow".
More
Find out how to differentiate SMEs and Retail Customers in Credit Rating Systems
by Oana RACATEJ, 2016-03-02
The 2nd Annual Credit Risk Management Forum is the conference where professionals can find out everything they need to know about Credit Risk Management, as well as the latest insights on the most recent developments of EU Regulations.
More
Green Card policies issued by Azerbaijani insurers gain extended territorial coverage
by Daniela GHETU, 2016-03-03
Starting April 1st, Green Card insurance policies issued by the Azeri insurers will be effective in the EU countries and Switzerland, Tunisia, Bosnia and Herzegovina, Macedonia, Montenegro, Turkey, Iran, Moldova, Ukraine, Andorra, Albania and Morocco.
More
The Annual African Insurance Forum began today in Johannesburg
by Oana RACATEJ, 2016-03-03
The 2nd Annual African Insurance Forum - AIF 2016, organized by FEXTON Group, officially began today, March 3, in Johannesburg, South Africa, focusing on the issues that the African general and life insurance sectors are facing today. XPRIMM Publications support the event as Media Partner.
More
|
|
INTERVIEW |
Paul CARTY
Chairman
BIPAR's EU Standing Committee
My experience over the years has led me to come to the firm conviction that most if not all of the significant consumer type issues that have arisen in various markets over the last decade were not as a result of inadequate regulation but the ineffective implementation of existing legislation. So my advice is use the powers that exist as they are in my opinion fit for purpose and stop adding to the sum of existing regulations which as they expand are becoming more and more remote and an ever increasing cost which is being borne by consumers and by the economy at large.
More |
CURRENT
XPRIMM REPORTS |
ON THE MOVE |
Wolfgang HAAS appointed Group Spokesperson at VIG
Wolfgang HAAS MSc (50) joins the VIENNA Insurance Group from the Corporate Communications department at DONAU Versicherung as of 1 March 2016. He takes over the post of Group Spokesperson and will also head the Group Communications and Marketing department.
More |
STATISTIC
UPDATES |
EVENTS |
Russian Reinsurance Conference
XX Edition
April 6-7, 2016
President Hotel, Moscow
Organizers: All-Russia Insurance Association & DELOVOY Format Group
Media coverage: XPRIMM Publications
For details: ins-df.com |
3rd International Conference "Agricultural Insurance, Reinsurance & Brokerage in CIS, Europe & Asia"
April 11-13, 2016
Marriott Courtyard Hotel, Tbilisi, Georgia
Organizer: AgroInsurance International LLC.
Official Publication: XPRIMM Publications
For details: www.agroinsconf.com |
X International Conference "Insurance in Central Asia"
April 12-13, 2016
Almaty, Kazakhstan
Organizer: InterConsult Info with the support of the Kazakhstan Association of Insurers
Official Publication: XPRIMM Publications
For details: www.allinsurance.kz |
IIF 2016 - Motor Insurance - The Road towards profitability
April 17-19, 2016
Istanbul, Turkey
Organizers: Media XPRIMM and IUC
Media coverage: XPRIMM Publications
For details: www.internationalinsuranceforum.com
FIAR 2016 - The International Insurance - Reinsurance Forum
May 15-19, 2016
Brasov, Romania
Organizer: Media XPRIMM
Media coverage: XPRIMM Publications
For details: www.fiar.ro |
PRESS
CUTTINGS |
|