 TOP
NEWS |
Elisabeth
Stadler receives Grand Decoration of Honour in Silver for Services
to the Republic of Austria
by press.release, 2019-07-15
Elisabeth Stadler, CEO and chairwoman of the listed Vienna Insurance
Group (VIG), was awarded the Grand Decoration of Honour in Silver
for Services to the Republic of Austria, under a resolution adopted
by the country's President on 23 April 2019. The award was presented
on 9 July 2019 by the Federal Minister for Digital and Economic Affairs,
Elisabeth Udolf-Strobl.
 More
STATISTICS: The
CEE insurance market exceeded EUR 10 billion in Q1
by Andrei Victor, 2019-07-18
The CEE insurance market totaled EUR 10.1 billion at the end of March
2019, according to regional markets figures collected and centralized
by XPrimm Publications, 2% more y-o-y on average.
More
BULGARIA:
EIG to expand its services in Malta under FoS
by Andrei Victor, 2019-07-15
Sofia-based EUROINS Insurance Group announced its Bulgarian subsidiary
Insurance Company EUROINS AD intends to offer legal expenses insurance
on the territory of the Republic of Malta under the terms of the
freedom of provision of services, according to a statement by Bulgaria's
Financial Supervision Commission (FSC).
More
FITCH
placed EUROHOLD's rating under observation
by Andrei Victor, 2019-07-15
With reference to the agreement that EUROHOLD Bulgaria AD signed
to acquire CEZ's assets in Bulgaria, the international credit rating
agency FITCH Ratings placed EUROHOLD Bulgaria AD's Rating under observation.
More
BULGARIA:
Groupama to acquire OTP's Express Life Insurance
by Cosmin CONCEATU, 2019-07-18
OTP's Express Life Insurance of Bulgaria agreed to sell 100% of shares
to Groupama's subsidiary in Bulgaria, strengthening Groupama's position
in the local market.
More
STATISTICS: Macedonian
insurers posted almost a quarter billion MKD in Q1 GWP
by Andrei Victor, 2019-07-18
At the end of March 2019, the Macedonian insurance market totaled
about a quarter billion MKD (EUR 40 million), up by 4.6% y-o-y, according
to data provided by the local Insurance Supervision Agency.
More
PZUW
is the second fastest-growing mutual insurer in the world
by Daniela GHETU, 2019-07-18
PZUW, the mutual insurance arm of the Polish PZU Group, is the second
fastest growing mutual insurance company in the world, the latest
edition of the Global 500 report prepared by the International Federation
of Cooperative Insurance and Mutual Insurance Companies (ICMIF) shows.
More
STATISTICS: Q1
profits of Slovak insurers declined to EUR 31.8 million
by Andrei Victor, 2019-07-18
In the first three months of 2019, the Slovak insurance market totaled
EUR 610.7 million, 3.6% more y-o-y, according to the quarterly financial
figures published by the National Bank of Slovakia (NBS).
More
Swiss
Re to stop the ReAssure's IPO due to market conditions
by Andrei Victor, 2019-07-15
Swiss Re announced the suspension of its previously communicated
plans for an initial public offering (IPO) of ReAssure. "This action
is in response to the heightened caution and weaker underlying demand
in the UK primary market from large institutional investors", as
the global reinsurer mentioned in a statement.
More
STATISTICS: GREECE,
January-April update: property insurance significantly affects the
decline of non-life
by Marina MAGNAVAL, 2019-07-18
According to the Hellenic Association of Insurance Companies (HAIC),
the local insurance market grew by 2.2% y-o-y from January-April
2019. Total GWP reached EUR 1.3 billion by the end of April.
More Продолжение
STATISTICS: CIS
region, 1Q2019: regional GWP had almost no change, while paid claims
jumped by more than 22% y-o-y
by Marina MAGNAVAL, 2019-07-18
According to 1Q2019 results, the volume of the regional market remained
almost unchanged y-o-y. Total GWP growth reached only 0.08% (in European
currency). Regional GWP amounted to EUR 6.33 billion.
More Продолжение
KAZAKHSTAN:
in January-May 2019 insurer income grew by more than 25% y-o-y, while
net profit dropped by almost 3%
by Marina MAGNAVAL, 2019-07-18
In January-May 2019, income of the Kazakh insurers amounted to KZT
176.7 billion (~EUR 0.41 billion), which is 25.1% more y-o-y, Allinsurance.kz
reported based on data from Finprom.kz.
More Продолжение
RUSSIA:
in 1Q2019, inward reinsurance increased by 22% y-o-y; outward by
4%
by Marina MAGNAVAL, 2019-07-18
Inward reinsurance in 1Q2019 increased by 22% y-o-y (vs 24% a year
ago), according to an official announcement from the national reinsurer.
More Продолжение
UKRAINE:
January-May MTPL growth exceeded 12% y-o-y
by Marina MAGNAVAL, 2019-07-18
From January to May 2019, Ukrainian insurers generated MTPL GWP 12.3%
more y-o-y, and the total number of MTPL policies increased by 3.5%,
Forinsurer reports with reference to data published by MTIBU (Motor
Transport Insurance Bureau of Ukraine).
More Продолжение
UZBEKISTAN:
Insurance Market Development Agency to be established
by Marina MAGNAVAL, 2019-07-18
At a meeting held July 10 by President Shavkat MIRZIYOYEV, it was
decided to reform the State Inspectorate for insurance supervision
at the Ministry of Finance by liquidating it and establishing an
Insurance Market Development Agency, reports UzReport.
More Продолжение
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