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TOP NEWS
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Vienna Insurance Group and AfB celebrate ten years of collaboration
by Andrei Victor, 2021-09-06
The Vienna Insurance Group (VIG) formed a partnership with AfB (Arbeit fur Menschen mit Behinderung / work for people with disabilities), Europe's largest non-profit IT company, in 2011. In 2020 alone, the Austrian VIG companies helped to conserve 213,040kg of raw materials and avoid 630,936kg of greenhouse gas emissions by passing on used IT devices to AfB; five new inclusive jobs were also created.
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POLAND: Insurers decide to pay dividends
by Marina MAGNAVAL, 2021-09-08
The position of the Polish Financial Supervision Authority on the dividend policy of insurance and reinsurance companies, adopted in December last year, allowed them to share profit from the last two years with shareholders. Companies eagerly took advantage of this opportunity, Gazeta Ubezpieczeniowa reports with reference to Dziennik Gazeta Prawna.
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RUSSIA: in 2Q paid claims and loss ratio of motor insurance increased
by Marina MAGNAVAL, 2021-09-08
In 2Q, paid claims in Motor Hull and MTPL saw growth faster than premiums, which led to an increase in the combined loss ratio of motor insurance. At the same time, both segments remain profitable, ASN reports based on a survey of key performance indicators of insurers, prepared by the Bank of Russia.
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ON THE MOVE
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John Coletti joins Swiss Re as Head of Global Cyber
by Andrei Victor, 2021-09-06
Global reinsurer Swiss Re announced plans to create a central cyber underwriting team. John COLETTI will join Swiss Re as Head of Global Cyber. Maya BUNDT, the current Head of Cyber Solutions, has decided to take on a newly created role at the Swiss Re Institute's Cyber Centre of Competence.
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SCOR announces changes to its Group Executive Committee
by Andrei Victor, 2021-09-06
SCOR announces changes to its Group Executive Committee that reflect "the importance of transformation and sustainability in the next phase of its strategic development". The new composition, proposed by Laurent ROUSSEAU, Chief Executive Office of SCOR, was supported by the Nominations Committee of the Board of Directors and approved by the entirety of the Board.
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Oneglobal appoints Matthew Warren as CEO of new Middle East operation
by Daniela GHETU, 2021-09-09
Oneglobal Broking continues its expansion with the appointment of Matthew Warren as CEO of Oneglobal Middle East and will operate from Dubai International Financial Centre, Dubai, UAE and and will report directly to Oneglobal's Group CEO, Mike Reynolds.
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Zaffino to assume additional role of Chairman of the AIG BoD effective January 1, 2022
by Andrei Victor, 2021-09-09
American International Group announced that Peter Zaffino, President & Chief Executive Officer, will assume the additional role of Chairman of the Board of Directors, effective January 1, 2022. As previously announced, Brian Duperreault, currently Executive Chairman, will retire from the Board of Directors at year end 2021.
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STATISTICS
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EVENTS
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