TOP NEWS
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by Andrei Victor, 2023-03-29
Natural disasters resulted in global economic losses totaled USD275billion in 2022, of which USD125billion were covered by insurance, according to Swiss Re.
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by Andrei Victor, 2023-03-29
German inurerance group Talanx posted YE 2022 gross premiums up by 17.4% y-o-y to EUR 53.4 billion, while the group net income increased to EUR 1.17 billion despite large losses, vs. EUR 1.01 billion a year before.
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by Daniela GHETU, 2023-03-30
The Management Board and the Supervisory Board of Zavarovalnica Triglav will propose to this year's General Meeting of Shareholders to pay a dividend of EUR 2.50 gross per share, or EUR 56.8 million in total.
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by Andrei Victor, 2023-03-29
Lloyd's of London announced FY2022 Gross Written Premium (GWP) up by 19% to GBP 46.7 billion (FY2021: GBP 39.2 billion), including 4% volume growth.
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by Andrei Victor, 2023-03-29
French insurer Groupama reported YE2022 premium income of EUR 15.9 billion, up by 4.3% y-o-y with "strong growth in property and casualty insurance (+8.6% to EUR 8 billion), driven by the good performance of international subsidiaries (+20.4%), particularly in Romania". In Life and health, Groupama posted growth worth 0.8% y-o-y (to EUR 7.8 billion) both in France (+0.7%) and abroad (+1.1%).
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by Daniela GHETU, 2023-03-30
The 2023 edition of the year the Croatian Insurance Days Conference will take place between 3 and 5 May, in Opatija, at AmadriaPark Grand Hotel 4 Opatijska Cvijeta. XPRIMM Publications are once again supporting the conference as Media Partner.
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by Marina MAGNAVAL, 2023-03-29
In January-February 2023, total GWP of 20 insurance companies in Azerbaijan amounted to AZN 221.06 million (~EUR 122.81 million), which is 24% more y-o-y, ABC.AZ reports with reference to the data of the Central Bank.
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by Marina MAGNAVAL, 2023-03-29
From April 1, 2023, MTPL market in Armenia will be completely liberalized, after that government agencies and citizens will have an opportunity to choose insurance companies, considering price/quality.
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by Marina MAGNAVAL, 2023-03-29
On March 25, the second International Conference AgroInsurance 2023 was held in Tashkent, where important issues were raised to ensure stable development of the agro-industrial sector of Uzbekistan, according to a press release on the website of the Ministry of Agriculture of Uzbekistan.
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by Marina MAGNAVAL, 2023-03-29
The Board of Directors of the National Commission of the Financial Market (CNPF) during the extraordinary meeting of March 9, 2023, approved the decision regarding withdrawal of the license of the insurance company GARANTIE SA (non-life) and submission to the insolvency court of the introductory request regarding filing of the insolvency procedure, moldstreet.com wrote.
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by Daniela GHETU, 2023-03-30
Motor insurers operating in the Republic of Moldova reported an increase of 24.3% in the MTPL insurance GWP , while for the Green Card segment premiums went up by 52.7% y-o-y, according to data provided by CNPF - the market authority.
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by Marina MAGNAVAL, 2023-03-29
The State Service of regulation and supervision of the financial market at the government of the Kyrgyz Republic informed, that by a resolution of the Cabinet of Ministers of the Kyrgyz Republic, an amendment was made to the resolution "On Approval of the Road Traffic Rules and the Basic Provisions for Admission of Vehicles to Operation and Duties of Officials to Ensure Road Safety".
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by Marina MAGNAVAL, 2023-03-29
The National Bank of Ukraine (NBU) has canceled the licenses for insurance activities of INGOSSTRAKH and PROVIDNA, Forinsurer writes with reference to the NBU report.
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ON THE MOVE
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by Daniela GHETU, 2023-03-30
Credit Suisse's failure and its subsequent takeover by the USB Group left Swiss Re in need of a successor for Sergio P. Ermotti, who was appointed as new CEO of the UBS Group, to oversee the Credit Suisse's incorporation in the USB structure.
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by Andrei Victor, 2023-03-29
MetLife announced that Bryan Boudreau has been named executive vice president and Global Chief Actuary, effective May 11, 2023. Boudreau succeeds Andy Rallis, who will retire effective May 10, 2023, after a 39-year career at MetLife - including 11 years as Global Chief Actuary.
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by Andrei Victor, 2023-03-29
Marsh, one of the the world's leading insurance broker and risk advisor, announced that Sarah Stephens, current Head of Cyber for the UK and International, Marsh Specialty, will assume the role of US Central Zone Leader effective May 1, reporting to Pat Donnelly, President, US and Canada, Marsh.
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