TOP NEWS
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by Daniela GHETU, 2023-09-21 On 16 September, the provisions of NADOS’s Decision on amendments to the Decision on the method of determining the premium tariff and price list for MTPL insurance, entered in into force in the FBiH leading to an increase in the basic premium from 396 KM to 420.55 KM.  More
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by Daniela GHETU, 2023-09-21 Over 70% of the respondents to the 2023 edition of the annual survey undertaken by the Czech Insurance Association (CAP) are concerned about the inability to provide for themselves in old age. Also, availability unavailability of quality medical care is among the top concerns. More
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by Marina MAGNAVAL, 2023-09-18 From January to July 2023 life insurance companies paid out MKD 494 million (EUR 8 million). The five life insurers paid MKD 62.4 million (EUR 1 million) in July alone, which is 19% higher than the same month last year, the ISA (Insurance Supervision Agency) said. More
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by Andrei VICTOR, 2023-09-18 Following this year's regular revision, S&P Global Ratings reaffirmed the "A" Financial Strength Rating with a stable medium-term outlook of the Triglav Group and thereby of its parent company Zavarovalnica Triglav and the Group member Pozavarovalnica Triglav Re. More
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by Marina MAGNAVAL, 2023-09-18 During January-July of this year, the leader of the Azerbaijani insurance market, PASHA H?yat (PASHA Life), collected AZN 327 million (EUR 174.86 million), which is 32% more y-o-y, ABC.AZ reports. More
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by Marina MAGNAVAL, 2023-09-18 In January-June 2023, the net profit of the Georgian insurance sector amounted to GEL 34.3 million (EUR 11.99 million), which is GEL 24 million more than in the same period last year, Business Georgia wrote. The head of the Association of Insurers, Devi Khechinashvili, speaking about the 1H results, said that the sector has problems that significantly hinder growth. More
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by Marina MAGNAVAL, 2023-09-18 Since September 2023, insurance companies Euroins Ukraine and European Travel Insurance have ceased their participation in the National Association of Insurers of Ukraine (NASU). Both companies left NASU by decision of European shareholders, Forinsurer reports. More
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by Daniela GHETU, 2023-09-21 Higher interest rates transform the economics of insurance and put insurers on a more financially sustainable long-term path. Still, to narrow protection gaps, industry resources would need to grow in line with the growth in demand from evolving risks, such as catastrophes, reads the latest issue of the Swiss Re Institute’s sigma (no.4/2023). More
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by Daniela GHETU, 2023-09-21 Losses caused by end of August severe storms in Germany are expected to reach up to EUR 900 million, the German Insurance Association (GDV) said, while for the whole of August, the damage caused by storms, hail, lightning and floods adds up to EUR 1.5 billion. More
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by Daniela GHETU, 2023-09-21 E-scooters in rental fleets cause significantly more accidents than privately used scooters, an analysis by the German Insurance Association (GDV) shows. Rental scooters are responsible for more than half of all e-scooter accidents, although only one in four scooters in Germany belongs to a rental fleet, statistical data show. More
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ON THE MOVE
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by Andrei VICTOR, 2023-09-18
Zurich Insurance Group?has appointed Dirk De Nil, currently?CEO Zurich Benelux and Nordics, to?the role of Global Head of Zurich Resilience Solutions, effective October 1, 2023.
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by Daniela GHETU, 2023-09-21
Tokio Marine Kiln announces the appointment of Liam Burke, ACII to its Life Sciences division as underwriter, effective immediately. Burke will be second in seniority to TMK’s head of life sciences, Kirsten Shastri, who he will report to.
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TOP EVENT |
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by XPRIMM Teams, 2023-09-21 The 2023 edition of the Insurance Conference of the Republic of Moldova will take place on 17 October, in Chisinau. Organized by XPRIMM, the event benefit from the official support of the National Bureau of Motor Insurers of Moldova and CNPF – the National Commission for Financial Markets. More
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STATISTICS |
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by Andrei VICTOR, 2023-09-18 At the end of June 2023, the insurance market of Albania totaled ALL 11 billion (~EUR 104 million), up by 13% compared to January - June 2022, official half-year data provided by the Albanian Financial Supervisory Authority (AFSA) showed. More
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by Andrei VICTOR, 2023-09-18 At the end of the first half-year of 2023, the BiH insurance market totaled EUR 249.9 million (BAM 488.7 million), 9.9% more y-o-y, as statistics from the local insurance agency - AZOBIH shows. More
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by Andrei VICTOR, 2023-09-18 Kosovo's active 12 insurers reported an aggregate net profit of EUR 5.9 million at the end of June 2023 vs. EUR 2.5 million a year before, according to data provided by the Central Bank (CBK). At the same time, the total insurers' assets increased to EUR 294.2 million, from EUR 253.6 million a year earlier. More
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by Marina MAGNAVAL, 2023-09-18 The CIS* regional insurance market ended the first half of 2023 with a strong y-o-y decrease in euros - by 23%, amounting to EUR 14.39 billion, according to xprimm statistics. More
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by Marina MAGNAVAL, 2023-09-18 In the first half of 2023, the Moldovan insurance sector grew by 18.29%, reaching MDL 1.39 billion (EUR 70.03 million), according to data published by the National Bureau of Statistics of the Republic of Moldova. More
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EVENTS |
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CURRENT XPRIMM REPORTS
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