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XPRIMM News No. 686, 2 May 2024

Insurance Newsletter No. 686, 2 May 2024
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TOP NEWS

by Daniela GHETU, 2024-04-30
VIG Re, the reinsurance arm of Vienna Insurance Group, has published its Annual Report confirming preliminary financial figures communicated on 20th March 2024.
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by Marina MAGNAVAL, 2024-04-30
The most significant challenges of the insurance industry in the field of regulation and development in the coming years are related to data and digitization.
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by Marina MAGNAVAL, 2024-04-30
The National Bureau of Insurers of Montenegro and the Montenegrin Actuarial Society organized the second edition of the Montenegrin Insurance Days - a conference named "New Horizons of Insurance". The event took place on April 22-24, at the Avala Hotel in Budva.
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by Marina MAGNAVAL, 2024-04-30
According to the 1Q2024 results, the list of 1000 largest taxpayers in Armenia included, as a year earlier, 3 insurance companies out of the existing 7: LIGA Insurance, Nairi Insurance and INGO Armenia (now INGO), ArmInfo reports.
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by Marina MAGNAVAL, 2024-04-30
Negotiations are underway with the Turkish Insurance Data Center about creation of a similar system to support digital transformation in the insurance sector in Azerbaijan, ABC.AZ wrote.
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by Marina MAGNAVAL, 2024-04-30
In 2023, the number of insured air vehicles in Georgia amounted to 84 units, which is 13% less y-o-y, according to the financial reports of insurance companies, commersant wrote.
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by Marina MAGNAVAL, 2024-04-30
Among 6.4 million Kazakhstanis who insured their lives, only 1.5% did so voluntarily, as Zhanar Zhubaniyazova, chairman of the life insurance company - Halyk Life, said, Kursiv wrote.
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by Marina MAGNAVAL, 2024-04-30
On April 12, 2024, the rating agency AM Best confirmed the financial strength rating at B++ (Good) and the Long-term issuer credit rating at bbb (Good) for the life insurance company - Halyk-Life. The outlook is stable, the insurer wrote on its website.
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by Marina MAGNAVAL, 2024-04-30
In 2023, the income of 16 insurance companies operating in the insurance market of Kyrgyzstan increased 1.3 times y-o-y and amounted to KGS 3.8 billion (EUR 38.56 million). At the same time, the largest share of income (80% of the total) was received from insurance premiums, the National Statistical Committee of the Kyrgyz Republic reports.
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by Daniela GHETU, 2024-04-30
The Austrian UNIQA Group report, solvency capital report and sustainability report for 2023 was published confirming the “very positive developments of the companies in CEE, which made a substantial contribution of around 50% to its increased profitability.”
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MARKETS & TRENDS

by Daniela GHETU, 2024-04-30
In Austria, the probability of meeting a drug driver on the road is high. A recent study shows a further increase in drug drivers by at least 23% in the last twelve months. Yet, only around 3% of them were reported as such, an articles published by the Austrian Association of Insurers (VVO) reads.
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VIG

Omniasig

INSURERS & SOCIETY

Goran Ivaniševi? and Luna Vujovi? presented new UNIQA SEE Future foundation– support for a better future
by Daniela GHETU, 2024-04-30
Tennis legend Goran Ivaniševi? and the young tennis star, Luna Vujovi?, played an unusual exhibition match in Zagreb on the European Square, as part of the announcement of the establishment of the UNIQA SEE Future Foundation.

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EVENTS

25th International Insurance Reinsurance Forum - FIAR
26-28 May 2024
Hotel Sheraton, Bucharest, Romania
fiar.ro


International Conference on Insurance Claims
29 May 2024
Sheraton Hotel, bucharest
Details: xprimmevents.com


2024 CEE/SEE Regional Actuarial Conference
30 - 31 May 2024
Hotel Europe, Sarajevo, BiH
Details: actuairesdumonde.org


Azerbaijan International Insurance Conference
20-21 June 2024
Baku Marriott Hotel Boulevard, Baku, Azerbaijan
Details at xprimmevents.com


Pensions & Investments WorldPensionSummit
5-7 November 2024
The Hague, Netherlands
Details: cvent.com



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