TOP NEWS
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by Daniela GHETU, 2024-03-13
Austrian Vienna Insurance Group (VIG) reported GWP for the full year 2023 worth EUR 13.8 billion, 10% more y-o-y. Earnings before taxes reached around EUR 773 million, up by +32% y-o-y, while the insurance service revenue increased by 12%, to EUR 10.9 billion, VIG announced.
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by Daniela GHETU, 2024-03-12
Italian groups Generali ended 2023 with GWP of EUR 82.5 billion, 5.6% up y-o-y, and a record operating result of EUR 6.9 billion (+7.9%), thanks to positive contribution from all segments, led by P&C, the Group announced.
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by Andrei VICTOR, 2024-03-12
According to the preliminary 2023 financial results, Austrian insurance group UNIQA posted strong premium growth (+9.7% to EUR 7.18 billion) while earnings before taxes exceeded expectations (at EUR 426.4 million).
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by Andrei VICTOR, 2024-03-12
Based on preliminary figures, German insurer Talanx informed it is expecting Group net income of EUR 1.58 billion. This clearly surpasses the original annual target of approximately EUR 1.4 billion. Insurance revenue rose to EUR 43.2 billion (vs. EUR 39.7 billion).
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by Andrei VICTOR, 2024-03-12
The French reinsurer SCOR informed it achieved a record full year 2023 net income of EUR 812 million, due to the Q4 2023 performance.
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by Andrei VICTOR, 2024-03-12
Re/insurance marketplace Lloyd’s announced its 2023 preliminary FY2023 financial performance. “The full results will be released on 28 March 2024, accompanied by guidance on expectations for Lloyd’s Full Year 2024 results”.
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by Daniela GHETU, 2024-03-11
After the successful congress in Skopje, the Board of Actuaires du Monde decided to organizing a 2nd congress in Sarajevo (Bosnia & Herzegovina) - scheduled 30 & 31 May 2024, association has announced.
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by Marina MAGNAVAL, 2024-03-12
In 2023, the ombudsman of the Latvian Insurers Association (LAA) received 44 customer complaints about insurance services. The largest number of complaints were about property insurance (18), the Association said.
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by Marina MAGNAVAL, 2024-03-12
The market results achieved in 2023 complete a process of continuous three-year growth of the insurance industry.
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by Marina MAGNAVAL, 2024-03-12
A rise in health insurance premiums, which is largely attributed to cost increases by health care providers, has negative effects on both insureds and intermediaries, insurancedaily.gr writes.
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by Marina MAGNAVAL, 2024-03-12
As of January 1, 2024, the assets of the insurance sector of Azerbaijan amounted to AZN 1.80 billion (~EUR 0.96 billion), which is 13.2% more than at the end of 2022, ABC.AZ writes with reference to the report of the Cabinet of Ministers for 2023.
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by Marina MAGNAVAL, 2024-03-12
On March 1, 2024, the President of the Republic of Uzbekistan adopted a resolution “On comprehensive measures for the further development of the insurance market”, which introduces several innovations in insurance, the National Agency for Prospective Projects of Uzbekistan reports.
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by Andrei VICTOR, 2024-03-12
New analysis by the UK’s largest home insurer, Aviva, reveals that one in thirteen (8%) new homes built in England in the last ten years are in a flood zone, the equivalent of almost 110,000 homes.
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ON THE MOVE
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by Andrei VICTOR, 2024-03-12
The Supervisory Board of Allianz SE has extended the mandates of Board Members Sirma Boshnakova and Guenther Thallinger. Guenther Thallinger joined the Allianz SE Board of Management in 2017, Sirma Boshnakova in 2022.
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by Andrei VICTOR, 2024-03-12
Global re/insurance broker Aon named two new leaders to bolster the advanced risk analytics capabilities within its Risk Capital unit, helping to accelerate innovation and unlock capital.
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STATISTICS
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by Andrei VICTOR, 2024-03-12
According to the YE 2023 MNB (the National Bank of Hungary) statistics, the local insurance market totaled at the end of last year about HUF 1,508 billion (EUR 3.94 billion), up by 5.65% y-o-y.
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