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Insurance

"IIF 2018 - CEE & SEE - Regional Actuarial Insurance Conference": Main conclusions
Industry professionals from CEE gathered on 22 February, in Macedonia, at the "IIF 2018 - CEE & SEE - Regional Actuarial Insurance Conference", to analyze the current reality of the actuarial job. Continuare
(22.02.2018)
European Parliament approach on access to in-vehicle data welcomed by European insurers
Insurance Europe has welcomed the result of the vote in the European Parliament's Committee on Transport and Tourism (TRAN) on the draft report on a European strategy for Cooperative Intelligent Transport Systems (C-ITS). Continuare
(22.02.2018)
VIG in Croatia: New CEO following merger of Group companies
Jasminka HORVAT MARTINOVIC will succeed Walter LEONHARTSBERGER-SCHROTT as CEO of WIENER osiguranje on 1 May 2018. The changeover will take place in parallel with the planned merger of VIG's two Croatian Group companies. Continuare
(22.02.2018)
SBERBANK Insurance Broker: credit rating confirmed as ruAA
SBERBANK Insurance Broker has confirmed credit rating as ruAA (high) based on the national RAEX Ratings (Expert RA). Rating outlook is stable. Continuare
(21.02.2018)
AEGON Supervisory Board Member Dirk VERBEEK to step down at next AGM
THe Dutch insurer AEGON announced that Dirk VERBEEK, member of its Supervisory Board, has decided to step down at the next Annual General Meeting of Shareholders (AGM) of May 18, 2018. Continuare
(21.02.2018)
Swiss Re completes public share buy-back programme 2017
Swiss Re announced that it has completed the 2017 public share buy-back programme of up to CHF 1.0 billion purchase value, authorised by the Annual General Meeting on 21 April 2017 and which it launched on 3 November 2017. Continuare
(21.02.2018)
5 years of Gothaer in Romania in figures and highlights. "Details make the difference!"
Back on 4 February 2013, Gothaer came to Romania and promised to show what "better insured than you think" meant. Five years later, the enthusiasm is still there, and so is the Gothaer team, but now relying on the results obtained so far. Continuare
(21.02.2018)
ACHMEA appoints Jan van den BERG to Supervisory Board
The Dutch insurer ACHMEA said its General Meeting of Shareholders has appointed Jan van den BERG as a member of the Supervisory Board of the company. Continuare
(21.02.2018)
SPECIAL OFFER for "The European Consumer Protection Conference": pay for ONE conference pass, get TWO!
Until 28 February, each paid registration for The European Consumer Protection Conference brings you a BONUS free pass! So take your colleague with you and join the debates! Register NOW! Continuare
(21.02.2018)
Profit from our SPECIAL OFFER! Register now at the "IIF 2018 - MOTOR INSURANCE - the innovation challenge" conference!
Are you and your colleagues interested in participating at the "IIF 2018 - MOTOR INSURANCE - the innovation challenge" conference? We have a SPECIAL OFFER: pay for ONE conference pass, get TWO! Continuare
(21.02.2018)
Get TWO tickets for the price of ONE at the "IIF 2018 - PROPERTY INSURANCE - the NatCat challenge and beyond" Conference! Register now!
Join top professionals representing the most relevant re/insurance entities, digital technologies providers, claims adjusters and risks modelling companies on 23 March, in Prague, at "IIF 2018 - PROPERTY INSURANCE - the NatCat challenge and beyond" Conference! Profit now for our SPECIAL OFFER: pay for ONE conference pass, get TWO! Continuare
(21.02.2018)
One in five organizations does not currently have or plan to purchase cyber insurance
Cyber risk is now at the forefront of the corporate risk agenda, but cyber risk management strategies are not keeping pace despite an increasingly complex threat environment and escalating potential financial impact, a recent survey says. Continuare
(21.02.2018)
In what ways is IFRS 9 disruptive? Find out at the "IFRS 9 After Implementation In-House Training"!
IFRS 9 is said to be the most disruptive evolution banks have been facing in the last 40 years. It is also likely to render obsolete many regulatory requirements. Continuare
(16.02.2018)
PERILS: initial loss estimate for Extratropical Cyclone "Burglind", EUR 643 million
Extratropical Cyclone "Burglind", also known as "Eleanor" may have caused insured property losses of about EUR 643 million, PERILS, the industry-wide catastrophe insurance data independent provider, has disclosed its initial loss estimate. Continuare
(15.02.2018)
FITCH: increasing demand for cyber insurance may be both an opportunity and threat for insurers
In response to the sharp increase in data breaches in recent years, P/C insurers' efforts to offer cyber risk coverage for their policyholders have advanced significantly, and insurers' cyber risk offerings are likely to expand further in 2018, Fitch Ratings says. Continuare
(15.02.2018)

Moldova

STATISTICS: Moldova, 3Q2017: GWP up by 5.2%, while claims slowly decreased by 0.84%
GWP collected by Moldavian insurers totaled MDL 1,067.96 million and went up by 5.26% compared to the similar period of 2016, according to the official data published by the National Commission of the Financial Market in Moldova (NCFM). Continuare
(07.12.2017)
Rep. of Moldova: MTPL tariffs could be liberalized gradually while insurers' capital could reach MDL 1.8 billion lei according to NCFM strategy
Until 2022, the volume of insurance reserves and the insurers' capital must reach the level of MDL 1.8 billion each, the development strategy developed for the following five years by the National Commission of the Financial Market in Moldova (NCFM) for the non-banking financial market envisions. Continuare
(16.11.2017)
Main conclusions: The Insurance Conference - Republic of Moldova
One of the most important annual events dedicated to the regional insurance market, The Insurance Conference - Republic of Moldova, took place on 10 October in Chisinau, gathering over 120 professionals from Moldova, Romania, Russia, Ukraine, Holland, Germany, The Czech Republic, Poland, Croatia and Latvia. Continuare
(12.10.2017)
STATISTICS: Moldova, 1H2017: GWP up by 5.62%; changes in the market hierarchy
Total GWP collected by Moldavian insurance companies in 1H2017 have reached to MDL 663.35 million, up by 5.62%, according to data published by the National Commission of the Financial Market in Moldova (NCFM). Continuare
(07.09.2017)
MOLDOVA: In 1H2017, the pre-tax profit of insurers was MDL 33.8 million, one third amore y-o-y
The incomes of the insurers increased 0.9% year-on-year to MDL 1 billion 093.3 million. The incomes from insurance activities proper were MDL 978.5 million, up 14.4% year-on-year. The expenses of the insurance companies grew 8.2% to MDL 1 billion 059.5 million.
Continuare
(22.08.2017)
STATISTICS: MOLDOVA, 1Q2017: Local insurers' business grew by 10.22% in the beginning of 2017
In 1Q2017, the total GWP collected by Moldavian insurance companies have reached to MDL 310.33 million, up by 9.12% y-o-y, according to the official data published by the market watchdog. Continuare
(22.06.2017)
STATISTICS: MOLDOVA, FY2016: Growth supported by the MTPL rates
The total GWP by Moldova's insurance companies increased by 9.67%, to MLD 1,347.04 million (EUR 64.48 million) in 2016, according to the official data published by the supervisory authority - NCFM. Continuare
(06.04.2017)
MOLDOVA: Two Moldasig shareholders, forced by the NCFM to sell their shares
The National Commission of Financial Market (NCFM) has decided to sanction two shareholders of the insurance company Moldasig. Thus, the "WESNA" L.T.D. (4.99% share) and "ERWA" Limited (4.98% share) shareholders, have 3 months to sell their shares. Continuare
(20.12.2016)
MOLDOVA: Eight insurance companies risk losing their license
The National Commission of Financial Market (NCFM) has warned eight insurance companies from Moldova, that they could remain without license,  because of the irregularities detected. Continuare
(05.12.2016)
STATISTICS: Rep. of MOLDOVA, 3Q2016: GWP up by 11.58%, exceeding MDL 1 billion
In 3Q2016, the total GWP collected by Moldavian insurance companies have exceeded one billion MDL, up by 11.58% compared 3Q2015, according to the official data published by the National Commission of the Financial Market in Moldova (CNPF). Continuare
(24.11.2016)
MOLDOVAN insurance companies fined by NCFM
Most of Moldovan insurance companies were fined by the National Commission of Financial Market (CNPF). The sanctions were imposed because they have not met the deadline for payment of compensation and preparing the minutes on prejudice. Continuare
(14.11.2016)
Moldova: GENERAL Asigurari is the newest player to enter the market
GENERAL Asigurari is the most recent player to enter the re/insurance market in Moldova. The Board of Directors of the National Commission of Financial Market has issued the prior approval of registration in this regard, according to official anouncement made by local supervisory authority. Continuare
(10.11.2016)
STATISTICS: Rep. of Moldova, 1H2016: GWP up by more than 9.5%, while claims increased by over 40%
The Moldavian insurance market has recorded in 1H2016, total GWP of MDL 628 million (EUR 28,2 million), increasing by 9,5% as compared with 1H2015, according to the official data published by the National Commission of the Financial Market in Moldova (CNPF). In the European currency, company's GWP have seen a decrease of 0,49%, as a consequence of the national currency depreciation against the European one. Continuare
(18.08.2016)
MOLDOVA: Insurance company ASITO closes down!
Shareholders of ASITO insurance company have decided to close the company. The director of ASITO, Andrei Lupyri, has written a request to the Financial Market National Committee, with the request to take away the license. Continuare
(07.07.2016)
Moldova avoids suspension from the Green Card system
The General Assembly of the Council of Bureaux in Brussels decided on June 2 to revoke the suspension of the National Bureau of Motor Insurers of Moldova (BNAA) from the "Green Card" system. Continuare
(09.06.2016)
 





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