1asig.ro
 About us  Contact  Site Map   Login   


Search
HomeInsurance marketEventsPublicationsXPRIMM TV  
 News   FSA   Interview of the week   Insurers   Insurance Brokers 










Insurance

James TUPLIN appointed as Head of Cyber & Technology, Media and Telecoms, International at XL Catlin
XL Catlin's insurance operations today announced the appointment of James TUPLIN as Head of Cyber & Technology, Media and Telecoms, International. In this role, Mr. TUPLIN is responsible for the underwriting of Cyber insurance, as well as Professional Indemnity insurance for the Technology and Media sectors. He is based in London. Continuare
(23.03.2017)
Niran PEIRIS appointed to the ALLIANZ SE Board of Management; Christof Mascher's contract extended until 2020
Niran PEIRIS (55) is appointed to the Board of Management of ALLIANZ SE as of January 1, 2018 until December 31, 2020. Niran PEIRIS has been with ALLIANZ for 16 years in various management positions at ALLIANZ Australia, where he has served as the Chief Executive Officer since the beginning of 2013. He will take over responsibility for the Global Insurance Lines, Anglo Markets, Russia, ESG from Axel THEIS (58). Continuare
(23.03.2017)
Giulio TERZARIOL appointed to ALLIANZ SE Supervisory Board
Giulio TERZARIOL (45) has been appointed to the ALLIANZ SE Board of Management as of January 1, 2018. He takes over responsibility for the Finance, Controlling and Risk Management division. He is succeeding Dieter WEMMER (60), whose contract ends at the end of 2017 upon reaching the Board's designated age limit. Continuare
(23.03.2017)
M&A deals expected to remain a widely used tool by insurers in search of growth
The number of completed M&A in the global insurance industry fell to 387 in 2016, 13% down from the 444 transactions recorded in 2015, said Clyde & Co's in a recent report*. KPMG International describes the trend as a come back to normal, after the blowout performance of 2015**. Continuare
(22.03.2017)
Inclusive insurance and Microinsurance for the CEE and Transcaucasian regions - under discussion in Ljubljana
Inclusive insurance and Microinsurance, as a more specific tool for enabling the inclusion into insurance services of low-income population, play a major role in providing financial safety-net for large parts of population and thus providing a framework for prosperity and stability of their daily lives and businesses. This is concept that underlies the "Inclusive Insurance and Microinsurance" Conference, to take place in Ljubljana, on May 17, 2017. Continuare
(22.03.2017)
Austria, FY2016: Life insurance remains on a downward trend, affecting the overall market size
According to the Austrian Insurers Association - VVO, the preliminary figures for 2016 show an overall drop in the premium income of 2.1%, to EUR 17 billion, the main driver of the downward trend being the life insurance segment. The total insurance benefits for the year 2016 amounted to 14.8 billion euros - a drop of 3.9% y-o-y. Continuare
(22.03.2017)
Combating the insurance fraud - under scrutiny in Moscow with the Russian market's experts
On March 28th will take place in Moscow the International Roundtable Meeting "Boundary-2017. Methods and instruments to combat unlawful developments in insurance", organized by ARIA - the All-Russian Insurance Association. Continuare
(20.03.2017)
A dozen European start-ups will be defending their projects during Pitch Day
12 start-ups from a variety of countries have already confirmed that they will be presenting their projects at the InsurtechNow Pitch Day, taking place on June 2 in Madrid, Spain. Continuare
(17.03.2017)
Global non-life insurance market will surpass USD 2.7 trillion by 2020
The global non-life insurance market has experienced strong growth in recent years, registering a compound annual growth rate (CAGR) of 5.4% between 2011 and 2015 to reach a value of USD 2.03 trillion, according to data from research company MarketLine. Continuare
(16.03.2017)
German residential insurers' business result positive for the first time in 15 years
For the first time since 2001, in 2016 there has been a slight gain in residential property insurance in Germany, says a recent statement of GDV - the German Insurers' Association. The company's combined ratio last year was 97% (previous year: 101.4%), according to current industry figures. GWP for residential insurance amounted to EUR 6.8 billion while paid benefits were worth EUR 4.7 billion. Continuare
(16.03.2017)
USA: Satisfaction with property insurance claims surges, even as number of catastrophes reaches 10-year high
Overall customer satisfaction among homeowners filing property insurance claims has reached a new all-time high, according to the J.D. Power 2017 U.S. Property Claims Satisfaction Study,SM released on March 1st. This surge in insurance customer satisfaction corresponds with a 10-year high in catastrophic events, which are typically associated with lower satisfaction scores. Continuare
(15.03.2017)
Qatar Re - successful issue of USD 450 million perpetual non-call 5.5 year subordinated Tier 2 notes
Qatar Reinsurance Company Limited ("Qatar Re"), a subsidiary of Qatar Insurance Company S.A.Q. ("QIC"), has announced the successful issue of USD 450 million Reg S Perpetual non-call 5.5 subordinated Tier 2 notes guaranteed on a subordinated basis by QIC to institutional investors, representing its debut issuance in the international debt capital markets. Continuare
(15.03.2017)
FITCH: Italy Life Sector Outlook Negative on Wider Gov't Spreads
Fitch Ratings has changed, on 14 March 2017, its sector outlook for the Italian life insurance market to negative from stable, as wider spreads on Italian sovereign debt may weaken insurers' capitalisation and business retention. Domestic government debt accounts for around half of the investments of Italian insurers. Fitch's rating Outlooks for most Italian life insurers remain Stable. Continuare
(15.03.2017)
Join financial experts from all over the world at the Market Developments within Direct Lending Conference
As banks withdraw from direct-lending, which has been traditionally viewed as a high-risk but high-yield asset, fund managers have begun to fill the void in the market with a particular focus on SMEs. In recent years regulators have also acknowledged the importance and value of having funds who specifically deal with direct lending, and so legislation has been altered to not only make it easier for funds to distribute loans, but also actively encouraged by European governments. Continuare
(10.03.2017)
Key points of digital transformation, analyzed at the Global Summit for Insurance Innovation
Digital transformation is dramatically changing industries like insurance which, thanks to the emergence of new IT companies, are adapting their product lines to the demands of new client, digital natives, who are more demanding and better informed. Such new firms, known collectively as Insurtech, are adding new ingredients to the insurance companies' value chain by means of disruptive proposals. Continuare
(10.03.2017)

Moldova

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)
STATISTICS: Moldova: Insurance market grew by 12.1% in the first quarter
In the first three months of 2016, the total premiums of Moldova's insurance companies increased by 12.12%, up to MLD 284.41 million, compared to the same period of 2015, according to the official data published by the supervisory authority - NCFM. Continuare
(09.06.2016)
MOLDOVA: "Bomb" under the insurance system Green Card
On Friday, May, 13, 2016, the Board of Directors of the National Commission for Financial Market convoked urgently an extraordinary meeting. The reason was the imminent risk Moldova to be excluded from the international system of insurance Green Card, informs the Mold-Street. Continuare
(23.05.2016)
STATISTICS: MOLDAVIAN insurers reported a business volume of EUR 59 million at the end of 2015
At the end of December 2015, the Moldavian insurance market totaled MDL 1.2 billion (about EUR 58.8 million), up by 2.1% y-o-y, according to the preliminary statistics recently published by the market's supervisory authority. Claims paid by the 15 insurers that have reported operations totaled MDL 386.6 million (or EUR 18.5 million) - equivalent to 31% of the total GWP. Continuare
(14.04.2016)
MOLDOVA: Green Paper system is available for yet three months
Council of Bureaux (CoB), the European institution based in Brussels, manager of the international insurance system "Green Card", has decided to postpone the decision suspending the National Bureau of Motor Insurers of Moldova (NBMI) of the "Green Card" until the General meeting of its members, scheduled to take place in early June, reads a press release issued by the NBMI.
Continuare
(03.03.2016)
STATISTICS: MOLDOVA: All insurers have gained profit in the first 9 months
All 15 insurance companies active on the Moldavian insurance market have concluded the first nine months of the year with a positive balance, according to data published by the National Commission of Financial Market (NCFM). Continuare
(17.12.2015)
Starting April 1st, 2016, MOLDAVIAN drivers will not be able to buy Green Card insurance
Starting April 1st, 2016, Moldavian drivers will not be able to buy Green Card policies from local companies, according to the most recent decision taken by the National Bureau of Motor Insurers (BNAA). According BNAA's statistics, on December 7th, there were 39,589 valid Green Card policies issued by 10 authorized insurers. Continuare
(10.12.2015)
MOLDOVA 3Q2015: Stagnation in GWP, decreasing claims expenses
The GWP, in the first nine months, by the 15 Moldavian insurance companies active on the local market, totaled MDL 909.25 million (EUR 44.16 million), up by 1% y-o-y, according to the official data published by the National Commission of Financial Market of Moldova. Continuare
(12.11.2015)
 





XPRIMM.TV

IIF 2015 - Property Insurance in a Stormy Era


FIAR 2015 Conferences and Interviews


IIF 2015 - Motor Insurance - The road towards profitability


European Conference on Consumer Protection in Financial Services 2015


Baden-Baden Meetings 2014


FIAR 2014 Conferences and Interviews


IIF 2014 - The International Insurance Forum


European Conference on Consumer Protection in Financial Services


Baden-Baden XPRIMM Reception 2013


IIF 2013 - Motor Insurance


FIAR 2013 Conferences and Interviews


Interview of the week
Assen CHRISTOV Assen CHRISTOV
Chairman of the Supervisory Board
EUROHOLD

The economic environment and the insurance market are fully correlated. Healthy growth of the insurance business is hardly possible without economic growth. Of course, we have been an example of an expanding business in the times of economic downturn, but this expansion also comes along immense managerial and organizational efforts. Details




















Copyright 2017 (c) 1asig.ro
powered by Media XPRIMM