CEE, Russia & CIS - archive |
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AXA announced on the December 29th 2010 its 80% B&B Insurance
Belarus share purchase, a company holding the first place on the local
profile market and the second place on the local non-life insurance
market.
more...
(17.01.2011)
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Insurance company WINNER Osiguruvanje, member of VIENNA Insurance Group,
received from the national supervisory authority its practice license
for life insurance, starting January the 1st, 2011.
more...
(18.01.2011)
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The Russian Prime Minister, Vladimir PUTIN, committed to help the
Russian investment group PAMPLONA to raise its stake in British insurer
CHAUCER, member of LLOYD's.
more...
(20.01.2011)
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The end of 2010 brought with it important capital increase operations
for the largest insurance companies in Montenegro (LOVCEN and SAVA
MUNTENEGRU). Thus, at the end of December, the General Shareholders
Meeting of LOVCEN Osiguranje decided a capital increase and issuing some
new shares.
more...
(20.01.2011)
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The Bosnian insurance company VGT Osiguranje closed 2010 with a 16%
growth in the gross underwritten premiums, in comparison with 2009.
According to the company's officials, the increase is due to an
operational extension in the whole country, as well as to offering more
protection products for small and medium enterprises.
more...
(24.01.2011)
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Only 3 years after entering the Serbian insurance market, BASLER, member
of the BALOISE Swiss group, is now first place on the professional
liability insurance for physicians segment.
more...
(19.01.2011)
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Over 300 companies out of the 600 that are currently active on the
profile market in Russia might end their activity in the next two years,
according to the President of the Insurance Supervisory Authority,
Alexandr KOVALI.
more...
(06.12.2010)
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The end of last week had scheduled the signing of the agreement
regarding the acquisition of the Albanian insurance company ALBSIG by
the Slovenian insurance group TRIGLAV. So far, TRIGLAV held 9.9 percent
of the ALBSIG shares, but "this figure will be increased to at least 50%
in the next period", according to Slovenian publication FINANCE.
more...
(14.12.2010)
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The Dutch insurer AEGON plans to enter the insurance market in Ukraine
by acquiring the majority stake of local society NADYA, announced
company representatives of the investment company ARCA Capital, which
represents the interests of NADYA.
more...
(13.12.2010)
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The fourth edition of the International Forum in Tashkent, Uzbekistan,
one of the most important profile events in Central Asia, will be held
during April 14th-17th, 2011, organizers estimating a total of 300
participants from Asia, CIS countries, as well as from Central and
Eastern Europe. Traditionally, for the third consecutive year, PRIMM
Insurance & Pensions Magazine supports the forum, as Media Partner.
more...
(13.12.2010)
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The European insurance sector remained stable in
2009, according to key figures released on 23rd of November by CEA, the European
insurance and reinsurance federation. Provisional
figures for 2009 indicate that gross written premiums in Europe
totalled EUR 1,057 billion, representing a growth of 2.9% at constant
exchange rates compared with 2008.
more...
(02.12.2010)
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On November 9-10, 2010 Moscow hosted 6th international conference "World Views for Life Insurance in Eastern Europe, CIS and Asia" held by Russian Polis Information Group with the support of HANNOVER Life Re, SCOR Global Life and Russian life leaders ALICO-METLIFE, ROSGOSSTRAKH Life, ALLIANZ ROSNO Life, SOGAZ Life, MSK Life and URALSIB Life.
more...
(02.12.2010)
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Insurance companies in Kazakhstan have cumulated, in the first 10 months
of this year, gross written premiums amounting to EUR 588.4 million, up
by about 28% compared with the corresponding period of last year,
according to data of the Insurance Supervisory Agency in Kazakhstan.
more...
(01.12.2010)
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VIENNA Insurance Group, eastern Europe's biggest insurer, postponed its EUR 500 million (USD 666 million) sale of 30-year subordinated bonds, according to a banker involved with the transaction.
more...
(02.12.2010)
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Assicurazioni GENERALI, Europe's third-biggest insurer, plans to increase its real-estate holdings and boost asset-management in central and Eastern Europe and Asia to raise profitability, according to Bloomberg.
more...
(30.11.2010)
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On the 16th of November, 2010, the works of the Azerbaijan International
Forum dedicated to Catastrophe Risks and Construction Safety, held in
Baku by the UN Economic Commission, in partnership with the Government
of Azerbaijan, have started. During the two days of the Conference,
discussions will focus on the need for implementation of measures for
disaster prevention and management of catastrophic risk, particularly
frequent in the region.
more...
(17.11.2010)
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Only 1% of the homes of individuals and of properties of legal persons
in the region of Central Asia and Caucasus (ACC) have an insurance
against catastrophe risks, despite their increased exposure to these
events, shows the presentation of Cristina IGNAT, Deputy General
Director, STELLAR Re, held at the International Conference in Baku.
According to the quoted official, the most frequent risks of catastrophe
in the region are: earthquake, floods, landslides, avalanches and
storms.
more...
(17.11.2010)
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Total premiums written by ALLIANZ in CEE increased by 3% to EUR 2.8 billion, from EUR 2.7 billion in the same period of 2009. Adjusted for currency effects, premiums decreased by 2%. Operating profit in the first three quarters amounted to EUR 66
million, which corresponds to a 70 percent decrease compared to the
first nine months of 2009.
more...
(17.11.2010)
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In the CEE markets VIENNA Insurance Group reported written premiums of EUR 2 billion, corresponding to an increase by 1.2%. In the non-life insurance segment premiums written totalled EUR 759.3
million. Growing significantly by 27.7 percent, premiums written in the
life insurance business rose to a total of EUR 530.8 million.
more...
(17.11.2010)
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Members of the Million Dollar Round Table should be ever mindful that complete compliance with and observance of the Code of Ethics of the Million Dollar Round Table shall serve to promote the highest quality standards of membership.
more...
(17.11.2010)
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