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Insurance

XPRIMM Property Insurance Report - FY 2016 has been launched in Munich on 26 June
The 2017 edition of the XPRIMM Property insurance report has met its first readers on the occasion of IIF 2017 - The NatCat Challenge, the event which took place on 26 June, in Munich. Continuare
(22.06.2017)
AVIVA appoints Maurice TULLOCH to AVIVA plc Board
AVIVA has appointed Maurice TULLOCH as an Executive Director of the Company with effect from 20 June 2017. Continuare
(22.06.2017)
METLIFE announced senior leadership changes
METLIFE announced a series of changes to its senior leadership ranks. All of the changes are effective July 1. Continuare
(22.06.2017)
GENERALI: Bruno SCARONI appointed as new Group Strategy & Business Accelerator director
GENERALI Group announced that Bruno SCARONI, current Chief Executive Officer of EUROP ASSISTANCE Italy, has been appointed as Group Strategy & Business Accelerator Director with effect from 1st July 2017. Continuare
(22.06.2017)
AON appoints Andy MARCELL as President of AON BENFIELD
AON Benfield, the global reinsurance intermediary and capital advisor of  AON, has appointed Andy MARCELL as President of AON BENFIELD.  Continuare
(22.06.2017)
Former PZU CEO appointed at the Bank Pekao's top leading position
Michal KRUPINSKI, former CEO of the Polish largest insurance group, PZU, was appointed CEO of the second-largest lender Bank Pekao, following the bank's rakeover by the PZU and state investment vehicle PFR. Continuare
(22.06.2017)
TRUST Re appoints Labuan Branch General Manager
TRUST Re has announced the appointment of Mr. Kevin QUEK as General Manager for its Labuan Licensed Branch Office. Continuare
(22.06.2017)
LIVE TEXT: IIF 2017 Property Insurance - "The Nat Cat challenge" in brief
Hosted by NTT Data, Monday took place in Munich, Germany, the third edition of the International Insurance Forum series dedicated to the property insurance issues: "The Nat Cat challenge". Participants from 13 countries have attended the event produced by XPRIMM. Continuare
(22.06.2017)
Insurance NEXT'UA 2017 to force digitization in Ukrainian insurance industry
Ukrainian Federation on Insurance and the digital economy and fintech focused Future magazine with the support of the German (GDV), the Austrian Association of Insurers(VVO) and the League of Insurance Organizations of Ukraine held the first edition of the Insurance NEXT'UA 2017 in Ukraine Conference. The event was dedicated to the preconditions for digital changes in the insurance market of Ukraine and the world. Continuare
(21.06.2017)
WILLIS TOWERS WATSON reorganizes its Broking Unit; see the new leading team
Philip SMAJE will lead the WILLIS TOWERS WATSON restructured senior broking team within its Corporate Risk and Broking business, the company said in a statement. He was appointed Global Head of Broking. Continuare
(15.06.2017)
Bruce CARNEGIE-BROWN starts as Lloyd's Chairman
Bruce CARNEGIE-BROWN officially started as Lloyd's new Chairman on June 14, taking up the role following the retirement of John NELSON. Continuare
(15.06.2017)
Swiss Re Names EMEA Run-Off Chief, CEO for Italy
Swiss Re said it appointed an executive to oversee legal finality, or run-off portfolio solutions, for the Europe, Middle East and Africa regions while naming his successor as chief executive officer for Italy, reports Best Newswire. Continuare
(15.06.2017)
Mutual insurers' premium production hit record EUR 406 billion in 2015
EU mutual insurers wrote a record EUR 406 billion in premiums in 2015, according to the "Market InSights 2015 Europe" report published last week by AMICE in conjunction with ICMIF. Continuare
(15.06.2017)
A.M. Best has affirmed UnipolSai Assicurazioni's ratings tp A-, stable outlook
A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" of UnipolSai Assicurazioni S.p.A. (UnipolSai) (Italy). The outlook of these Credit Ratings (ratings) is stable. Continuare
(15.06.2017)
Discover the latest trends in customer experience in financial services
How can finance brands deliver outstanding customer experiences, using advanced digital and multi-channel strategies, insight-led data and tech innovations? Discover at the Customer Experiences in Financial Services Conference! Continuare
(15.06.2017)

Moldova

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)
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)
 


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




















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