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Russia & CIS

EUR 4.2 billion in premiums for ALLIANZ CEE in 2009

ALLIANZ in Central and Eastern Europe (CEE) reported total gross written premiums of EUR 3.6 billion in 2009. Comparing to EUR 4.2 billion in 2008 and adjusted for the devaluation of Central and Eastern European currencies, this is a decrease by 2 percent. Operating profit for 2009 decreased by 12%, to EUR 306 million versus EUR 348 million in 2008. more...
(09.03.2010)

Cabinet hikes insurance contributions to perk up sick healthcare

The Bulgarian cabinet and the medics' organizations agreed to raise the mandatory health insurance contributions by 2%, so that the National Health Insurance Fund (NHIF) can settle its dues to protesting doctors, DNEVNIK reported. more...
(11.03.2010)

TRIGLAV generated highest premiums last year

According to the preliminary data by the Slovenian Insurance Association, Slovenian insurance companies saw premiums on the domestic market rise 2.8 percent and reach EUR 2.1 million last year. The biggest share was controlled by Zavarovalnica TRIGLAV (35.8 percent), which reported EUR 743.1 million in premiums.
more...
(25.02.2010)

Ukrainian insurers faced a 25% decrease in premiums in 2009

Ukrainian insurance companies have underwrote in 2009 gross premiums of approximately  EUR 1.6-1.7 billion, according to estimates made by Alexander FILONYUK, Directorate President, League of Insurance Organizations of Ukraine (LIOU). In 2008, premiums totalized EUR 2.1 billion. He also mentioned that companies debts to the clients climbed to EUR 86.8 million in 2009, in comparison to EUR 4.8 million in the previous year. more...
(25.02.2010)

Belorussian insurers have increased premiums by 18% in 2009

Belorussian insurance companies have underwrote gross premiums of approximately EUR 280 million in 2009, an increase by 18.5% compared to 2008, according to Belorussian Ministry of Finance. more...
(25.02.2010)

Russian insurance market - down by 2.5% in 2009

Russian insurers have reported EUR 24 billion in written premiums in 2009, a decrease by 2.5% in comparison to the previous year, according to Aleksandr KOVALY, President of the Federal Insurance Supervision Service. At the same time, paid claims rose by 17%, up to EUR 18 billion. more...
(25.02.2010)

Sixth International Risk Management Conference to be held in Kazakhstan

The Sixth International Risk Management Conference will be held this year traditionally on 14-15 April 2010 in Almaty, Kazakhstan. This will be the Sixth Annual Conference on Risk Management organized and sponsored by EURASIA Insurance Company. more...
(25.02.2010)

All-Russia Conference on Reinsurance has come to its 14th edition

All-Russian Union of Insurers, with the support of the business center "DELOVOY Format", proudly presents their next conference "Reinsurance Efficiency: Lessons of Crisis", to take place in Moscow, National Hotel, on 25-26 March 2010.
The annual All-Russian Reinsurance Conference has traditionally become a major social event which brings together Russian reinsures and their foreign colleagues for the 14th time already. In 2009, the Conference was attended by 450 Russian and foreign reinsurers and guests, members of government bodies, market experts and mass media from 18 countries.
more...
(25.02.2010)

Russian Insurance Summit 2010

On May 20-23, 2010, the Russian Association of Insurers holds the VIIIth Annual International Insurance Summit in the city of Vladimir, club VELES. Within the framework of the Summit there will be discussions on the present situation and on problems of the national insurance market in the context of international insurance development. The main theme of the Summit will be "Insurance into the Second Decade of the XXIst Century". more...
(25.02.2010)

Tashkent International Insurance Forum

On April 8-9, 2010, SAIPRO holds Annual International Insurance Forum in the city of Tashkent, Republic of Uzbekistan.
Among the invited participants there are: top managers of foreign and national insurance, reinsurance and brokerage companies and other organizations, representatives of ministries, departments, state and public organizations, heads of foreign insurance market regulatory bodies, national and international associations, banks, investment and audit companies.
more...
(25.02.2010)

Interview of the week
Bogdan ANDRIESCU Bogdan ANDRIESCU
President
UNSICAR

The perspectives of the brokerage market are, in my point of view, extremely positive. Taking into account the evolution in 2009, when the brokerage market registered an increase, both in volume and as a share of insurance premiums, I consider that we will also register a growth in 2010. Details























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