VIDEO: European policymakers must act to ensure insurers can fully contribute towards a sustainable Europe

Insurers can contribute towards a more sustainable Europe in multiple ways: through stewardship, investment and divestment strategies, and co-investment with governments in key green infrastructure programs, Insurance Europe's president, Andreas BRANDSTETTER, CEO and chairman of UNIQA Insurance Group, explained, speaking at the 11th International Insurance Conference taking place on 23 May in Bucharest.


Klaus IOHANNIS, President of Romania, at #InsConf19: The future of insurance consists of finding the right balance between immediate needs and a long-term oriented approach

"A fair and constructive debate on the future of the insurance industry is more than welcome now, in the context of the new challenges and opportunities that are arising". This is the official message sent by the President of Romania, Klaus IOHANNIS, with the occasion of The 11th International Insurance Conference, organized by Insurance Europe and taking place on 23 May in Bucharest.


VIG, 1Q2019: Net result improved by 10.5%

In the first quarter of 2019, Vienna Insurance Group (VIG) saw an increase of 2.9% in GWP, compared to the first quarter of 2018. Profit before taxes also increased by 8.7%, while the net result increased by 10.5%.


HALKBANK wants to further expand activity in Balkans

Turkey-based Halkbank announced the acquisition of Macedonian Nova Insurance, and now shows interest in investing in Moldova, too. Halkbank is already active in North Macedonia and Serbia, making Moldova the third country in the region Halkbank wants to develop.


AZERBAIJAN: regulator restricts AzerSigorta's license

The Financial Market Supervisory Authority of Azerbaijan (FIMSA) has restricted the license of the only state commercial insurer AzerSigorta, the regulator announced. Azerbaijan's Bureau of Compulsory Insurance (ISB) also restricted the insurer's access to its information system.


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INTERVIEW: Michaela KOLLER, Director General, Insurance Europe

"We are delighted to be holding the 2019 International Insurance Conference in Bucharest. It is a historic moment, as it is the first time the conference will be held in a central European country and comes as Romania holds its first ever presidency of the Council of the EU."


Conclusions: IIF 2019 - PROPERTY INSURANCE - the 2 CAT Cs: climate and cyber

Re/insurance professionals activating on the property segment, as well as cyber specialists, gathered on Tuesday, 9 April, in Vienna, Austria, at The "IIF 2019 - PROPERTY INSURANCE - the 2 CAT Cs: climate and cyber" Conference, to analyze the impact and current status of the climate and cyber risks.


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The Riskiest Routes around the World

To mark Global Road Safety Week, data from WHO has revealed that each day, 3,700 people die in road crashes, meaning that 1,350,000 fatalities occur every year on the world's roads. Moreover, according to data revealed by WHO, India, China and Brazil are the top 3 most dangerous places to travel by road.


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