News

VIG retains listing in two sustainability indices

Vienna Insurance Group (VIG) has once again been included in the Austrian sustainability index VONIX and the global FTSE4Good index. Both sustainability indices include companies that are committed to environmental protection, social responsibility and good governance.

20.08.2018

NN Group acquires AEGON Czech Republic and AEGON Slovakia

NN Group announced that it has reached an agreement to acquire AEGON's Life Insurance business in the Czech Republic and AEGON's Life Insurance and Pension businesses in Slovakia for a total consideration of EUR 155 million.

20.08.2018

A.M. Best assigns credit ratings to Dunav Re Company a.d.o. Belgrade

A.M. Best has assigned a Financial Strength Rating of B (Fair) and a Long-Term Issuer Credit Rating of "bb+" to Dunav Re Company a.d.o. Belgrade (Dunav Re) (Serbia), a subsidiary of Dunav Insurance Company j.s.c. Belgrade. (Dunav), a multi-line insurer operating in Serbia.

20.08.2018

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MARKETS & TRENDS

MARSH: Global commercial insurance pricing up for the third consecutive quarter in Q2 2018
Global commercial insurance pricing increased for the third consecutive quarter in Q2 2018, largely driven by insurance pricing for property lines, which continued to be affected by 2017 catastrophe losses, and by increases in financial and professional lines, the latest data published by Marsh show.

20.08.2018
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Swiss Re Institute preliminary sigma estimates: Catastrophes cause global economic losses of USD 36 billion in the first half of 2018
Global economic losses from natural catastrophes and man-made disasters in 1H2018 were USD 36 billion, well below the ten-year average of USD 125 billion in economic losses and significantly lower y-o-y. USD 20 billion of the total were covered by insurance, Swiss Re Institute's preliminary sigma estimates show.

16.08.2018
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ON THE MOVE

Stefan STAVROSITU appointed Sales Director of GROUPAMA's Romanian unit

Groupama Asiguraari, the Romanian arm of the French group and of the leading players on he ocal market, has announced the appointment of Stefan STAVROSITU as National Sales Director, replacing Julien RAMILLION who, after holding this position for four years, will receive other responsibilities.

08.08.2018

TOP EVENT

LIVE: IIS Global Insurance Forum 2018 / Day2

The works of the Global Insurance Forum continued today in Berlin, Germany. Providing security for ageing populations in health care and pensions terms, as well as innovation and InsurTech or innovative strategies for the future development of the industry are on the today's agenda.

10.07.2018

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INSURANCE & TECHNOLOGY

Mistakes App Developers Should Avoid
Mistakes App Developers Should Avoid
by Rilind ELEZAJ
In this techno savvy era, a smart device has become the most important instrument that performs numerous tasks in the age we are living in. Our transition and full integration of mobile technology shows that it is to here to stay and evolve. More


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