News - Insurance

ADRIS Grupa to invest EUR 60 million in insurance by 2023

CROATIA's osiguranje shareholder - the Rovinj based consortium ADRIS Grupa - with businesses in tourism, real estate, tobacco and food industry announced it plans to invest HRK 3 billion (EUR 400 million) in developing its three main business segments by 2023.


New members elected in the Geneva Association's Board

The Geneva Association, the global organization of insurance and reinsurance CEOs, has announced the election of four new Board members. The association's Board refreshment follows to the appointment, in February, of Jad ARISS as Secretary General.

AXA XL appoints ex AIG executive as CUO

AXA XL, the property & casualty and specialty risk division of AXA, has named Robert KLEPPER as Chief Underwriting Officer -- Short Tail Insurance Lines, reporting to Jason HARRIS, Chief Executive, Global Property & Casualty Insurance.





SERBIA: DUNAV supported AGROSIRM

DUNAV Osiguranje, a Serbian insurance company based in Belgrade and the largest non-life insurance company in the Serbian insurance market, for the second consecutive year supported the Srem Agricultural Fair - AGROSIRM, that was held on June 8-9, as the company stated on its website.







RUSSIA: SOGAZ comes back to leadership in the first quarter

In the first quarter of this year, SOGAZ was way ahead of last year's leader SBERBANK Life insurance, collecting RUB 80.1 billion in GWP (GWP of SBERBANK Life insurance reached RUB 37.5 billion), ASN reported based on the data of the Bank of Russia.


SLOVENIA: Green Card passive claims increased by 46% in the past 7 years

In 2018, there was a total of 7,285 "Green Card" claims for motor accidents caused by Slovenian vehicles, almost three times higher than 2,456 Green Card claims for motor accidents caused by foreign vehicles inside Slovenia, Slovenian Insurance Association (SIA) figures show.