News - Insurance

AZERBAIJAN: the Compulsory Insurance Bureau has made new appointments

The Board of Trustees for the Compulsory Insurance Bureau of Azerbaijan (ISB) has new appointments. Azer ALIYEV has been appointed Chairman of the Board of Trustees, replacing Lana GOZALOVA, first deputy chairman of the AXA Mbask Insurance Company in this position, Trend wrote.

AIG announces three new nominees to BoD

AIG announced that its Board of Directors has nominated three new director candidates for election at AIG's Annual Meeting of Shareholders 2019.

KAZAKHSTAN: agroinsurance goes from compulsory to voluntary

The agroinsurance system of Kazakhstan will undergo a radical change - transition from compulsory to voluntary, and from subsidized indemnities to subsidized premiums, reports with a reference to the Ministry of Agriculture.

EIOPA launches 2019 Occupational Pensions Stress Test Exercise

On April 2, 2019, the European Insurance and Occupational Pensions Authority (EIOPA) launched its biennial stress test of the European occupational pension sector. This exercise is expected to provide important and relevant insights into potential vulnerabilities of the sector.

HUNGARY: New regulations for unit-linked policies

New amendments from the Hungarian Ministry of Finance on unit-linked life insurance will come into force on July 1, 2019. The adjustment of the Insurance Activities Act creates new obligations for insurers.

PZU's Management Board confirmed for a new term

The Supervisory Board of PZU SA appointed the Management Board of the company, including its president, Pawel SUROWKA, for a new term, which will last until December 31, 2022.

Global fintech and innovation leaders meet in Istanbul

Fintech industry pioneers, practitioners, banks, insurers, asset managers, investors, entrepreneurs and enthusiasts from all around the world will gather in Istanbul, at the beginning of April, to participate at Istanbul Fintech Week.