News - Insurance

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.

MMC: Next generation industry leaders must "adapt or face extinction"

During Rising Professionals' Global Forum 2019, a two-day event gathering approximately 700 delegates from insurance and financial services industry, Marsh & McLennan (MMC) representatives stressed about how the next generation of industry leaders must adapt to the new challenges and opportunities.

Green light for the Generali and Concordia merger in Poland

The Polish Financial Supervision Authority agreed to the merger of Generali Zycie and Concordia Capital. Maciej FEDYNA, Member of the Management Board of Generali Polska, will perform the function of President of the Management Board of the Concordia Polska Mutual Insurance Society.

AVIVA to cut 1,800 jobs over the next three years

AVIVA's head Maurice TULLOCH - appointed as CEO of the UK largest insurer on March 4th 2019 replacing Mark WILSON, announced the Group is cutting 1,800 jobs over the next three years in an effort to cut costs.

Romanian Group company OMNIASIG combines healthy lifestyle with environmental protection

VIG's Romanian Group company OMNIASIG has consolidated and significantly intensified its social, environmental and community commitment with a new CSR strategy. Employee involvement is a key element of the strategy. At a ceremony held in Bucharest on 6 June 2019 OMNIASIG, received the Silver "Gunter Geyer Award for Social Conscience" in recognition of its efforts.

RUSSIA: Nikolay GALUSHIN leaves Presidency of RNRC July 1

The Russian National Reinsurance Company (RNRC) announced that Nikolay GALUSHIN, its President and Chairman will leave the position on July 1, 2019, "following the successful implementation of the launch and development of national reinsurer's activities, through the company's strategy".