News - Insurance

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.

STATISTICS: ROMANIA, FY2018: Health insurance rose by 74.3%

Romanian insurance market recorded in 2018 GWP worth EUR 2,174 million and EUR 1,278 million in paid claims. Total GWP volume rose by EUR 92 million compared to 2017 results (+4.44%) while claims level increased by EUR 185 million (+16.97%), mainly due to motor claims increases.

STATISTICS: ROMANIA, 2008-2017: Motor business lines drove market evolution

Between 2008-2017, in the Romanian insurance market, MTPL was the only insurance class that maintained a positive dynamic. MTPL, together with the Life insurance segment, had the biggest influence over general market evolution. The Romanian market is still recovering after the post-crisis effects.

European Commission approves acquisition of JLT by MMC

TheEuropean Commission announced it approved the acquisition of Jardine Lloyd Thompson Group plc by Marsh & McLennan Companies. "The approval is conditional on the divestment of JLT's global Aerospace practice", as the European Regulator stated.

Burkhard KEESE confirmed as CFO of Lloyd's

Burkhard KEESE has been confirmed as the Chief Financial Officer (CFO) of Lloyd's following the unanimous approval of his appointment as successor to John PARRY by the Council of Lloyd's.