News - Markets & trends

MTPL prices in Central and Eastern Europe - how far from the mature markets?

Although mandatory in all European countries, MTPL insurance registers major differences both in rates and coverage accross the CEE and CIS markets. Thus, if in countries such as Russia and the Republic of Moldova the MTPL price is a standard one, regulated through the local legislation, in the member states of the European Union the price liberalization transformed the MTPL into one of the main sore points of the insurance markets.

Reinsurance in the CIS - the main trends and forecasts for 2014

In the report of the international rating agency Standard & Poor's, the international reinsurance market in 2013 was characterized as a record of high level of capitalization, high profitability and growing importance of the reinsurance sector, which together reflect the strong performance of the sector over the past five years.