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April 27th, 2015
 
 
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IIF 2015 - Motor Insurance - The Road towards profitability XPRIMM EXCLUSIVE

"Motor insurance - the road towards profitability" took place between the 19th and 20th of April in Istanbul
by adina.tudor@mxp.ro, 2015-04-17
25 speakers, 3 main parts and 2 interactive panels - these are the numbers that describe the fifth edition of "Motor insurance - the road towards profitability", a top level environment for re/insurance professionals and a platform for the exchange of business insights on essential issues of the re/insurance industry. The event took place between the 19th and the 20th of April in Istanbul, organized by Media XPRIMM and Istanbul Underwriting Center.
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The NTT Data Welcome Cocktail officially opened the fifth edition of the "Motor Insurance - The Road towards Profitability"'
by adina.tudor@mxp.ro, 2015-04-20
The elegant Pera Palace Orient Bar hosted on Sunday, April 19th, the official Welcome Cocktail for the fifth edition of the "Motor Insurance - The Road towards Profitability". The event was offered by NTT Data and represented an excellent networking opportunity for the specialists gathered these days in Istanbul for the motor conference.
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CoB ready to suspend the Moldavian Insurance Bureau from the Green Card system

Recently, the Council of Bureaux sent its 47 member countries a recommendation letter to suspend Moldova from the Green Card system starting July 1st. The final decision will be taken at the end of May by the General Assembly of the Council of Bureaux.
XPRIMM presents you an exclusive interview with Mariusz WICHTOWSKI, President of the Council of Bureaux, about the current situation on the Moldavian insurance market and the possible consequences of a suspension.
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The latest issue of Motor Insurance Report, launched at "IIF - Motor insurance-the road towards profitability conference"
The latest issue of XPRIMM Motor Insurance Report - CEE, CIS, SEE, the first specialized publication dedicated to the 32 motor insurance markets from CEE, SEE and CIS regions, was officially launched on April 20th, during the 5th edition of the "IIF - Motor insurance - the road towards profitability".
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FORTHCOMING EVENTS
Insurance Europe speaks at FIAR about the Solvency II implementation
by adina.tudor@mxp.ro, 2015-04-27
The Solvency II supervisory regime will be implemented at European level starting January 1st, 2016. While time is going short until the new regime's debut, it becomes more and more important to see if market players and the legislative framework are fully prepared to work properly. Insurance Europe's representatives will analyze within the FIAR's consultative framework the main issues concerning the Solvency II implementation.
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SWISS Re analyzes the particularities of moral damages on MTPL at FIAR 2015
by adina.tudor@mxp.ro, 2015-04-24
The explosion of moral damages and its consequences on the MTPL market is the main theme of discussion within the first part of the Motor Insurance Conference to be held at the FIAR - International Insurance-Reinsurance Forum.
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IIF 2015 - Property Insurance in a Stormy Era: Talking about the Nat Cat protection in the reinsurance hub of Munich
by daniela.ghetu@mxp.ro, 2015-04-2
"Estimated total economic losses of the devastating May 2014 floods came to staggering EUR 1.5 billion, which represents 4.5% of Serbia's GDP. Low penetration of insurance was evident in the amount of insured losses that were less than EUR 40 million," recently stated for XPRIMM a representative of the National Bank of Serbia. Beyond the important impact that this discrepancy between the total losses and the volume covered by insurance had on the Serbian economy, this piece of information is also relevant for the significant Nat Cat protection gap in the young European insurance markets.
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