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NEWS ALERT
November 19th, 2012
 
 
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Live from Frankfurt
Supported byPIRAEUS Insurance Broker
FRANKFURT: EURO FINANCE WEEK 2012 at the starting point
by daniela.ghetu@mxp.ro, 2012-11-19
Today starts in Frankfurt, Germany the 2012 edition of the EURO FINANCE WEEK, a well known event displaying a large array of professional gatherings dedicated to the European financial world. Top representatives of the banking sector and of the insurance and private pensions industries will attend during the whole week the conferences, workshops and press conferences hosted by the Frankfurt's Conference Center.
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Statistics
TURKEY, 3Q2012: Insurance industry is experiencing continuous growth
by dimitrios.tsoulias@mxp.ro, 2012-11-19
Turkish insurance market closed the first three quarters of 2012 with a premium production of about TRY 14.31 billion (EUR 6.2 billion), with an increase in local currency of 13.29% as compared to the same period of 2011.
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CZECH REPUBLIC, 3Q2012: Slow growth driven by life insurance
by vlad.boldijar@mxp.ro, 2012-11-19
Czech insurance market confirmed its already traditional stability, showing a slow growth in 3Q2012. Total gross premiums written by the 31 insurers reunite by the Czech Insurance Association grew by about 0.2% y-o-y, representing an increase in absolute value of CZK 153 million. In European currency, due to the Czech koruna depreciation in relation to EUR, the local insurance industry reported a 0.3% decrease, to almost EUR 3.48 billion.
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BiH, 3Q2012: Stable growth, in line with the first half of the year
by vlad.boldijar@mxp.ro, 2012-11-19
Despite the financial crisis, Bosnia and Hergovina's insurance market remained on the growth track followed in the previous period, increasing by 2.87% y-o-y. The 25 insurers resident in BiH made in 3Q2012 a total GWP amount of EUR 195.17 million, out of which 83.84% relates to non-life insurance. Non-life insurance recorded 2% growth rate, to EUR 163.63 million, while life insurance lines grew by 7.59%, up to EUR 31.53 million. Premiums in the Federation of Bosnia and Herzegovina (FBiH) increased by 1.86%, compared to a 5.69% increase in the Republic of Srpska (RS).
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