xprimm.com
 
NEWS ALERT
October 22nd, 2012
 
 
            www.xprimm.com

BADEN-BADEN NEWS ALERT
Modest evolution for the CEE insurance market in 1H2012
by vlad.boldijar@mxp.ro, 2012-10-22
The decrease rhythm of the insurance market in CEE slowed down in the first half of 2012. According to XPRIMM Insurance Report 1H 2012 - launched yesterday during the Baden-Baden XPRIMM Reception -, the decrease rate was -0.27%, compared to 4.01% at the end of 2011, the insurance market in CEE reaching EUR 17.68 billion in the first six months of 2012.
More

TCIP to renew 5% up
by alexandru.ciuncan@mxp.ro, oleg.doronceanu@mxp.ro, 2012-10-22
The Turkish Catastrophe Insurance Pool (TCIP) is set to pay 5 percent more for its reinsurance programme when it renews at 1 November, The Insurance Insider reveals.TCIP purchases EUR 1.5 billion of cat cover in excess of an attachment point of EUR 175 million, which is supposed to provide protection for a 1-in-250 year event.
More

AM Best: The crisis could lead to reinsurance demand increase
by mihaela.circu@mxp.ro, 2012-10-22
The large catastrophe losses and the ongoing uncertainty around the euro's sustainability may increase reinsurance demand, according to AM Best.
More

MONTALVO, EIOPA: 2016, a far more credible Solvency II date
by mihaela.circu@mxp.ro, 2012-10-22
2016 is now a far more realistic and desirable new start date for the new Solvency II regime, said Carlos MONTALVO, the Executive Director of European Insurance Supervisor the European Insurance and Occupational Pensions Authority (EIOPA).
More

MUNICH Re: Profitability in core insurance business is what counts in the low-interest-rate phase
by mihaela.circu@mxp.ro, 2012-10-22
The persistently low interest rates in particular are impacting investments, especially in an industry where players had excess capital to work with. The low-interest-rate environment is dominating the discussions between primary insurers and reinsurers in Baden-Baden.
More

STELLAR Re evening continues the Baden-Baden tradition
by oana.radu@mxp.ro, 2012-10-22
Saturday, October 20th, the representatives of the Romanian insurance market took part in the traditional cocktail organized by STELLAR Re at Baden-Baden. The Romanian Evening, organized by STELLAR Re, is one of the most important events organized before the five days of meetings between insurers, brokers and reinsurers.
More
XPRIMM Insurance Report 1H 2012 launched at Baden - Baden
by vlad.boldijar@mxp.ro, 2012-10-22
The most complex synthesis regarding 32 insurance markets in CEE, South-Eastern Europe, Russia and CSI has been launched on Sunday, October 21st, during the Baden-Baden XPRIMM Reception. Leaders and specialists in the insurance, reinsurance and similar domains reunited for the forth year in a row at Kurhaus Casino to take part to the launch of XPRIMM Insurance Report 1H 2012, magazine which reached its 7th issue.
More
VIDEO: UNITY Re: We are expecting good business in this season
by daniela.ghetu@mxp.ro, 2012-10-22
"Unity Re is the leading Russian reinsurance, active not only in Russia, but also in the CIS and CEE markets. We are confident that this season will bring good business for us, although most probable this renewal season will be quite a flat one, especially for Europe" stated Dimitri GARMASH, Deputy CEO, UNITY Re for XPRIMM.TV.
More
VIDEO: GRINDLEY: Our next step abroad will be Bulgaria
by daniela.ghetu@mxp.ro, 2012-10-22
"We have a large marine portfolio, which is in fact a Black Sea regional business -, and becoming now a lot more aggressive in the cargo business, in particularly from the Turkish market, were we have opened an office this year. Moreover, we are preparing to extend our activity in Bulgaria, a market were we will enter with really original products", stated James GRINDLEY, CEO CERTASIG, for XPRIMM.TV.
More

Subscribe now to www.xprimm.com
32 CEE, SEE and CIS countries – insurance statistics and news + CEE and CIS regional statistics

Click here for more details
Click here for 1 day Free Trial
xprimm.com

xprimm.com
 

THE EDITORIAL STAFF:

President: Sergiu COSTACHE CEO: Adriana PANCIU
Managing Partner: Alexandru D. CIUNCAN
Development Director: Mihaela CIRCU

Project Manager XPRIMM.COM: Daniela GHETU
Coordinating Editor: Andreea IONETE
International Column Coordinator: Vlad BOLDIJAR
CIS Research Consultant: Olesea ADONEV
Senior Editors: Vlad PANCIU, Oleg DORONCEANU
Editors: Oana RADU, Mihai CRACEA
Junior Editors: Adina TUDOR, Dimitris TSOULIAS

Accounts Manager: Georgiana OPREA
IT Department: Octavian GRIGOR, Dorin PALADE, Cosmin ARMASESCU

e-mail: media@xprimm.com
PUBLISHED BY: Media XPRIMM

Reproduction or use without permission of editorial or graphic content, in any manner, is prohibited. The Editorial Staff is not responsible for the truthfulness or the accuracy of the presented data. The Editorial Staff has the right to present the data in it's own manner. In what concerns the use, in any manner, of the information contained in this e-mail, Romanian laws apply.

Click here to subscribe!
Click here to unsubscribe!

Copyright©2012 Media XPRIMM