PartnerRe Ltd. announced that Mario BONACCORSO, Executive Vice President and Chief Financial Officer, will retire on March 31st, 2020 to pursue a new entrepreneurial venture outside the company.
Aegon announced that Thomas WELLAUER will be nominated for appointment to the Supervisory Board for a four-year term.
NN Group announced the intended appointment of Tjeerd BOSKLOPPER as CEO Netherlands ad interim. The appointment is subject to approval by the Dutch Central Bank, and is expected to be effective as from early November 2019.
The November Business Meetings for Reinsurers, one of the main business venues in Russia, will take place in Moscow, between 20-21 November 2019.
Bulgarian insurers have achieved GWP worth EUR 755.6 million in 1H2019, 20.4% up y-o-y. Paid claims increased, at the same time by 10.8%, to EUR 295.76 million. The MTPL insurance line was the main growth driver, providing for almost 60% of the extra premiums volume.
For the first six months of 2019, Slovenian insurance market wrote a total amount of EUR 1,317 million gross premiums, 6.6% more than the volume of the same period of prior year. The total paid claims and benefits volume was EUR 784 million, decreasing by 0.6%.
A group of industry associations - representing interests as varied as ICT, automotive, medical technology, construction equipment, consumer electronics, home appliances, retail, banking and insurance - have called on the Council of the EU
to ask the European Commission to fundamentally reassess its proposal for the ePrivacy Regulation.
Sava Re d.d. announced that it is considering options for issuing subordinated bonds to optimize the capital structure of the Sava Insurance Group. The Company will decide on whether to move forward with the bond issue after examining all market conditions.
S&P Global Ratings assesses insurance industry and country risk as moderately high for the life insurance sector in Kazakhstan (BBB-/Stable/A-3), as stated in the agency's report.
Starting July 1st, 2020, a new Green Card electronic policy will be introduced in Ukraine. It will be accepted by all traffic authorities, controlling both domestic movement and movement between the countries of the system, said the General Director of MTIBU (Motor (Transport) Insurance Bureau of Ukraine), Volodimir SHEVCHENKO.
Uzbekistan has developed a roadmap for compulsory health insurance introduction. In 2020, it is planned to establish a compulsory health insurance Fund from the state budget, according to the Minister of Health of Uzbekistan, Alisher SHADMANOV.
At a meeting of the All-Russian Insurance Association (ARIA) on October 7, it was decided to re-elect Igor YURGENS as the President of ARIA for three years term. YURGENS was approved as a candidate by the Central Bank of Russia in August, ASN reports.
At the end of September 2019, the World Bank's (WB) final mission from Chisinau was to assist in the implementation of the Moldovan insurance market reform, as Capital.market reports.
The pension agreement d/d March 14, 2018 between Belarus and Czech Republic entered into force on October 1, as BELTA agency informed with reference to the Ministry of Labor and Social protection of Belarus.
FRISS announced to have extended their partnership with Munich Re to globally support insurers in their fight against fraud.
S&P Global Ratings affirmed its 'A' long-term issuer credit and financial strength ratings on the core operating entities of Austria-based multiline insurance group UNIQA.
Munich Re purchased additional shares in Silicon Valley based "Next Insurance", taking its overall holding in the Californian start-up to around 27.5%.
AM Best has assigned a Long-Term Issue Credit Rating of "A-" to the EUR 750 million fixed rate senior dated subordinated notes due 2030 issued on 1 October 2019 by Assicurazioni Generali S.p.A. (Generali) (Italy).
Guy Carpenter & Company, LLC announced that Frank GUERRIERO has been appointed as Interim Head of International Facultative Operations, reporting to James NASH, CEO, International, Guy Carpenter.
Today has started in Istanbul de XIth edition of the International Istanbul Insurance Conference
titled "Role of Technology and Innovation for The Sustainable Developments Goals and Financial & Cyber Insurances
". XPRIMM Publications support the conference as Media Partner.