Press cuttings

SLOVAKIA's parliament passes new insurance tax

The parliament has passed a bill on the introduction of a new 8% insurance tax in first reading. The new tax will be applied to all products of non-life insurance, with the exception of mandatory contractual insurance.

KAZAKHSTAN: Eurasia insurance company covers Crimea bridge construction

Kazakhstan's Eurasia insurance company took part in reinsurance of construction and installation risks of the bridge construction project across the Kerch Strait with a share of responsibility of about 900 million rouble. On May 15, 2018, the Crimean Bridge was opened by the Russian President Vladimir Putin.

SLOVENIA: Italian insurer Generali buys Adriatic Slovenica for EUR 245 m

Generali CEE, an affiliate of the world's third biggest insurer, Italy's Generali Group, signed a sales agreement to acquire Adriatic Slovenica from financial group KD Group for EUR 245m on Wednesday. The sale of Slovenia's third biggest insurer will expectedly be completed in the second half of the year.

CROATIAN insurers Jan-April premiums rise 9.27%

The gross written premiums of Croatian insurers totalled 3.65 billion kuna (494.4 million euro) in the first four months of 2018, up 9.27% on the year, official figures show.

CROATIA: Insurance maintains growth

By the end of April, the total gross written premium of 21 insurance companies operating in Croatia was up by 9.3% y/y to HRK 3.6bn, according to the latest data provided by the Croatian Insurance Bureau (HUO).

The leaders of the Lithuanian insurance market turned out

In the non-life insurance market of Lithuania, in the first quarter of this year, Lithuania's insurance belonged to the Polish PZU group, while at that time the Swedbank Life Insurance Branch was the leader in the life insurance market in Lithuania.