Zavarovalnica TRIGLAV, the parent company of the TRIGLAV Group announced it signed an agreement with Nova Ljubljanska banka - NLB - to purchase the remaining 28.1% equity stake of pension insurer Skupna pokojninska druzba, thereby becoming its 100% owner.

Coface announced it has signed a binding agreement with the Slovenian public SID Bank, to acquire 100% of PKZ capital, a credit insurance subsidiary of SID Bank.

The Slovenian insurance market saw a 6% y-o-y growth in GWP in 1H2018, to EUR 1.24 billion. The non-life insurance segment had the largest contribution to the market growth, but also to the 6.7% growth recorded on the paid claims side.

Sava Re has released the Sava Re Group Solvency and financial condition report 2017, as approved by the management board of Sava Re, with the consent of the Company's supervisory board.

AZN- the Slovenian insurance supervisory body has denied once again allowing Croatian leading insurer CROATIA Osiguranje to increase its ownership in the Sava Re's group parent company, Pozavarovalnica SAVA, to 20% or more, SeeNews reports.

Slovenian insurers ended 1Q2018 with total GWP worth EUR 643 million, 5.85% up y-o-y. On the paid claims side, the total market expenses wet up by 10.2%, to EUR 411.7 million, driven by the higher compensations paid for Motor Hull and property insurance.

On 11 May 2018, GENERALI CEE Holding and KD Group entered into an agreement on exclusivity in connection with negotiations for acquisition of 100% ownership interest in ADRIATIC Slovenica, the Italian insurance group has announced.

Slovenian insurers ended 2017 with GWP of EUR 2.18 billion, 5.5% up y-o-y, mostly capitalizing from the life insurance segment's revitalization. Thus, after a weak 2016, when the life insurance business followed a descending path, in 2017 the almost 10% growth of the Unit-Linked insurance products line gave the segment the needed stimulus to re-enter on a positive trend.

The Slovenian Administrative Court annulled the Insurance Supervision Agency (AZN) decision to deny the Croatian holding ADRIS Grupa to increase its stake in SAVA Re to more than 20%.

Slovenian reinsurer SAVA announced that the Slovenian Sovereign Holding (SDH), one of its main shareholders, transferred 1,261,034 of SAVA Re shares to the Republic of Slovenia.

End investors, Insurance-Linked Securities (ILS) funds, and buyers - the three groups active in ILS - have predominantly weathered 2017 loss activity with a view that reinsurance products backed by 'alternative' capital have become mainstream, according to a new Global ILS Market Survey by Willis Towers Watson.

Swiss Re expects the global reinsurance industry to consolidate as the distinction between insurers and reinsurers become increasingly blurred, an executive from the Swiss Group said in Baden Baden, reports Reuters.

Current market conditions are putting increasing pressure on returns with some companies viewing consolidation as a potential solution, James NASH, CEO of International at Guy Carpenter said in his opening remarks at the Baden-Baden 2018 Reinsurance Meeting hosted by the global risk and reinsurance specialist.

E+S Ruckversicherung AG, the Hannover Re Group's unit handling German business, continues to expect a positive premium development in the German market for the January 2019 renewals, albeit at a somewhat more diminished pace than in 2018.

The market volume for cyber insurance is expected to grow up to USD 8-9 billion by 2020, Doris HOEPKE, member of Munich Re's Board of Management stressed in Baden Baden adding that, "The demand for cyber risk cover is growing continuously. We therefore see it as our duty to develop solutions."

After severe storm damage in Japan and the United States, Munich Re is looking with a little more optimism to the next renewal season. "I expect at least a stable renewal round in 2019," Board member Doris HOEPKE said in Baden-Baden. Until recently the reinsurer's expectations were leaning towards a stagnant season.

"You don't have to be big to be beautifully relevant or financially successful, but you do have to be focused," Pina ALBO, Group CEO of Hamilton Insurance Group said, addressing the question of whether bigger is necessarily better at the Reinsurance Symposium in Baden-Baden.

Five new titles are available this year on the XPRIMM Baden-Baden press stands opened in the Kurhaus Casino and in Baden Baden main locations, presenting the latest statistical data and comprehensive analysis for the CEE, SEE and CIS insurance markets.