Gross written premium in 3Q2014 by the Slovak insurers went up y-o-y by 2%, to EUR 1.6 billion, at a fairly equal growth pace for life and non-life insurance segments. According to the National Slovak Bank, the market supervisor, overall the number of insurance policies grew by 4.13%, which compared with the GWP increase indicates a still highly competitive market.
A Slovak man who was being sought by police over alleged insurance fraud
has been apprehended in Cuba, the TASR newswire learned from Martin
Waldl of the Police Corps Presidium's communications and crime
prevention department on October 9. "Following close cooperation
with the Cuban Embassy in Slovakia and the Slovak Embassy in Cuba, the
first extradition of a person from Cuba to Slovakia took place today,"
said Waldl, as quoted by TASR.
The Slovak market continued in 1Q2014 its slow paced but stable growth, recording once again a growth of about 2.7% in GWP, to EUR 588 million. The positive trend was visible both on the life and non-life segments
Orange Slovakia is offering travel insurence for the whole family from MetLife Amslico with its roaming packages for free. The promotion applies until 30 September for the roaming offers My Europe/My Europe+, My World/My World+ or Roaming+. The insurance coverage is up to EUR 40,000 in the EU and EUR 100,000 elsewhere. Moreover, the package My Europe, with which customers can call, send SMS and use data anywhere in the EU for domestic prices, that is, EUR 0.12, is free for two months.
THE SLOVAK insurance sector saw no dramatic changes last year, while stabilisation in the eurozone was reflected in developments in Slovakia, too, which mirrored those in other countries in the region. Expectations with respect to positive developments in macro-economic indicators are optimistic. In addition, the insurance sector is preparing for Solvency II and the payment of the first pensions from the so-called second, private, old-age insurance pillar.
NEW technologies are impacting the insurance industry and several
companies in Slovakia now sell insurance policies via the internet or
mobiles - along with reporting an increased interest from clients in
THE ARBITRATION proceedings initiated by Dutch company Achmea, the owner
of the health insurer Union, against the Slovak government, which plans
to merge the three existing health insurers and introduce a unitary
state system of health insurance, ended with a victory for Slovakia.
2013 was year stability for the Slovak insurance market, with no major changes. The market continued to increase its business volume at a slow pace, recording a 2.7% growth in GWP, to EUR 2.17 billion. However, looking at its two main segments, it is obvious that life insurance performed better, ending the year with a 5.9% growth in premiums, while on the non-life sector almost all the main business lines recorded a slightly negative trend.
The excellent development of Vienna Insurance Group in Slovakia
continues. The Group expanded its market share to 34.5 per cent, sharply
increasing its edge over competitors, according to Vienna Insurance
9-10 April 2019 InterContinental Hotel, Almaty, Kazakhstan Organizer: InterConsult Info Official Publication: XPRIMM Publications Contact person: email@example.com For details: https://allinsurance.kz/events
10-12 April 2019 Radisson Hotel, Moscow, Russia Organizer: The Reinsurance Committee of All-Russian Insurance Association and DELOVOY Format Group as Co-organizer Media Partner: XPRIMM Publications For details:http://arc.ins-df.com/en