Austria
Fitch warns Austrian insurers of CEE exposures
The Austria's insurance sector is facing challenges relating to the industry's significant exposure to central and eastern Europe, according to a new report from Fitch Ratings.
ERGO sees premium income increase by 7.6%
ERGO consolidated result increased to €173m (2009:€73m). The company’s total premium income rose 7.6% to €19.0bn (2008: €17.7bn).
ERGO sees premium income increase by 7.6%
ERGO consolidated result increased to €173m (2009:€73m). The company’s total premium income rose 7.6% to €19.0bn (2008: €17.7bn).
Prudential may exit some Asian lines after AIA swoop
Prudential may quit some countries in Asia should it seal the buy of AIG’s AIA, sources told newswire Reuters on Friday, allowing the bulked-up insurer to focus on key markets.
Generali GI premiums down in 2009
During 2009, performance slipped in motor policies (-2.4%), affected by the trend in policy rates, particularly in the first nine months, Generali added, and the decrease in new vehicle registrations.
Generali GI premiums down in 2009
During 2009, performance slipped in motor policies (-2.4%), affected by the trend in policy rates, particularly in the first nine months, Generali added, and the decrease in new vehicle registrations.