Hungary
Top 30 European Insurers 2023: Claims inflation bites
Europe’s 30 largest non-life insurers have demonstrated solid top-line growth over the past two years, following a drop in 2020.
Connected cars pose terror risk, conference hears
Connected cars are vulnerable to hacking and therefore pose a terror risk, a conference in Budapest heard.
80% of EU countries expect increased claims under GDPR
80% of EU jurisdictions expect compensation claims for data protection breaches to increase under the General Data Protection Regulation.
Euro 2016: Austria v Hungary food industry match-up - Final score 4:3
Austria is meeting Hungary in the group stage of the Euro 2016. But how do both countries compare in terms of food industry performances and trading risks?
Mapfre Assistance offers travel assistance product to MOL oil companies
Mapfre Assistance has won a tender to provide travel assistance to the clients of the MOL oil company in Hungary and bordering countries.
Losses from European floods could hit £4.5bn
Industry-wide insured losses on recent flooding in central and eastern Europe is expected to hit between $3.5bn (£2.4bn) and $4.5bn (£3bn), according to estimates by Swiss Re.
Budapest's flood defences hold firm
The worst of the flooding appears to be over in Budapest as the river Danube starts to recede.
Perils releases European flood satellite pictures
Zurich-based independent catastrophe data company Perils has released satellite-based 'flood footprints' for the ongoing floods in Central Europe which are affecting mainly Germany, Austria and the Czech Republic.
Hungary braces for highest ever flood wave
Hungary’s prime minister Viktor Orbán has warned the country to brace itself for its worst ever floods.
European M&A opportunities
A range of dynamics influenced mergers and acquisition activity across the CEE in 2012 but as Leonid Zubarev explains the CEE region remains attractive to investors.
Worsening economic outlook pushes up IPT
Several governments across Europe have ramped up insurance premium tax rates in response to finance deficits and a worsening economic outlook, research has shown.
Vienna Insurance Group sees premium growth of 9.5%
Vienna Insurance Group posted 9.5% premium growth in the in its preliminary full year results for 2012, published today.
The indirect tax problem
Tax compliance can be a challenging issue for insurers and as Anne-Louise Fogtmann discovers unprecedented levels of indirect tax changes across Europe in 2013 are likely to keep insurers on their toes.
European environmental liability options
Environmental damage costs have hit the headlines in recent years and the European Commission is looking at the option of a fund to control them. But, as Sam Barrett finds out, the insurance industry is not the number one fan of this idea.
Tax changes cause new year headaches for European insurers
Tax changes that came into effect in Denmark, Hungary and the Netherlands on 1 January 2013 could pose challenges for insurers and brokers.
European financial services firms struggling to create paperless offices
A new study ahead of World Paper Free Day on 25 October suggests that the paperless office remains beyond the reach of many European firms.
JLT Re makes additions to CEE team
JLT Re has expanded its team serving Central and Eastern Europe with the addition of Sergey Grazhdankin and Edmond Wodehouse as partners.
Swiss Re's Hartmann to strengthen VIG Re board
Johannes Martin Hartmann has been appointed to the managing board of VIG Re with effect from 1 October.
13% growth in CEE helps VIG Group profit grow 7%
The Vienna Insurance Group has posted a 7% increase in profit for the first half of 2012 compared to 2011, helped by a 13% growth in profit from Central and Eastern Europe.
Aviva offloads east European life insurance units
British insurer Aviva has agreed to sell its east European life insurance businesses to US rival Metlife.
A mutual future?
Regulations like Solvency II will have a significant impact on mutuals across Europe. Francesca Nyman asks whether the model will survive.