Poland
Baltic markets "not big enough to matter to PZU"
Polish insurer PZU’s plan to expand further into the Baltics is unlikely to add value to the group, according to Wood & Company analyst Mark Macrae.
PZU sees net profit rise 40%
PZU posted a 40% rise in net profit to 3.26bn zlotys for 2012, slightly below the 3.46bn forecast by analysts, Reuters reported this morning.
PZU linked with Poland's EMC
Polish insurer PZU has been touted as a possible suitor for Polish hospital group EMC Instytut Medyczny.
PZU plans to cut 630 jobs as part of restructure
Polish insurer PZU expects to cut 630 jobs as part of its restructuring plans.
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.
Generali bolstered by P&C growth in Germany and CEE countires
Generali has reported an increase in premiums to € 70bn (+3.2%) with a 3.3% growth in property & casualty to €22.8bn.
French consumers least likely to go online for insurance purchases
Online comparison sites are the fastest growing distribution channel for motor and household insurance in Europe, according to Finaccord.
France lags European neighbours for aggregator use and online sales
Aggregators are the fastest-growing distribution channel for motor and household insurance in Europe while online purchases have grown rapidly across the continent, according to research from Finaccord.
Former UK GI CEO McMillan to become Aviva Europe boss as Trevor Matthews quits
David McMillan has been appointed CEO of Aviva Europe.
EMEA commercial market to remain stable in 2013
The insurance market across Europe, the Middle East and Africa is expected to remain broadly stable in 2013, according to Marsh's Insurance Market Report 2013.
Polish Treasury may sell PZU stake to fund investment programme
The Polish Treasury has revealed it could sell its stake in Warsaw-listed insurer Powszechny Zakład Ubezpieczeń to finance its flagship investment programme, the deputy treasury minister said.
Europe’s hidden gems
Insurers branching out in Asia and other far reaches seem to be grabbing the headlines of late but as Francesca Nyman explains, there are still plenty of opportunities for insurers closer to home.
PZU could see profits drop PLN400m if interest rate cut
Poland's largest insurer Powszechny Zaklad Ubezpieczen S.A. has said its net profit could fall by 400m zlotys (€95.4m) if the country's key interest rate declines further.
Legal forecasts: Predictions on Florida, Italy, Poland and the UK for 2013
In the second of a two-part series Insurance Insight asked members of Insuralex, the global group of specialist insurance and reinsurance lawyers, to highlight their thoughts and predictions for the new year.
Integer.pl Group to enter Polish insurance market
Polish courier firm Integer.pl Group has joined up with RSA subsidiary LINK4 to sell insurance products via its postal network throughout the country.
Top five European news stories
The top five European news stories from www.insuranceinsight.com over the past seven days.
Polish law firm OKW joins global legal network Insuralex
Olczak-Klimek van der Kroft Węgiełek has been elected as a Polish member of independent global insurance law network Insuralex.
Bupa to enter Polish market
Bupa plans to enter the Polish market with the acquisition of private healthcare provider LUX MED.
Asia View from the Top: Realising growth in higher growth markets
There are three trends that are becoming increasingly evident in the changing global economic landscape.
Hagen secures five more years as Vienna Insurance head
Peter Hagen has been reappointed chairman of the managing board of Vienna Insurance Group.
EC approves joint acquisition of HDI Poland
The European Commission has approved the joint acquisition of HDI Poland by Germany's Talanx and Japan's Meiji Yasuda Life Insurance, after concluding that the transaction would not significantly impede competition in the European Economic Area.
PZU plans to pay 100% of profits as dividend
State-owned Polish insurer PZU SA intends to pay 100% of its unconsolidated net profit in dividends if the country's regulator approves, chief executive Andrzej Klesyk said at a press conference Wednesday, according to news agency Dow Jones.
Solvency II: To 2015 and beyond
Solvency II implementation is almost upon us but, as Martin Bradley and Jan Leiding explain, European insurers' preparedness varies significantly between countries and companies.
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.