Poland
Vienna Insurance reports 4% premium increase for first nine months
Austrian insurer Vienna Insurance Group reported consolidated written premiums of €6.8bn in the first nine months of 2011, a 4% increase year on year.
Ireland 123 aquisition drives RSA's profits up for Q3
The acquisition of 123 in Ireland last year and growth across central and emerging Europe has helped RSA to report further growth in quarter three of 2011.
TGSL reports 24% growth for 2011
Insurance software house, Transactor Global Solutions reported turnover of £5.2m for 2011, an increase of 24% year on year.
European insurers vie for KBC's Polish Warta
Several European insurers are believed to be in the running to acquire Polish insurance company Warta from Belgium's KBC, according to reports from Polish financial daily, Parkiet.
Geneva Association appoints actuarial science specialist
Global insurance think tank, The Geneva Association, has appointed Illinois state university Professor, Krzysztof Ostaszewski, as the research director of its life and pensions programme.
Interview – Pierre Lefèvre: A long time coming
As international division managing director for Groupama, the UK once again falls under the watchful eye of Pierre Lefèvre, after an earlier five-year stint as the country’s CEO. Almost a decade after their last interview, Lynn Rouse catches up with…
AIR updates European wind and earthquake CAT models
Catastrophe risk modeling firm AIR Worldwide has released updates to its Extratropical Cyclone and Earthquake Models for Europe.
Strong European performance helps Coface H1 results
Credit insurer Coface group has reported robust results for the first half of 2011, which the firm said confirms its financial recovery, and vindicates the decision to refocus its credit insurance in March this year.
Link4 responds to Polish brokers class law action news
Link4 has responded to The Polish Chamber of Insurance and Finance Intermediaries' announcement that 35 insurance intermediaries have filed a class action lawsuit for €3m.
Polish brokers launch €3m class action lawsuit against RSA
The Polish Chamber of Insurance and Finance Intermediaries has reported that 35 insurance intermediaries have filed a class action lawsuit against Link4, a wholly owned insurance company of the RSA Group.
Austrian insurer Vienna Insurance Group to merge Polish subsidiaries
Austrian insurer, The Vienna Insurance Group, intends to increase its sales power in the Polish non-life market by merging the companies Inter Risk and PZM.
Embracing the mobile technology boom
Recent research suggests that with consumer demand for mobile devices on the increase insurance cover is set to grow. Jakki May reports on whether insurers are taking full advantage of this in emerging Europe.
Compensation harmonisation across the EU
The European Union has a raft of measures to try and achieve harmonisation between member states but as Sarah Hamilton reports there is a long way to go in achieving a single compensation system.
Polish insurer PZU sees profits rise after restructure
PZU SA, Poland’s largest insurer has posted profits up 33% after major restructuring.
Willis strenthens Polish presence with construction acquisition
Willis Europe BV, a division of Willis Group Holdings has acquired 100% of the shares of Polish insurance broker, Brokerskie Centrum Ubezpieczeniowe Sp. Zoo.
Aviva reports 21% jump in European profits in first half of 2011
Aviva this morning reported that its European business reported an IFRS operating profit up 21% to £525m in the first six months of 2011 (HY10: £434m).
RSA sees growth in Scandinavia, Ireland and Eastern/Central Europe
RSA this morning said its international arm - which includes most of Europe - saw a jump in premium of 11% to £2089m (8% at constant exchange) in the first half of 2011.
Ace makes Continental appointments
Ace has promoted Andreas Wania from Central and Eastern Europe manager to chief operating officer for Ace Germany and will be based in Ace’s Frankfurt office.
Coface downgrades Greece and Cyprus
Despite a slowdown compared with 2010, Coface is expecting the steady pace of growth of emerging countries to continue, forecasting their economies to grow at 5.7%, in 2011.
Coface downgrades Greece and Cyprus
Despite a slowdown compared with 2010, Coface is expecting the steady pace of growth of emerging countries to continue, forecasting their economies to grow at 5.7%, in 2011.
Belgian KBC ditches flotation plans
Belgian banking and insurance group KBC has confirmed plans to ditch the flotations of its Hungarian and Czech Republic subsidiaries.
Belgian KBC ditches flotation plans
Belgian banking and insurance group KBC has confirmed plans to ditch the flotations of its Hungarian and Czech Republic subsidiaries.
Belgian KBC ditches flotation plans
Belgian banking and insurance group KBC has confirmed plans to ditch the flotations of its Hungarian and Czech Republic subsidiaries.
RMS upgrades European windstorm model
Risk Management Solutions has upgraded its Europe Windstorm Model to include three new Eastern European countries.