Romania
Vienna Insurance increases dividend after €559m record profit
Vienna Insurance Group's increased its profit by 10.1% to €559m, making 2011 the most profitable year in the group's history.
Bancassurance in CEE: opportunities for growth
Some view Central and Eastern Europe as behind Western Europe, but bancassurance could help to change this. Thomas Schöllkopf takes a look at the motives and opportunities for growth offered by this alternative sales channel.
European construction – back to good health?
Construction markets have suffered across the globe with the financial downturn biting hard. Edward Murray investigates whether there are any glimmers of hope for the European market in 2012.
Vienna Group expects €560m profit for 2011
Vienna Insurance Group estimates that it will have profit before taxes of €560m in 2011, the best result in the group’s corporate history.
Romanian protest damage not covered by most policies
The damage from violent street protests in Bucharest on Sunday (January 15) could amount to between €300 000 and €450 000, most of which are not thought to be insured.
Bancassurance: a bright future?
With all the turmoil across the Eurozone and with regulatory upheaval ahead, it seems it could be an interesting time for the bancassurance market, as Jakki May reports.
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.
Groupama reports rise in net income despite €84m Greece hit
Groupama SA has reported premium income of €8.4bn for the first six months of 2011, down -2.5% on a like-for-like consolidation and exchange rate basis.
Post Europe: Growth in the marine market
New entrants are popping up in the European marine market on a regular basis yet report say rates are softening as there is over capacity. Jakki May takes a look at the market to assess what the real state of play is.
Growth in the marine market
New entrants are popping up in the European marine market on a regular basis yet report say rates are softening as there is over capacity. Jakki May takes a look at the market to assess what the real state of play is.
Eight against EU-wide tax base
Eight countries have come out against plans to introduce a standard European Union-wide corporate tax base, following the deadline of 20 May.
Bike aggregator expands in specialist motor niches
The new owner of The Bike Insurer is poised to expand into the specialist lines of caravan and classic car cover, with discussions underway with up to eight providers.
Post Europe: Joining up the approach to weather in the Balkans
Weather related catastrophes are common in the Balkans but there is a perception there that the government will always be on hand to help. However, as Sam Barrett explains the only way forward is to create and develop a market to enable the transfer of…
Insurance Insight May: Exclusive legal expense and ADR content now live
Insurance Insight May is now live with a look what impact the European Commissions proposals for consistence on alternative dispute resolution will have; how the Balkan region deals with weather related catastrophes; and how Italy’s legal expense market…
Joining up the approach to weather in the Balkans
Weather related catastrophes are common in the Balkans but there is a perception there that the government will always be on hand to help. However, as Sam Barrett explains the only way forward is to create and develop a market to enable the transfer of…
Brokers Link seeks deal in South Korea
Global insurance broker network Brokers Link has plans to expand further across Europe and into Malaysia and South Korea, it has confirmed.
Post Europe: Mergers and acquisitions in the Danubian region
The mighty Danube links many countries but Jakki May asks if that is enough to link the insurance markets within these territories and encourage mergers and acquisition.
Brokers Link seeks deal in South Korea
Global insurance broker network Brokers Link has plans to expand further across Europe and into Malaysia and South Korea, it has confirmed.
Mergers and acquisitions in the Danubian region
The mighty Danube links many countries but Jakki May asks if that is enough to link the insurance markets within these territories and encourage mergers and acquisition.
G Cube wins Romanian renewables contract
Renewable energy specialist G Cube has been awarded the underwriting contract for the construction phase of a Romanian wind energy scheme.
G Cube wins Romanian renewables contract
Renewable energy specialist G Cube has been awarded the underwriting contract for the construction phase of a Romanian wind energy scheme.
Motor fraud – Balkan Peninsula
Crash for cash scandals have hit the headlines in the UK and, while the trend has reached Eastern Europe, Sam Barrett reports that counter fraud strategies are not yet able to beat the problem.
Post Europe: Motor fraud – Balkan Peninsula
Crash for cash scandals have hit the headlines in the UK and, while the trend has reached Eastern Europe, Sam Barrett reports that counter fraud strategies are not yet able to beat the problem.
Germany drives European recovery
The recovery of the world economy continues, according to the latest quarterly ICC/IFO World Economic Survey.