Bulgaria
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.
Indirect tax changes to hit European insurers in 2013
Insurers should brace themselves for an unprecedented level of indirect tax changes in Europe in 2013, intensifying the challenge of maintaining tax compliance.
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.
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.
KBC has no plans to sell Bulgarian subsidiary
Belgium's KBC has denied claims in the local media that it plans to divest itself of Bulgarian insurance subsidiary DZI.
Vienna Insurance appoints new head of investor relations
Vienna Insurance Group has appointed Nina Higatzberger as head of investor relations.
Vienna Insurance merges Bulstrad and Bulgarski Imoti
The Vienna Insurance Group plans to merge its two non-life insurance subsidiaries Bulstard and Bulgarski Imoti in order to strengthen its market presence in Bulgaria and make better use of synergies.
Vienna Insurance Group appoints chairwoman to the board
The Supervisory Board of Donau Versicherung AG Vienna Insurance Group has appointed Johanna Stefan to the positions of chairwoman of the managing board and general manager, with effect from 1 June 2012.
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.
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.
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.
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…
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…
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.
Motor Claims 2011: Inter Europe boss names European fraud hotspots
Holger Baku, executive director at Inter Europe, has said institutionalised fraud in Southern and Eastern Europe makes detecting known cases more difficult for anti- fraud authorities.
Taxation - IPT changes: A taxing issue across Europe
2011 brings with it many changes to insurance premium tax across Europe and a big headache for insurers operating locally in different countries or across multiple European territories. Edward Murray explains why it is crucial for insurers to stay on top…
Post Europe: Dutch moves on IPT reflect European trend
While the legal requirement for insurers in Europe to have fiscal representation seems to be on the decline, Mike Stalley explains why the need for their presence could be great than ever.
Dutch moves on IPT reflect European trend
While the legal requirement for insurers in Europe to have fiscal representation seems to be on the decline, Mike Stalley explains why the need for their presence could be great than ever.