The share of claims approved by the amicable report in Russia represents
4% of the total paid claims, according to statistics presented by Pavel
BUNIN, President of Motor Insurers Bureau in Russia, at the
International Financial Forum in Yalta.more... (22.09.2011)
115 insurance companies with foreign capital are operating on the
insurance market in Ukraine, holding a share of 60% of total
underwritings from 2010, stated, during the International Financial
Forum in Yalta, Alexandr FILONIUK, Chairman of the Board of LIOU.more... (22.09.2011)
38% represents the insurance brokerage market in the total profile
market after the first six months of the current year, after, at the end
of March, the insurance brokerage companies had generated about one
third of the market, according to the latest issue of INSURANCE Profile.
Overall, the brokerage market experienced a decrease of 2.6%, to about
EUR 365 million, in absolute value the market decreasing by about EUR 10
million.more... (20.09.2011)
In the first half of this year, warranties insurance segment generated a
volume of gross written premiums of EUR 9.8 million (1% of the total
insurance market), shows INSURANCE Profile, stating an increasing
evolution of 55% compared to 1H/2010.more... (20.09.2011)
In 1H/2011, insurance companies in Ukraine have increased their
underwritings by 14.6% compared with 1H/2010, totaling UAH 11 billion
(EUR 1 billion), said on the 20th of September Alexandr FILONIUK,
President of the LIOU Council, in the opening of the works of the 11th
Edition of the International Financial Forum in Yalta, held during
September 19th-23rd. PRIMM Insurance & Pensions Magazine,
traditional Media Partner of the event, is represented at the reunion by
Oleg DORONCEANU, International Markets Coordinator.more... (20.09.2011)
Starting 2012, non-resident insurance companies will be able to open
direct branches in Ukraine, said, in the opening of the International
Forum in Yalta, Alexandr KLIMENKO, Chairman of the Subcommittee on
Non-Bank Financial Institutions of the Ukraine Parliament.more... (20.09.2011)
Insurance companies from Belarus registered a 44.7% increase in
underwritings in the first quarter, reporting gross premiums worth RUB
887.2 billion, said, for XPRIMM News, Irina MERZLYAKOVA, President of
Belarus Insurers Association, during the International Financial Forum
in Yalta. Of these, voluntary insurance owns a share of 49.9% or RUB
443.1 billion.more... (20.09.2011)
The amicable report of damages due to road accidents can be used in
Ukraine starting September the 19th, current year. "This corresponds
with European standards in the field and provides that road accidents
which resulted only in material damage and in which only two vehicles
were involved will be solved without the Police finding documents, by
using the amicable report", stated for XPRIMM News Vladimir ROMANISHIN,
the Director of Motor Insurers Bureau in Ukraine, during the
International Financial Forum in Yalta.more... (21.09.2011)
Uzbek insurers recorded an increase of 42.1% in the first half of this
year compared to the same period in 2010, totaling EUR 50.8 million in
gross written premiums, said Olimzhon IKRAMOV, Director of the Insurance
Supervisory Authority of Uzbekistan. Of these, a share of 40%
corresponds to state owned companies, a percentage that has been
constantly decreasing over the last 7 years.more... (21.09.2011)
Over 50% of Russian insurers did not increase their share capital by
September 1st of this year, said Andrei KIGIM, President of Insurers
Association of Russia, during the International Forum in Yalta.
According to him, out of 600 companies, a total of 368 did not raise
their capital, and since 2012 come into force new rules on minimum share
capital requirements.more... (21.09.2011)
It remained only one week until September 27th, when Sofia will host the
first edition of the Motor Insurance Conference - Bulgaria 2011, named
"Cross-border Cooperation". The main subject of the event is even more
important under the circumstances of the increasing number of accidents
caused on Romanian territory by vehicles registered in Bulgaria and of
the unclarities existent regarding the way of compensation.more... (19.09.2011)
On the 19th of September took place the official opening of the 11th
edition of the International Insurance and Reinsurance Forum in Yalta,
an event dedicated to profile markets in Central and Eastern Europe,
Russia and CIS.more... (19.09.2011)
