Poland
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Insolvencies to rise but Covid-19 armageddon in Europe likely avoided
Insolvencies of so-called ‘zombie’ companies kept afloat by government pandemic measures are still set to rise later this year and…
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Trade credit insurers ‘well prepared’ to go it alone as European backstops expire: AM Best
Insurers were “spared” from heavy trade credit losses in 2020 as governments across Europe stepped in as part of Covid-19…
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Underinsured drought risk expected to rise with climate change
The risk of drought is increasing in Europe and across the world, disrupting supply chains and causing losses for agricultural…
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UNIQA ‘on track’ with ambitious transformation programme
UNIQA, the leading Austrian insurance group, has reported strong growth in its international premium base in the first quarter of…
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VIG ‘continuing talks’ with Hungarian supervisor to close Aegon deal
Vienna Insurance Group (VIG) has said that it is “continuing talks” with the Hungarian Ministry of Finance, which surprisingly blocked…
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Generali Global Corporate & Commercial appoints global head of casualty underwriting
Generali Global Corporate & Commercial (Generali GC&C) has appointed Reto Arrigoni as its new global head of casualty underwriting. It…
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South Africa tops global list for business process services
In a boost to business confidence, South Africa has won an award as the top global location for business process…
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Allianz prosegue il piano di espansione paneuropea con l’acquisizione di Aviva Italia
Il gruppo assicurativo tedesco Allianz ha rimarcato la sua intenzione di continuare ad avere un ruolo centrale nel mercato assicurativo…
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Hungarian authorities block VIG’s acquisition of Aegon entities in Hungary
The sale of Aegon’s insurance, pension and asset management businesses in Hungary, Poland, Romania and Turkey to Vienna Insurance Group…
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Allianz to acquire Aviva Poland for €2.5bn
Allianz is to acquire Aviva Poland in a deal worth €2.5bn, making Allianz the fifth-largest insurer in Poland and consolidating…