The Insurance Distribution Directive aims to harmonise the regulatory landscape for insurance intermediaries in the European Union.
Floods which hit Croatia in mid-May have caused an estimated €224.5m (£160m) in economic losses, according to the local Hina news agency.
Polish insurer PZU has made a bid for Croatian insurer Croatia Osiguranje, according to local media reports.
Coface has started offering credit insurance services in Croatia following the country’s accession to the European Union.
The top five stories from www.insuranceinsight.com over the past seven days.
The Croatian government is gearing up to privatize the country's biggest insurance company and seventh biggest bank, according to reports.
Generali has reported an increase in premiums to € 70bn (+3.2%) with a 3.3% growth in property & casualty to €22.8bn.
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.
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.
Challenging economic conditions saw most lines in the Croation insurance sector suffer. Hvroje Paukovic provides an overview of the market.
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.
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…
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.
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.
Insurance buyers across Europe, the Middle East and Africa are reaping the cost benefits created by greater competition among insurers for their business and the added capacity generated by new entrants to the market, according to a new report.
Three European independent insurance brokers, Siaci Saint Honore, Greco Group and Ecclesia Group have come together with Jardine Lloyd Thompson to sign an exclusive trading agreement.