The top five stories from www.insuranceinsight.com over the past seven days.
Austria's Vienna Insurance Group says is will become the number one insurer in the Macedonian market, following its acquisition of a majority stake in QBE Makedonija.
Vienna Insurance Group AG Wiener Versicherung Gruppe has signed an agreement to take a majority stake in Macedonian insurer QBE Makedonija.
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.
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.
Despite a slowdown compared with 2010, Coface is expecting the steady pace of growth of emerging countries to continue, forecasting their economies to grow at 5.7%, in 2011.
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…
QBE has promoted Petko Tonchev to general manager for Central and Eastern Europe.