Poland
Top 10 news stories
The top 10 most popular articles published on insuranceinsight.com over the past seven days.
All eyes on Polish regulator after EC clears Warta aquisition
The European Commission has cleared under EU merger regulations the acquisition of Polish insurance company Warta by Germany's Talanx International and Japan's Meiji Yasuda Life Insurance.
Q&A: Vienna Insurance Group CEO Gunter Geyer
While the economic turmoil of the Eurozone crisis and heavy catastrophe losses eroded the bottom line of many European insurers in 2011, Vienna Insurance Group enjoyed the most profitable year in the group’s history, and avoided having its A+ credit…
Litigation in Continental Europe may affect European insurers
Attempts to adapt local legislation to European Union and international law are creating a challenging environment for insurers operating in the region, according to Guy Carpenter.
Mayer leaves Aviva as part of management restructure
Igal Mayer has left Aviva as part of a mangement restructure to 'simplify' and 'focus' the business, after little more than a year in his role.
Polish watchdog wants Talanx bourse listing
Poland's financial watchdog is trying to persuade German insurance group Talanx to get a secondary listing on the Warsaw bourse before it agrees to takeovers that will make the company Poland's second-largest insurer, according to Reuters.
Q&A: Frank Weinreich, Liberty Syndicates
Frank Weinreich, regional manager for reinsurance for Central and Eastern Europe at Liberty Syndicates, pictured, spoke to Stephanie Denton with a reinsurance point of view on trends in CEE, claims levels and the future of brokers in the region.
Vienna Insurance increases dividend after €559m record profit
Vienna Insurance Group's increased its profit by 10.1% to €559m, making 2011 the most profitable year in the group's history.
Bancassurance in CEE: opportunities for growth
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.
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.
PZU targets 5bn PLN in five years from health insurance
Polish insurer PZU is hoping that legislative reform will allow it to expand its Polish healthcare portfolio.
Ace Europe targets over-50s market with Netherlands pilot
Ace Europe is branching into the over-50s market with a pilot starting in the Netherlands in Q2 this year.
Transactor Poland expands Cracow office
Transactor Poland is leasing additional office space for up to 30 staff in Cracow following its successful launch in September 2011.
Uniqa sees 4.4% growth in 2011
Uniqa group as increased it premiums by 4.4% to €5.37bn (2010: €5.14bn) and in the growth markets in Eastern Europe by 6.5% €1.08bn (2010: €1,02bn).
Polish latest nation to visit UK for fraud prevention tips
A delegation from Poland is the latest in a number of nations that has visited London to learn more about the fraud detection techniques used by the British insurance industry.
Vienna Group expects €560m profit for 2011
Vienna Insurance Group estimates that it will have profit before taxes of €560m in 2011, the best result in the group’s corporate history.
Talanx and KBC reach €770m agreement on Warta
KBC group has reached an agreement with Talanx International AG for the sale of 100% of the shares of KBC's Polish insurance subsidiary TUiR Warta for a total consideration of €770m.
Clustering seen as Windstorm Andrea follows hot on Ulli's heels
Windstorm Andrea passed through the UK earlier last week, fast on the heels of Windstorm Ulli, which brought widespread travel and power disruptions to Scotland.
Bancassurance: a bright future?
With all the turmoil across the Eurozone and with regulatory upheaval ahead, it seems it could be an interesting time for the bancassurance market, as Jakki May reports.
Poland, Hungary and Ukraine lead the way in Coface top 500 ranking
For European financial services companies 2010 saw a return to profitability and a significant growth in turnover, with Polish, Hungarian and Ukrainian companies leading the way, according to Coface's top 500 rankings.
Europa placed on positive watch ahead of acquisition
Europa has had its rating watch upgraded in high of its proposed takeover by Talanx.
Talanx announces acquisition plans
German insurance group Talanx is to purchase insurance companies Europa Non-Life and Europa Life from private financial group Getin Holding.
Calls for stricter ID checks to clamp down on plant theft
The Metropolitan Police has issued a plea to the insurance industry to introduce harsher ID checks before issuing policy cover in a bid to prevent finance and hire vehicle fraud.
Vienna Insurance reports 4% premium increase for first nine months
Austrian insurer Vienna Insurance Group reported consolidated written premiums of €6.8bn in the first nine months of 2011, a 4% increase year on year.