Many European insurers expect claims totaling millions of euros as flooding that has heavily damaged areas of the Czech Republic and Austria now threaten eastern Germany. Reuters reports that several European insurers’ financial standings are already precarious due to claims …
The latest sigma study from Swiss Re provides a detailed overview of Central and Eastern European insurance markets with an analysis of the latest developments in life and non-life insurance in 27 countries, including the CIS, and on progress among …
Germany’s Allianz is in talks with the Czech government concerning the acquisition of its 30 percent holding in the country’s biggest insurance group, Ceska Pojistovna. The move would further strengthen Allianz’ rapidly growing operations in Eastern Europe. CP has 43 …
