Life insurance

The year's first five months showed an increase in the insurance business by 12.1%, compared to January-May 2023, part of which is fueled by the increase in premiums, as well as the growth in sales for residential and business insurance after the catastrophic advent of Storm Daniel last September. 

Insured individuals with mature retirement rights had to take all necessary actions themselves to submit their retirement application

Ljubljana – The Slovenian insurance industry’s total gross premiums written in 2021 reached almost EUR 2.5 billion, up 2.5% over 2020, Statistics Office figures show. As much as EUR 1.9 billion came from physical persons and the remaining EUR 515 million from legal persons.

For an incorrectly entered the recipient's account number on the payment slip, you can get fined. Additional costs will be incurred if a client complains about service and gets wrong about it. Can banks charge someone the right to appeal?

Romanian insurers' gross written premiums amounted to approximately 11.5 billion lei in 2020, roughly 4.6 percent up from the previous year, the Financial Supervisory Authority (ASF) announced on Thursday.

Ljubljana – The insurance group Sava generated EUR 674.9 million in operating revenue last year, up 15.5% compared to 2019, while net profit increased by 12.3% to EUR 56.4 million, which was also above plans, show the unaudited results announced on Friday.

The Romanian insurance market had a weight of 2.3% of the Gross Domestic Product (GDP) in 2020, and the first gross premiums have gone up to 11.5 billion RON, rising by 5% from 2019, announced on Thursday, during a specialty conference, Nicu Marcu, the chairman of the the Financial Supervisory Authority (ASF).

The cost of compensation paid by insurance companies for treatment based on the single health index compiled annually by the Foundation for Economic and Industrial Research (IOBE) is seen as a harbinger of steep price hikes in the insurance premiums of long-term health programs, to the tune of up to 11%.

The gross premium income of the non-life insurance companies reached BGN 403,109,672 at the end of February, according to the Financial Supervision Commission. A little over 69% of it comes from motor insurance, and 15% is under "Fire and natural disasters" and "other property damage".

State Fund Agriculture decided to increase the budget of the state aid scheme for the co-financing of insurance premiums for agricultural products insurance by BGN 700,000 in 2018. Thus, the total amount for agricultural insurance reaches BGN 2.2 million.