Karla Zúñiga Administrator, Communications & Membership Administratice, Communications Et Adhésion

Total Page:16

File Type:pdf, Size:1020Kb

Karla Zúñiga Administrator, Communications & Membership Administratice, Communications Et Adhésion Dear Karla, Thanks. I am happy with the ASHK’s revised Professional Conduct Code. Mit freundlichen Grüßen | Best Regards Guillaume Moussa ERGO Group AG Economic Reporting & Optimisation / Life ERGO International ERGO-Platz 1 40198 Düsseldorf Tel 0211 477-1987 [email protected] Vorsitzender des Aufsichtsrats: Dr. Joachim Wenning Vorstand: Dr. Markus Rieß (Vorsitzender), Dr. Ulf Mainzer, Andree Moschner, Dr. Clemens Muth, Heiko Stüber Sitz: Düsseldorf, Handelsregister: Amtsgericht Düsseldorf, HRB 35978 Von: Karla Zuñiga <[email protected]> Gesendet: Mittwoch, 3. April 2019 18:32 An: Moussa, Guillaume (IRMF2D); Guillaume Moussa 2 Betreff: FW: Member Consultation - ASHK Revised Professional Conduct Code (PCC) Priorität: Hoch Dear Guillaume, Following the review you undedertook of the Actuarial Society of Hong Kong’s code of conduct, please see below and attached (first document) the information on the missing provisions. For your convenience I am also attaching a copy of the criteria checklist you submitted with your review results. Please do not hesitate to let me know if you need any further assistance. Best regards, Karla Zúñiga Administrator, Communications & Membership Administratice, Communications et adhésion Tel: +1-613-236-0886, ext. 109 Fax: +1-613-236-1386 Email/Skype: [email protected] 1203-99 Metcalfe, Ottawa ON K1P 6L7 Canada www.actuaries.org From: Pat Kum <[email protected]> Sent: Friday, March 22, 2019 1:18 AM To: Michael G. McDougall <[email protected]>; Karla Zuñiga <[email protected]> Cc: Simon Lam <[email protected]>; [email protected]; Sai Cheong Foong <sai- [email protected]>; [email protected]; [email protected]; [email protected]; Nora Li <[email protected]>; Ka Man Wong <[email protected]>; 'Alexander K P WONG' <[email protected]>; 'Billy'' <[email protected]>; 'Kenneth Dai' <[email protected]>; 'Dicky Lam' <[email protected]>; J Peter Duran <[email protected]>; 'Roddy Anderson' <[email protected]>; Derwyn Emrys Thomas <[email protected]>; 'Thomas Tang' <[email protected]>; [email protected] Subject: FW: Member Consultation - ASHK Revised Professional Conduct Code (PCC) Importance: High Dear Sirs, We are in receipt of an email from Ms Karla Zuniga informing us of changes requested to the ASHK Professional Conduct Code (PCC) effective 1 June 2017. When the current PCC was adopted our aim was to replace the former PCC, which had been adopted 20 years earlier, with a new, principle-based PCC. We reviewed the codes of conduct of the major international actuarial bodies and developed the current PCC. At the time, all the changes that the IAA is now requesting were considered. It was concluded that they were implicit in the revised PCC and so were not included explicitly. Despite the foregoing, we respect the IAA’s review process and take seriously the comments you have made. We have therefore developed a revised PCC that addresses the points raised. Please see the attached version with tracked changes. Under the ASHK’s By-Law on Due Process, in order to adopt the revised PCC, the following must occur: • The ASHK Council must approve exposing the revised PCC to the membership for a period of at least one month. Council approved the revised PCC on 14 March 2019. • The revised PCC must then be exposed for comments. This was done on 22 March 2019 with a comment deadline of 1 May 2019 (see email below). • The Council must then vote to recommend adoption to the membership. I expect this to happen at the May Council meeting scheduled for 20 May 2019. • The revised PCC must them be adopted at the Annual General Meeting which will be held in December 2019. Please let us know if you have any questions or comments and please confirm that the above is acceptable to the IAA. Thank you and have a good day. Sincerely, Peter Duran Chairperson of Professional Matters Committee The Actuarial Society of Hong Kong 1803 Tower One, Lippo Centre, 89 Queensway, Hong Kong T: (852) 2147 9278 | F: (852) 2147 2497 E: [email protected] | W: www.actuaries.org.hk From: ASHK <[email protected]> Sent: Friday, March 22, 2019 1:06 PM To: ASHK <[email protected]> Subject: Member Consultation - ASHK Revised Professional Conduct Code (PCC) Importance: High Dear ASHK Members, In 2017 the ASHK adopted a revised, principle-based Professional Conduct Code (PCC). The PCC was reviewed by the International Actuarial Association, which has asked that we make certain parts of it more specific. The proposed revised PCC is attached. Aside from the effective date, which is proposed to be 1 January 2020, there are four additions proposed to the current PCC. They are: 1. A Member must act honestly, with integrity, in the interest of his/her client, and in accordance with the profession’s responsibility to the public. (Added to section 4.1) 2. A Member shall co-operate with others serving his/her client. (New section 4.2.4) 3. A Member shall consider whether it is appropriate to consult any predecessor actuary to ensure there are no professional reasons to decline taking on a new assignment. (New section 4.2.5) 4. A Member shall disclose promptly to his/her client any other sources of material compensation or income related to any service provided for the client. (New section 6.2.6) As required by the ASHK By-Law on Due Process, this Exposure Draft is being circulated to the membership for review and comment. Comments are due by 1 May 2019. Please send your comments to [email protected]. The Professional Matters Committee will review and respond to all comments received. It is then expected that the Council will adopt the revised PCC. It will then be submitted to the membership for approval at the Annual General Meeting in December 2019. On Behalf of the ASHK Professional Matters Committee, Peter Duran Chairperson of Professional Matters Committee The Actuarial Society of Hong Kong 1803 Tower One, Lippo Centre, 89 Queensway, Hong Kong T: +852 2147 9278 | F: +852 2147 2497 E: [email protected] |W: www.actuaries.org.hk .
Recommended publications
  • Annual Report 2009 ERGO Insurance Group
    ERGO 48 (50022335) GROUP ANNUAL REPORT 2009 REPORT GROUP ANNUAL Overview of ERGO Insurance Group 2009 2008 Change previous year (%) Total premiums € million 19,050 17,711 7.6 Gross premiums written € million 17,470 16,578 5.4 Expenses for claims and benefits € million 16,114 13,893 16,0 Investment result € million 4,401 2,871 53.3 Result before impairment losses of goodwill € million 734 929 – 21.0 Consolidated result € million 173 73 135.6 Investments € million 113,277 108,191 4.7 Technical provisions (net) € million 109,197 101,809 7.3 Equity € million 3,857 3,568 8.1 Full-time representatives 21,963 21,709 1.2 Salaried employees 33,152 31,508 5.2 Group earnings per share in accordance with IFRS € 2.14 0.76 183.0 Dividend per share € 0.60 –– With premium income of € 19bn, ERGO is one of the ERGO has the right sales channel for every client: major insurance groups in Europe. Worldwide, ERGO almost 22,000 self-employed full-time insurance agents, is represented in more than 30 countries and concen- staff working in direct sales, as well as insurance bro- trates on Europe and Asia. In Europe, ERGO is no. 1 in kers and strong cooperation partners – both in Ger- the health and legal expenses insurance segments, many and abroad – look after clients. In addition, and is among the market leaders in its home market of ERGO maintains a far-reaching sales partnership with Germany. More than 50,000 people work for the Group, the major European bank UniCredit Group, both in either as salaried employees or as full time self- Germany as well as in Central and Eastern Europe.
    [Show full text]
  • Corporate Responsibility Report 2010/2011
    MUNICH RE CORPORATE RESPONSIBILITY Contents Page Strategy and challenges 2 Statement by the CEO 4 Guiding concept and mission 5 Fields of action and objectives 6 Milestones 8 Stakeholder dialogue 12 Challenges 14 Management 20 Responsible corporate governance 21 Sustainable investments 29 Responsibility towards staff 36 Our environmental awareness 50 Solutions 58 Strategic approach 59 Reinsurance 60 Primary insurance 67 Munich Health 72 Asset management 75 Commitments 77 New corporate citizenship concept 78 Focal areas – Investing in the future 79 Foundations – Making a difference 85 Facts and figures 89 About the corporate responsibility portal 90 Key performance indicators 91 GRI and Global Compact Communication on Progress 99 SRI-Indices and awards 134 Partnerships, initiatives and foundations 136 MUNICH RE Corporate Responsibility Contact Privacy Statement Legal Notice Imprint CORPORATE RESPONSIBILITY MUNICH RE STRATEGY AND CHALLENGES MANAGEMENT SOLUTIONS COMMITMENT FACTS AND FIGURES Corporate Responsibility in Figures STRATEGY AND CHALLENGES Munich Re is committed to its corporate responsibility. To ensure that we meet 28,000 this commitment, responsible action is a mainstay of our strategy, firmly ingrained in our organisation, and thus addresses the major challenges of our More than 28,000 entries are time. » more tracked within NatCatSERVICE, our collection of natural catastrophe database. » more STATEMENT BY THE CEO CURRENT NEWS Quick Links » Statement by the CEO EARNING TRUST 08.08.2011 » Guiding concept and mission Project cooperation on corporate responsibility » A forward-looking and responsible approach has Sustainable investments between Munich University of Applied » been focused by Munich Re for many years. Responsibility towards staff Sciences and Munich Re » Corporate Responsibility is and has always been Foundations » an integral part of Munich Re’s Group strategy.
    [Show full text]
  • Computer Lnsurance Company NAIC Group Code.....0, 0 NAIC Gompany Code
    r pflil nr rulililllil ryfllll|lü llrürJryil ilil !ilflil ilry QUARTERLY STATEMENT As of June 30, 2018 of the Condition and Affairs of the Computer lnsurance Company NAIC Group Code.....0, 0 NAIC Gompany Code..... 34711 Employe/s lD Number..... 05-0443418 (CunentPeriod) (Prior Period) OrganÞed underthe Laws of Rl State of Domicile or Port of Entry Rl Country of Domicile US lncorporated/Organized...,. January 1, 1989 Commenced Business..... July 1, 1989 Statutory Home Offtce ' 222 Jeffenon Boulevard, Suite 200.. Wanrvick.. Rl .. .. 02888 (&reet and llunber) þiA u Town, State, Country and Zip Code) Main Administrative Office 76 St. PaulStreet, Ste 500 .. Burlington .. W., .. 802-2644708 (Street and Number) (City u Town, &ab, Courtry and Z¡p Code) (Arca Code) (Telephone Number) Mail Address 76 St. Paul Street, Ste 500 .. Burlington .. W.. .. (&rcd aú llunberu P. O. Box) (City uToun, State, Cawfiy andZip Code) Primary Loætion of Books and Records 76 St. Paul Street, Ste 500 .. Burlington .. W .. .. 802-2644708 (&rcet and lluntr,r) (City u Town, $raÞ, Comtry and Zip Code) (Area Code) (Tel@rone Nunba) lntemet Web Site Address Statutory Statement Contact Shayne Millette 802-2644708 (Name) (Area Code) (felephone Nunbel @rtension) Shayne.Millette@aon. com 802-860-0440 (E lúail Address) (Fax Number) OFFICERS I'lame ïifle ilame Tiflè 1. Kenneth Kuhn # Vice President & Treasurer 2. David Brune # Chief Executive Officer & President 3. Angela Homm # Vice Præident & Chief Financial 4. Laura Hoensch # Genenal Counsel & Secretary Officer OTHER Andrew Rear # Chairman Stacey Eisenbraun # Vice President Mark Van Emburyh # Vice President Paul Wolfe # Vice President lgnacio Rivera # Assistant Secretary DIRECTORS OR TRUSTEES David Brune # Laura Hoensch # Ançla Homm # Andreas Kleiner # Kenneth Kuhn # Andrew Rear # Stateof.......
    [Show full text]
  • Emerging-Risks-In-The-EU-The-Insurance-Market.Pdf
    Public Disclosure Authorized 2019 Public Disclosure Authorized Emerging Risks in the EU – The Insurance Market Public Disclosure Authorized BACKGROUND INFORMATION AND DATA Public Disclosure Authorized FINANCE, COMPETITIVENESS & INNOVATION | EUROPE AND CENTRAL ASIA REGION Contents1 EUROPEAN SUPERVISORY BODIES ................................................................................................................ 2 European Insurance and Occupational Pensions Authority (EIOPA) ........................................................ 2 European Systemic Risk Board (ESRB) ...................................................................................................... 2 SUPERVISION AT THE EU LEVEL .................................................................................................................... 3 Insolvency ................................................................................................................................................. 4 Insurance Guarantee Schemes ................................................................................................................. 5 INSURANCE ASSOCIATIONS .......................................................................................................................... 6 International Association of Insurance Supervisors (IAIS) ........................................................................ 6 International Bureau of Assurance and Reassurances (BIPAR) ................................................................ 6 Global Federation
    [Show full text]
  • Italy Travel Insurance Market by Insurance Cover
    +44 20 8123 2220 [email protected] Italy Travel Insurance Market By Insurance Cover (Single-Trip Travel Insurance, Annual Multi-Trip Travel Insurance, and Long-Stay Travel Insurance), Distribution Channel (Insurance Intermediaries, Insurance Companies, Banks, Insurance Brokers, and Insurance Aggregators), Distribution Mode (Business- to-Business (B2B), Business-to-Consumer (B2C), and Business-to-Business-to-Consumer (B2B2C), and End User (Senior Citizens, Education Travelers, Business Travelers, Family Travelers, and Others): Opportunity Analysis and Industry Forecast, 2020–2027 https://marketpublishers.com/r/I28412A7ABCEN.html Date: July 2020 Pages: 134 Price: US$ 3,649.00 (Single User License) ID: I28412A7ABCEN Abstracts Travel insurance covers the cost incurred due to any problematic incidents while traveling. It includes trip cancellation losses, loss of baggage, medical treatment of patients, and loss of travel documents, evacuation, or deportation during an emergency, and other unavoidable conditions. In the coming years, the Italy travel insurance market is projected to grow at a significant rate owing to its low penetration rate and increase in the tourism industry. In addition, Italy is a unitary parliamentary republic in Europe, therefore demand for travel & tourism largely takes place in the country. The growth of the Italy travel insurance market is largely attributed to the growth in trends for availing travel insurance as a prerequisite for obtaining Visa in the country. In addition, depending on coverages, travel insurance providers in the country offer different plans by covering costs and losses associated with traveling. Further, several intermediaries in distribution channel such as insurance aggregators, banks, insurance Italy Travel Insurance Market By Insurance Cover (Single-Trip Travel Insurance, Annual Multi-Trip Travel Insur..
    [Show full text]
  • ERGO Austria International AG and the Operational Insurance Company ERGO Versicherung AG Are Part of the International ERGO Group AG Based in Dusseldorf
    ERGO Austria Group Profile Status May 2021 . Content ERGO Austria . 1 ERGO in Austria 3 2 Key Facts ERGO Austria 9 3 Corporate Strategy 13 4 Key Facts ERGO Group AG 16 2 ERGO in Austria . ERGO in Austria Overview . • The holding company ERGO Austria International AG and the operational insurance company ERGO Versicherung AG are part of the international ERGO Group AG based in Dusseldorf. • ERGO Versicherung offers Life, Health, Property & Casualty and Accident Insurance. • The main sales and cooperation partners of ERGO Austria are Bank Austria/UniCredit, Volksbanken, ERGO Vorsorgemanagement GmbH, our tied agents as well as agencies and brokers. • D.A.S. Rechtsschutz Versicherung is a member of ERGO Group AG and is also represented in Austria as well as a branch of ERGO Versicherung AG Germany for the industrial business. 4 ERGO in Austria Development of ERGO in Austria from 2007-2012 ERGO in Österreich 2007 - 2010 2011 2012 2009 • Foundation of ERGO • Relocation of all ERGO • Acquisition of minority • Rebranding of Victoria- Austria International AG companies to ERGO interests of Volksbank in Volksbanken Versicherung to • Increase of share in Bank Center in Vienna’s 11th Viktoria-Volksbanken ERGO Versicherung AG Versicherung Austria Versicherung up to district • Establishment of ERGO 90% Industrial as a branch of • Transfer of Victoria- ERGO Versicherung AG, Volksbanken Germany Versicherungsgesellschaf- ten shares to ERGO Austria 5 ERGO in Austria Development of ERGO in Austria from 2013-2015 . 2013 2014 2015 • Acquisition of Austrian- • Merger of ERGO Direkt • Sale of Victoria- based ERGO Direkt Lebensversicherung AG Volksbanken Lebensversicherung AG into ERGO Versicherung Pensionskassen AG and • Merger of Bank Austria AG Vorsorgekasse AG Versicherung into ERGO Versicherung AG 6 ERGO in Austria Development of ERGO in Austria from 2016-2020 .
    [Show full text]
  • International Trade Risks
    International Trade Risks (Credit Insurance and Opportunity for Non Life Insurance Market in India) There are risks and costs to a program of action, but they are far less than the long-range risks and costs of comfortable inaction - John .F. Kennedy NAME: Manjunath Reddy .M BATCH: Fall Winter 2005-2007 REFERENCE NO: BF05F033. FACULTY GUIDE: Prof. Tareque Laskar - 1 - ACKNOWLEDGEMENT I take this opportunity to thank all those people who helped me to complete the thesis. Firstly, I would like to thank Mr.Jayachandran, Dean, The Indian Institute of Planning and Management, Bangalore, who provided us the opportunity to carry out this project report. I take this opportunity to express my profound gratitude to Professor Mr. Tareque Laskar and Mr. Samuel Jesurathinam, who had initiated me into this project and also guided us from time to time to fulfill the same, I am thankful to them for their continuous help and constructive criticism throughout the project and in bringing out this thesis. I am grateful to my ever encouraging friends and family members, without their support I would not have been able to complete this thesis work. - 2 - THE INDIAN INSTITUTE OF PLANING AND MANAGEMENT BANGALORE CERTIFICATE OF GUIDANCE This is to certify that the project report entitled “Credit Insurance and Non life insurance market in India ” submitted by the following student of Indian Institute of Planning and Management, Bangalore has been carried out under my guidance. The matter presented is their original work and has been submitted to the college as part of partial fulfillment of their MBA degree.
    [Show full text]
  • Corporate Structuresof of Independent Independent – Continued Insurance Adjusters, Adjusters Inc
    NEW YORK PENNSYLVANIANEW YORK New York Association of Independent Adjusters, Inc. PennsylvaniaNew York Association AssociationCorporate of of Independent Independent Structures Insurance Adjusters, Adjusters Inc. 1111 Route 110, Suite 320, Farmingdale, NY 11735 1111 Route 110,110 Suite Homeland 320, Farmingdale, Avenue NY 11735 E-Mail: [email protected] section presents an alphabetical listing of insurance groups, displaying their organizational structure. Companies in italics are non-insurance entities. The effective date of this listing is as of July 2, 2018. E-Mail:Baltimore, [email protected] MD 21212 www.nyadjusters.org www.nyadjusters.orgTel.: 410-206-3155 AMB# COMPANY DOMICILEFax %: OWN 215-540-4408AMB# COMPANY DOMICILE % OWN 051956 ACCC HOLDING CORPORATION Email: [email protected] AES CORPORATION 012156 ACCC Insurance Company TX www.paiia.com100.00 075701 AES Global Insurance Company VT 100.00 PRESIDENT 058302 ACCEPTANCEPRESIDENT INSURANCE VICECOS INC PRESIDENT 058700 AETNA INC. VICE PRESIDENT Margaret A. Reilly 002681 Acceptance Insurance Company Kimberly LabellNE 100.00 051208 Aetna International Inc CT 100.00 Margaret A. Reilly PRESIDENT033722 Aetna Global Benefits (BM) Ltd Kimberly BermudaLabell 100.00 033652 ACCIDENT INS CO, INC. HC, INC. 033335 Spinnaker Topco Limited Bermuda 100.00 012674 Accident Insurance Company Inc NM Brian100.00 Miller WEST REGIONAL VP 033336 Spinnaker Bidco Limited United Kingdom 100.00 058304 ACMATVICE CORPORATION PRESIDENT 033337 Aetna Holdco (UK) LimitedEXECUTIVEWEST REGIONAL SECRETARYUnited Kingdom VP 100.00 050756 ACSTAR Holdings Inc William R. WestfieldDE 100.00 078652 Aetna Insurance Co Ltd United Kingdom 100.00 010607 ACSTARDavid Insurance Musante Company IL 100.00 091442 Aetna Health Ins Co Europe DAC WilliamNorman R.
    [Show full text]
  • The Winning Strategy for the Pension Market in China
    The winning strategy for the pension market in China June 2019 Table of contents Introduction 2 I. An overview of the global pension system 5 II. An outlook of China’s commercial pension market 14 III. Financial institutions’ winning strategy in the commercial pension market 21 65 Introduction 2 The winning strategy for the pension market in China On March 6, 2019, in the Work Report at the Two total AUM is around RMB 1.6 trillion, making up Sessions, Premier Li Keqiang said: “The social the remaining 30 percent. The third pillar, the security system and policy need to be further personal pension, is still at a nascent stage and perfected, and a multilevel pension security currently has no unified definition and scope. system needs to be developed.” This remark has The first pillar’s overall volume and amount have once again prompted Chinese society to reflect continued to rise, but the income replacement on elderly care and how China–a fast devel- ratio (defined as the ratio of the pension one oping country–can address this issue. Which receives upon retirement to the income received retirement types are most suitable for Chinese before retirement) remains less than 50 percent. pensioners? Moreover, the government’s burden continues to be a challenge, as it is faced with slowing rev- Traditional retirement models are enue, growing expenses, and complete depletion being challenged as China acceler- of funds in some areas. The financial subsidy for ates towards an aging population the first pillar is increasing year by year, though with a low birthrate this will be hard to sustain in the long run.
    [Show full text]
  • Annual Report Company 2020
    Annual Report 2020 Munich Reinsurance Company 2020 Key figures Munich Reinsurance Company (under German accountancy rules) €m 2020 2019 2018 Gross premiums written 25,152 22,814 20,503 Investments 76,765 75,622 74,450 Net technical provisions 64,179 63,431 59,133 Shareholders’ equity 12,362 10,894 11,701 Profit/loss for the year 3,180 1,492 2,160 Dividend 1,373 1,373 1,335 Dividend per share in € 9.80 9.80 9.25 Share price at 31 December in €1 242.80 263.00 190.55 Market capitalisation at 31 December 34,016 37,956 28,495 1 Source: Datastream. Münchener Rückversicherungs-Gesellschaft Aktien- gesellschaft in München (hereinafter: Munich Reinsurance Company) has its registered office in Munich (Commercial register number: HRB 42039, Registrar of Companies: Local Court [Amtsgericht] in Munich). Our presentation currency is the euro (€). Unless otherwise specified, amounts are rounded to million euros. Due to rounding, there may be minor deviations in summations and in the calculation of percentages, with figures in brackets referring to the previous year. We only add plus or minus signs where it is not clear from the context whether the amount in question is an expense/outflow or income/inflow. Contents Munich Reinsurance Company 1 Report on the 141st year of business 1 January to 31 December 2020 Report of the Supervisory Board 2 Combined management report and combined non-financial statement 9 Financial statements as at 31 December 2020 11 Balance sheet 12 Income statement 14 Notes to the financial statements 16 List of shareholdings as at 31 December 2020 35 Independent auditor’s report 48 Responsibility statement 55 This document is a translation of the original German version and is intended to be used for informational purposes only.
    [Show full text]
  • Munich Re Group Annual Report 2020
    Group Annual Report 2020 Munich Re 2020 Key figures (IFRS)1, 2 Munich Re at a glance 2020 2019 2018 2017 2016 Gross premiums written €m 54,890 51,457 49,064 49,115 48,851 Net earned premiums €m 51,223 48,280 45,735 47,164 47,118 Net expenses for claims and benefits €m –43,077 –39,685 –35,116 –41,645 –38,498 Net operating expenses €m –12,815 –13,056 –12,587 –12,186 –12,295 Operating result €m 1,986 3,430 3,725 1,241 4,025 Taxes on income €m –269 –483 –576 298 –760 Consolidated result €m 1,211 2,707 2,275 392 2,581 Attributable to non-controlling interests €m 0 –17 –34 17 1 Earnings per share € 8.63 18.97 15.53 2.44 16.13 Return on equity (RoE)3 % 5.3 11.7 8.4 1.3 8.1 Return on investments (RoI) % 3.0 3.2 2.8 3.2 3.2 Dividend per share4 € 9.80 9.80 9.25 8.60 8.60 Dividend payout4 €m 1,373 1,373 1,335 1,286 1,333 Share price at 31 December € 242.80 263.00 190.55 180.75 179.65 Munich Reinsurance Company’s market capitalisation at 31 December €bn 34.0 38.0 28.5 28.0 28.9 Carrying amount per share € 213.38 215.32 180.86 185.19 200.86 Investments €m 232,950 228,764 216,852 217,562 221,752 Insurance-related investments €m 11,033 9,163 8,424 9,664 9,558 Equity €m 29,994 30,576 26,500 28,198 31,785 Off-balance-sheet unrealised gains and losses5 €m 21,298 19,913 16,067 14,980 17,276 Net technical provisions €m 221,480 217,941 208,270 205,754 202,240 Balance sheet total €m 297,946 287,553 270,168 265,722 267,805 Staff at 31 December 39,642 39,662 41,410 42,410 43,428 Reinsurance 2020 2019 2018 2017 2016 Gross premiums written €m 37,321 33,807 31,286 31,569 31,463 Investments (incl.
    [Show full text]
  • Leading Insurers in Central & Eastern Europe And
    LEADING INSURERS IN CENTRAL & EASTERN EUROPE AND CIS: LIFE AND NON-LIFE 2006 TOP-Insurer 2007 www.theinsurer.net Russian Polis Information Group ALBANIA•ARMENIA•AZERBAIJAN•BELARUS•BOSNIA AND HERZEGOVINA•BULGARIA•CROATIA•CYPRUS• Tel.: +7 495 612 8118, +7 612 1093, +7 495 612 7457 CZECH REPUBLIC•ESTONIA•GEORGIA•GREECE•HUNGARY•KAZAKHSTAN•KYRGYZSTAN•LATVIA• Fax: +7 495 612-8128 LITHUANIA•MACEDONIA•MOLDOVA•MONTENEGRO•POLAND•ROMANIA•RUSSIA•SERBIA•SLOVAKIA• www.theinsurer.net SLOVENIA•TAJIKISTAN•TURKEY•UKRAINE•UZBEKISTAN INSURANCE MARKETS AND INSURANCE GROUPS IN CENTRAL, EASTERN EUROPE AND FORMER USSR ANALITYCAL REPORT 2007 Publisher Russian Polis Information Group Vadim Demchenko, project director Tatiana Savelyeva, business development director Research Pavel Grishin, senior analyst Lilit Voskanyan, analyst Editors Dan Khazankin, editor of The Insurer magazine Dina Khrennikova, editor of The Insurer magazine Design & Production: Dmitry Gorbachev Alexander Nekhlyudov Olga Vassilyeva TOP-Insurer is published by Russian Polis Information Group Ltd. Editorial and executive office: 18 Yunnatov str., of. 201, Moscow, 127083, Russia. Telephone: +7 495 612 8118. Fax: +7 495 612 8128. TOP-Insurer is a registered trademark of the Rus- sian Polis Information Group Ltd. Copyright 2005. © Russian Polis Information Group Ltd. All rights reserved; reproduction in whole or in any part without permission is prohibited. Contents Foreword 7 Section 1 11 Insurance development in the CEE and former USSR countries 11 Life insurance development in CEE and former
    [Show full text]