Central Europe - insurers look to overcome region's ALM challenges

Taking the centre ground

Victory Square in Romania

Rapid economic development and a very low level of insurance penetration due to the region casting off the shackles of communism only in the last 20 or so years leaves central and eastern Europe (CEE) as a potential growth market for the insurance sector.

And the major insurers certainly think so. Spearheaded by Trieste-based Generali, Munich-based Allianz and the lesser-known Vienna Insurance Group, multinational insurers have colonised the region, particularly on the life side, during the past

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The future of life insurance

As the world constantly evolves and changes, so too does the life insurance industry, which is preparing for a multitude of challenges, particularly in three areas: interest rates, regulatory mandates and technology (software, underwriting tools and…

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