The Hungarian Insurance Companies’ Yearbooks are prepared based on our members’ annual financial data. The goal of these Yearbooks is to provide information about the insurance companies’ annual results and to allow the reader to compare the industry’s trends and indicators historically.

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Since Q3 2000 on a quarterly and since 2017 on an annual basis, the Association of Hungarian Insurance Companies collects key data of the Hungarian insurance market and displays them on its website. Such key data are premium income by insurance type / major product categories and by company, and total premiums by insurance type, annual claim expenditure, closing portfolio and portfolio premiums.

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The Association of Hungarian Insurance Companies – in accordance with the law – publishes its annual reports (available only in Hungarian).

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The annual international conference of the Association of Hungarian Insurer Companies is one of the most prominent event of the Hungarian insurance industry. The focus of the conference is always the customer service, the latest trends and the presentation of challenges. In addition, the event is also a special meeting for the sector’s decision-makers.

In 2017, at the initiative of MABISZ, a road safety and insurance themed week, called Safety Week was launched.
MABISZ co-organize the week with the National Accident Prevention Committee of the National Police Headquarters (ORFK-OBB). MABISZ cooperates with a number of organizations in connection with the themed week.

The competition targets the young generation, it aims to sensitize their interest in the insurance industry and to strengthen the relationship between the university students and the sector.
The event is organized by Case Solvers, which is itself a youthful company. They want to train the youngsters in a many-sided, problem-oriented way.

The presentations at this conference are about procuring insurance services and the requirements related to procuring building insurances.

The “Insurance Review” online magazine is published by the Association of Hungarian Insurance Companies. It can be accessed here:

biztositasiszemle.hu

The Council of Bureaux is the managing organisation of the international motor insurance card system (the “Green Card System”) under the aegis of the United Nations (Economic Commission for Europe – UNECE).

The Hungarian Lawyers Association Section for Insurance Law was established in 1970, and joined the same year the International Association for Insurance Law (AIDA), as the Hungarian Chapter of AIDA. Since its formation the Chapter has been performing national and international scientific activity on insurance law. Since that date it has been organizing its national programs, 2 – 4 times yearly, on current issues on insurance and insurance law joining to all codification works relating also to insurance.

The Section as the Hungarian Chapter of the AIDA, is actively participating in the life of AIDA. It is represented since 1970 on the world congresses being held every 4 years, on three world congresses one of the major reports of the given world congress was held by a Hungarian lawyer (Gyula Eörsi, Tamás Lábady, Károly Bárd). Hungarian insurance lawyers are regularly participating in the work and in the programs of the working parties of the AIDA. The president of the Section – Károly Bárd -, had been Co-President of the AIDA for several years, and is currently its Honorary President, Ferenc Kiss is member of the Presidential Council.

The VII. World Congress of the AIDA in 1986 has been held by the Section in Budapest, for 1200 delegates, of which ca. 1000 were foreign delegates. Since 1970 the Section organizes every 2 years the AIDA Budapest Insurance Colloquia of AIDA Budapest, in 2006 the IX. Colloquia. The colloquia have at an average 120-150 Hungarian and foreign participants and 10 -15 presenters (amongst them a great number of foreigners). The themes of the colloquia can be seen on our homepage.

The events of our Section are visited by average 50-100 enquirers. According to the working parties of the AIDA, the following national working parties are active: Working Parties for motor insurance, for life and pension insurance, for insurance brokerage, for the state supervision of insurance.

The Section also plays a major role in the life of the Hungarian Lawyers Association with its events, publications, it is in continuous cooperation with the Hungarian Insurers Association and its Legal section, as well as with the other sections of the Hungarian Lawyers Association.

Internet: www.aidahungary.hu

The Association of Hungarian Insurance Companies was founded and is operated by domestic insurers, in order to validate and protect their common professional interests, to raise the standards of professionalism and financial culture and to provide tasks linked to insurance institutions.

The Association of Hungarian Insurance Companies has written the Code of Ethics and Competition in parallel with the creation of insurance market during the regime change. The Code of Ethics and Competition of the Hungarian Association of Insurer Companies is not equal with the Behaviour Codex of the Law on Unfair Commercial Practices.

MABISZ is committed to the protection of personal data and takes the appropriate and necessary measures within its competence to ensure that risks caused during completing its functions and during the use of www.mabisz.hu remain in the safe level in accordance with the relevant Hungarian and European legislation.

MABISZ and its member insurance company consider their priority to promote consumer protection as fully as possible within the entire insurance sector. For this purpose it has established a Consumer Protection Policy. The Consumer Protection Policy of MABISZ is not equal with the Behaviour Codex of the Law on Unfair Commercial Practices.