The European Insurance and Occupational Pensions Authority (EIOPA) published its June 2025 Financial Stability Report, which offers a summary of how Europe’s insurance, reinsurance and occupational pensions sectors are faring in the current volatile macroeconomic environment.
The European Union is tightening regulations on end-of-life vehicles (ELVs) as part of its broader push for a circular economy and stronger environmental protection. While the German Insurance Association (GDV) supports the overarching goals, it has raised concerns about the potential impact on insurers.
Infinity Capital Investments S.A., a Romanian financial investment company formerly known as SIF Oltenia, is set to become a significant shareholder in PAID Romania – the Natural Disaster Insurance Pool, the insurer managing the country’s mandatory home insurance scheme.
Insurance Europe has responded to a consultation by the International Association of Insurance Supervisors (IAIS) which focusses on a draft Issues Paper on structural shifts in the life insurance sector, including alternative assets and asset-intensive reinsurance (AIR).
The Geneva Association announced the co-winners of the 2025 Geneva Association Ernst Meyer Prize: Nicolaus Grochola (Goethe University Frankfurt), Julia Holzapfel (Ludwig Maximilian University of Munich), and Lin Zhou (Lingnan University, Hong Kong).
The regional insurance market of the former USSR countries* grew by 50.32% in euros in the first quarter of 2025, amounting to EUR 11.45 billion, according to xprimm statistics.
According to the Czech National Bank data, Czech insurers ended Q1 2025 with GWP worth EUR 2.51 billion, by almost 7% more y-o-y. Paid claims have increased by 4.74%, to EUR 1.12 billion.
The aggregate Q1 GWP reported by Hungarian insurers totaled HUF 568.96 billion (~EUR 1.41 billion), 24.22% more y-o-y, according to the Q1 statistics published by the Central Bank of Hungary (local currency). The life insurance business accounted for 40.7%, a significantly higher weight in the market portfolio as compared with Q1 2024 (+7 percentage points).
The insurance sector of Kyrgyzstan grew by 70.20% at the end of the first quarter of 2025, reaching KGS 1,369.39 million (EUR 14.70 million), according to data published by the Service for regulation and supervision of the financial market of Kyrgyzstan.
The assets managed by Bulgarian insurance companies amounted to BGN 11.76 billion (EUR 6.01 billion) at the end of March, which means a y-o-y increase of 9.5%, SeeNews writes with reference to the central bank.
In 2025, farmers insured a small amount of land, as reported by Deputy Minister of Economy of Armenia in charge of agriculture, Arman Khojoyan, ArmInfowrites.
The Insurance Sector Development Strategy of the Compulsory Insurance Bureau (CIB) for 2025-2027 has been approved in Azerbaijan. It was developed to ensure sustainable, innovative and transparent development of the compulsory insurance sector in Azerbaijan, Trend writes with reference to the CIB.
The State Insurance Organization reported that, as of June 1, 2025, there are 331.5 thousand compulsory insurance contracts for housing against fires and natural disasters in Kyrgyzstan, 24.kg writes with reference to GSO.
In the first five months of this year, the state social insurance budget revenues amounted to MDL 22,448.1 million (~EUR 1.16 billion), which is 46.8% of the annual plan.
S&P Global Ratings published revised credit ratings for Sava Re d.d. and Zavarovalnica Sava d.d., raising their long-term issuer credit and financial strength ratings to “A+” with a stable outlook. In addition, S&P raised its ratings for two of Sava Re’s junior subordinated bonds from “BBB+” to “A-”, Sava Re said in its press release.
The Association of Serbian Insurers has signed a Cooperation Agreement with the Serbian Chamber of Commerce and the Serbian Banking Association, which envisages joint work on the development of the financial services market, the Association said on its website.
S&P Global Ratings upgraded the financial strength and issuer credit ratings of Triglav Group and thereby of its parent company Zavarovalnica Triglav and the Group member Pozavarovalnica Triglav Re from "A" to "A+", the Group said in its press release.
As the sun rises over Batumi, on the eastern coast of the Black Sea, 2025 edition of the International Insurance Conference of Georgia kicks off today, June 12, bringing together industry leaders, regulators, and innovators from 18 markets across the globe to discuss the future of the insurance sector.