News - Insurance
Chris Lay to retire from Marsh in 1Q2026 after over 40 years of service
James Addington-Smith has been appointed as CEO of Marsh UK. Subject to regulatory approval, Mr. Addington-Smith will take up his new role early in 2026, Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan announced.
Chubb: Bill Hazelton appointed as Chief Operating Officer, North America Field Operations
Bill Hazelton has been appointed to Chief Operating Officer for North America Field Operations, effective December 1, 2025, Chubb announced.
Achmea sets ambitious goals for 2030
Since 2021, both Achmea’s operational result and Operational Free Capital Generation (OFCG) have increased significantly, while its solvency remains consistently strong. This has provided the company with a solid foundation, and it is well on track to accomplish its goals for 2025, Achmea said in its recent press release.
Aegon continues to make good progress in transforming its businesses during the 3Q2025
The Dutch insurer Aegon reported EUR 340 million operating capital generation (OCG) before holding funding and operating expenses for third quarter 2025. Capital ratios of Aegon’s main units remain strong, above their respective operating levels, according to the company’s press release.
Allianz recognized as one of the World’s Best Workplaces holding the 17th position
Allianz, the leading insurer and asset manager, has once again been recognized as one of the World’s Best Workplaces by Great Place to Work – holding the 17th position for the second year in a row.
Allianz’s 9M2025 results were excellent, delivering a record operating profit
In 3Q2025, Allianz delivered a strong performance, characterized by excellent operating profit delivery across its three segments. Allianz’s total business volume amounted to EUR 42.8 billion (3Q2024: EUR 42.8 billion), the company said in its report.
ARMENIA: Insurance sector’s net profit in 9M2025 rises due to high tariffs
Armenia's insurance sector’s net profit increased fourfold year-on-year in the first nine months of 2025 (vs a 77.5% decline a year ago), reaching AMD 2.8 billion (USD 7.3 million), ArmInfo reports.
Aviva 3Q results: the Group continues to make excellent progress and now expects to achieve its financial targets in 2025
After nine months of 2025 General Insurance (GI) premiums of Aviva were up 12%3 to GBP 10.0 billion (9M24: GBP 9.1 billion), the company said in its report.
CROATIA: Acredia opens an office in Zagreb confirming its long-term commitment to the Croatian market
ACREDIA, an international insurance and risk management company, has officially opened its office in Croatia. In Zagreb, the company presented its strengthened local team, osiguranje.hr writes.
CZECHIA: Claim inflation in compulsory insurance rises again
The upward trend in civil liability insurance claims continues – while about 259,000 claims were registered in 2023 and 263,000 in 2024, this year's total is expected to exceed 265,000, representing a 1% increase, the Czech Office of Insurers wrote.
ESTONIA: The need for life insurance is growing as fewer families can cope with loss of income
The economic situation of Estonian residents in the event of a loss of income has deteriorated significantly in recent years, research data from the Estonian Insurance Association (EKsL) and Turu-uuringute AS show.
ESTONIA: The tax benefit limit doesn’t allow for adequate health insurance coverage
In Estonia, 10% of employees have employer health insurance, at that the share of employer health insurance in total market premiums is 2%.
Hannover Re generates a very good Group profit in the first nine months
Hannover Re generated a very good Group profit in the first nine months and is revising its full-year guidance. Among other things, the company is raising its projected Group net income to around EUR 2.6 billion. Group net income for the 2026 financial year is expected to reach at least EUR 2.7 billion, the Group announced.
KAZAKHSTAN: Igor Yakovenko re-elected as insurance ombudsman
On November 7, 2025, by decision of the Commission of the Agency of the Republic of Kazakhstan for Regulation and Development of Financial Market, Igor Yakovenko was re-elected as insurance ombudsman for a three-year term, the Agency reports.
KBC Group records an excellent net profit of EUR 1 002 million in the third quarter of 2025
In 3Q2025 net interest income of the KBC Group increased by 1% quarter-on-quarter and by 10% year-on-year. The net interest margin for the quarter under review amounted to 2.05%, down 3 basis points on the previous quarter and 4 basis points year-on-year.
KYRGYZSTAN: MTPL generated the largest share of GSO’s paid claims over the past 10 months
The State Insurance Organization (GSO), the leader in the insurance market of Kyrgyzstan, paid out over KGS 108.8 million (~EUR 1.07 million) to citizens in the first ten months of 2025, for.kg reports.
MOLDOVA: NBM actively supports technological transformation in the insurance sector
Constantin Șchendra, Deputy Governor of the National Bank of Moldova (NBM), participated in the 2025 edition of the Insurance Conference of the Republic of Moldova on November 18, co-organized by BNAA (National Motor Insurers Bureau of Moldova) and XPRIMM.
Sava Insurance Group’s net profit rises 36.1% y-o-y meeting the Group’s full-year 2025 profit target after 9 months
After 9 months of 2025 the business volume of the Sava Insurance Group grew by 8.0% to EUR 879.6 million, with all operating segments contributing to this growth, led by higher gross written premiums in non-life insurance and reinsurance, the Group said.
Successful completion of the integration of the former Liberty Seguros further strengthens Generali’s position as a leading European insurer
Generali has completed the legal integration of the former Liberty Seguros, acquired in January 2024. According to the press release, the transaction, largest for the Group in a decade, further strengthens Generali’s position as a leading European insurer.
PZU Group 9M2025: Insurance business generated nearly 70% of net profit
After three quarters of this year, the PZU Group increased its gross insurance revenue to PLN 23.1 billion. During the reporting period, it generated a net profit attributable to shareholders of the parent company of over PLN 5.2 billion (+42.7% y-o-y). The adjusted return on equity (aROE) at the end of September was 22.1%, the company announced.
25 November 2025