News - Insurance



TURKIYE: The Northern Cyprus insurance sector is open to international cooperation

The Northern Cyprus insurance sector is open to international cooperation with Türkiye, the Organization of Turkic States, and European countries within the framework of international cooperation and education initiatives, as Chairman of the Northern Cyprus Insurance and Reinsurance Companies Association Borte Barlasoglu said at the "Turkic States InsurTech Summit 2025", Trend reports.



WTW delivers a solid revenue performance in the third quarter

Revenue of WTW, a leading global advisory, broking and solutions company, was USD 2.29 billion for the third quarter of 2025, which was flat compared to USD 2.29 billion for the same period in the prior year due to the sale of TRANZACT, the company said in its report on financial results for the third quarter ended September 30, 2025.


Codruța Furtună appointed Deputy CEO of Allianz-Țiriac Asigurări, Romania

Allianz-Țiriac Asigurări announces the appointment of Codruța Furtună, currently Sales and Distribution Director, as Deputy Chief Executive Officer. The nomination has been approved by the Financial Supervisory Authority (ASF) and will be registered with the National Trade Register Office.

STATISTICS: CROATIA, 3Q 2025: motor insurance lines remained the market drivers

According to data provided by HANFA – the Croatian Financial Services Supervisory Agency, at the end of September 2025 the total premium collected by the local insurers amounted to EUR 1.54 billion, of which EUR 0.24 billion (down 1.8% y-o-y) related to life insurance premium and EUR 1.29 billion (10.17% y-o-y growth) to non-life insurance premium.

STATISTICS: MONTENEGRO, 3Q 2025: motor insurance set the market trends

At the end of September 2025, the insurance market of Montenegro totaled EUR 112.9 million, 10% more y-o-y, while the value of paid claims by insurers totaled EUR 45.84 million, up by 7.5% y-o-y, according to the quarterly market data released by Insurance Supervision Agency.


Croatia Osiguranje accelerates digital transformation and expands healthcare services

Croatia Osiguranje, the country’s leading insurer and member of the Adris Group, reported strong growth in both its insurance and healthcare segments for 3Q2025. The group achieved consolidated insurance sales revenue of EUR 446.6 million, including regional operations — up 14% y-o-y. Croatia osiguranje's consolidated net profit amounted to EUR 57.9 million, which is an increase of 25% y-o-y.


Insurance Europe calls for a pause on IRRD to ensure proportionate regulation and EU competitiveness

Insurance Europe, the European insurance and reinsurance federation, is calling on the European Commission to ‘stop the clock’ on the implementation of the Insurance Recovery and Resolution Directive (IRRD). This call comes amid the EU’s renewed focus on boosting competitiveness and simplifying regulatory requirements for European businesses — one of the EU’s top strategic priorities.

LM Re strengthens international casualty with appointment of CUO

Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, announced that Andrew Aldwinckle is joining the business as International Casualty Chief Underwriting Officer (CUO), effective 1 February 2026. Based in London, Aldwinckle will oversee LM Re’s international casualty portfolio, reporting to Chantal Rodriguez, CUO, LM Re.

EIOPA board nominates Damian Jaworski for the role of Executive Director

The Board of Supervisors of the European Insurance and Occupational Pensions Authority (EIOPA) has decided to nominate Damian Jaworski for the role of Executive Director. Mr Jaworski is expected to take up the position on April 1, 2026, upon confirmation by the European Parliament.  


Aon announces a new AI-Powered supply chain risk solution to help clients navigate volatility and make better decisions across interconnected risks

Aon announced the launch of a new AI-powered supply chain risk consulting offering, which builds upon Aon’s existing supply chain diagnostics and leverages predictive analytics to identify emerging risks and support businesses in proactively managing complex and interconnected supply chain risks with greater clarity, speed and foresight.