News - Insurance
Shareholders of PZU Zdrowie increase their stake in the company
Shareholders of PZU Zdrowie, one of the largest nationwide healthcare providers, have decided to increase their stake by acquiring new shares in the company with a total value of PLN 380 million (~EUR 88.78 million), PZU said on its website.
TURKIYE: The insurance market continues to grow in a stable and sustainable manner
Total GWP is expected to double in Türkiye from USD 14.4 billion in 2021 to USD 30 billion by the end of 2025, as Secretary General of the Insurance Association of Türkiye (TSB) Ozgur Obali said at the "Turkic States InsurTech Summit 2025" held in Baku on October 28, Trend reports.
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.
TUW PZUW provides coverage for the battery and catalytic converter recycling plant, built as part of Poland's largest greenfield investment
ELEMENTAL STRATEGIC METALS Sp. z o.o. has entered into a comprehensive insurance agreement with a mutual insurance company from the PZU Group for a lithium-ion battery and catalytic converter recycling plant.
UKRAINE: GWP of the TAS Group from January to September set a record for the Ukrainian insurance market
Based on the results of the first nine months of 2025, TAS Insurance Group, a market leader, increased its sales by 64.5% y-o-y. As of October 1, the company's GWP reached approximately UAH 5.72 billion (~EUR 0.12 billion), an all-time high for the Ukrainian insurance market, Forinsurer 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.
Adris grupa achieves double-digit growth in revenue and net profit in 9M2025
In the first nine months of 2025, Adris Grupa achieved total consolidated revenue of EUR 937 million, which is 11% more y-o-y. Revenue from sales of goods and services amounted to EUR 891 million (+12%), the group said on its website.
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.
STATISTICS: SLOVENIA, 3Q2025: spectacular GWP growth for the MTPL insurance line
The Slovene insurance market grew by 22.7% in 3Q 2025, consolidated GWP reaching EUR 2.57 billion, according to data provided by the Slovenian Insurance Association. GWP for life insurance increased by 10.4%, to EUR 724.7 million, while non-life insurance also grew by 28.3%, to EUR 1.84 billion.
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.
EERIA 2025 Annual Research Conference: innovation, collaboration, and the future of insurance
by Dr. sci. Safet Kozarevic, Professor, Faculty of Economics, University of Tuzla
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 appoints new leaders to help accelerate its reinsurance growth across the EMEA region
Aon, a leading global professional services firm, has appointed Andrew Secker as EMEA chief client officer (CCO) for Reinsurance Solutions and Daniele De Bosini as EMEA chief broking officer (CBO) for Reinsurance Solutions.
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.
BULGARIA: Nikolay Stanchev: The insurance market to maintain a stable pace of development and growth in 2025
The insurance market in Bulgaria will maintain a stable pace of development and growth in 2025, with motor insurance remaining the main driver, and health insurance continuing to develop most dynamically, stated Nikolay Stanchev, Chairman of the Board of the Association of Bulgarian Insurers (ABZ).
Chubb reports a record core operating income of USD 3 billion
The net income of Chubb Limited for the quarter ended September 30, 2025 reached USD 2.80 billion, and core operating income amounted to USD 3.00 billion, the company said in its report.
4 November 2025