News - Insurance
Hannover Re: E+S Rückversicherung anticipates continued growth overall in a stable market environment in Germany for 2026
E+S Rückversicherung AG, the Hannover Re subsidiary responsible for the Group's German business, is looking ahead with optimism to the coming 2026 financial year. Despite emerging signs of a softening market environment in property and casualty reinsurance, the company anticipates continued growth overall in a stable market environment for its upcoming 1 January renewals.
KYRGYZSTAN: Eldik Bank and Kyrgyzstan Insurance company sign cooperation agreement in Islamic insurance
Eldik Bank and Kyrgyzstan insurance company, a top-five insurance market leader, signed a cooperation agreement in Islamic insurance.
Marsh McLennan and Bloomberg Media announce a strategic knowledge partnership to help communities and businesses thrive amid shocks and disruptions
Marsh McLennan and Bloomberg Media announced a strategic knowledge partnership powering select Bloomberg Media event properties, including Bloomberg New Economy Forum, Bloomberg New Economy Coalitions, Qatar Economic Forum, Bloomberg House at Davos and Bloomberg Invest New York.
MOLDOVA: The cost of the Green Card policy to rise from November 25
The National Bank of Moldova (BNM) has approved new basic insurance tariffs and adjustment factors for both domestic and foreign compulsory motor third-party liability insurance (CMTPL and Green Card), omnis reports, citing an official bank document.
POLAND: Insurance representatives awarded for their commitment to promoting mediation
Nearly two-thirds of the winners of the "Mediation-Friendly Financial Institution" competition represented the insurance market, Gazeta Ubezpieczeniowa (Insurance Gazette) writes.
PZU Group establishes strategic cooperation with Google Cloud and OChK to strengthen its position as an innovative leader
The PZU Group is establishing a broad partnership with Google Cloud and OChK, aimed at implementing solutions based on the Google Cloud public cloud. This partnership represents a significant step towards further digitization of the PZU Group's services, strengthening its position as an innovative leader in the financial and insurance industries.
The acquisition of Business Lease in the Czech Republic and Slovakia to strengthen KBC Group’s position in Central Europe
Business Lease Group BV, part of AutoBinck Group NV and ČSOB Leasing Czech Republic and ČSOB Leasing Slovakia, both respective part of KBC Group's Czech and Slovak divisions announced the signing of a binding agreement for the acquisition of all shares (100%) of Business Lease s.r.o. (“Business Lease Czech Republic”) and Business Lease Slovakia s.r.o. (“Business Lease Slovakia”).
TURKIYE: 72% of young people see insurance as tool that can make their lives easier
Over 7 in 10 (72%) of young people in Turkiye see insurance as a tool that can make their lives easier. And those who prefer to purchase insurance through digital platforms constitute the overwhelming majority, at 78%, Middle East Insurance Review reports.
TURKIYE: The insured damage from a potential Marmara earthquake could reach USD 21 billion
The financial impact of a potential Marmara earthquake would reach USD 21 billion at the current exchange rate, borne by the insurance sector alone, excluding the Turkish Catastrophe Insurance Pool (TCIP), according to the first earthquake stress test in Turkiye, Middle East Insurance Review writes.
UKRAINE: Regulatory payments from the MTIBU Victim Protection Fund increase 2.5-fold from July to September
The MTIBU (Motor Transport Insurance Bureau of Ukraine) made 4,487 regulatory payments from the Victim Protection Fund totaling UAH 242.7 million (~EUR 5.05 million) from July to September 2025, representing a 162% increase in number and a 155% increase in total amount y-o-y, according to the MTIBU report, Forinsurer reports.
UKRAINE: From January to September, MTPL GWP rise by 123% and paid claims – by 31% y-o-y
Total GWP on the domestic MTPL market for the first nine months of 2025 reached UAH 16.85 billion (~EUR 0.35 billion), which indicates an increase of 122.8% y-o-y. Meanwhile, the number of concluded contracts decreased by 5.7% to 5.4 million units, Фориншурер writes, citing a report from the Motor Transport Insurance Bureau of Ukraine (MTIBU).
UZBEKISTAN: A meeting of insurance and reinsurance leaders in Asia will be held in Tashkent on November 20
INSUR Asia, a meeting of insurance and reinsurance leaders in Asia, will be held as part of the FINNEXT Asia International Forum of Financial Innovations in Tashkent on November 20, 2025.
WTW launches Captive Fit to address challenges faced by captive insurance companies
WTW launches Captive Fit, an analytical and strategic service designed to help companies optimize their captive insurance arrangements, at a time where the captive insurance market is experiencing significant growth, the company said in its press release.
CLAIM THE FUTURE Conference – Sofia, 4 November | Agenda Now Live!
The 2025 edition of the International Conference on Insurance Claims – CLAIM THE FUTURE will take place on 4 November in Sofia, bringing together an exceptional lineup of industry leaders and innovators. The conference will explore how insurers can transform claims from a cost burden into a strategic advantage — a true driver of customer trust, brand value, and operational excellence.
S&Ps raises its outlook for Vienna Insurance Group
The rating agency Standard & Poor's (S&P) has raised the outlook for Vienna Insurance Group (VIG) from A+ with a stable outlook to A+ with a positive outlook.
Seven in ten Romanians say protecting their health and family is a top priority — but few actually have insurance
According to a new Allianz-Țiriac study, seven out of ten Romanians (70%) list protecting their own health and that of their family as a key priority for the year ahead. Yet, only a small fraction currently holds any form of health insurance.
Aon: Byron Beebe appointed as CEO for Human Capital
Byron Beebe has been appointed as CEO of Human Capital to lead Aon’s integrated Health, Wealth and Talent solutions, effective immediately, Aon announced.
Brian Church has been appointed Division President, Property and Casualty, for Chubb Overseas General Insurance
Brian Church has been appointed Division President, Property and Casualty, for Chubb Overseas General Insurance (COG), the company's international general insurance operations, effective immediately, as Chubb announced.
ARMENIA: MTPL loss ratio at end September was 75.2%
The MTPL loss ratio in the Armenian insurance market has been declining since 2025, reaching 75.2% for the first nine months of the year (vs 79.4% a year earlier), according to data from the Armenian Bureau of Motor Insurers, ArmInfo reports.
AXA announces changes within its leadership team effective December 1st
AXA has announced the following changes within its leadership team, effective December 1st, 2025, in order to prepare its next strategic cycle:
27 October 2025