News - Insurance


STATISTICS: SERBIA 1H2025: Top 3 insurers control almost 60% of the market

Serbian insurers ended 1H2025 with total GWP worth RSD 97.6 billion (EUR 833 million), which is almost 10% more y-o-y, according to statistical data published by the National Bank of Serbia (NBS). Paid claims increased at a similar pace, reaching RSD 42.17 billion (EUR 360 million). The market portfolio’s structure remained largely unchanged y-o-y, with life insurance accounting for 16.3% of the total GWP, while non-life holds the dominant role. Motor insurance lines generated almost half of the non-life GWP, while property insurance contributed close to 20%.

Austria faces record catastrophe losses amid growing climate risks

Austria was hit by exceptionally high catastrophe losses in 2024, underscoring the growing impact of climate change. On average, insured losses from natural disasters exceed one billion euros annually, yet last year set a new record: EUR 1.7 billion in insured damages, Austrian Insurance Association (VVO) said.

IVth International Insurance Summit: Technology and AI at the heart of industry debates

The 4th International Insurance Summit, organized by the Insurance Association of Türkiye (TSB) under the theme “Digital Futures: How Technology Changes the Insurance Sector”, will gather global and regional leaders in Istanbul on September 29–30, 2025, to discuss the profound impact of digital transformation on the insurance industry.














Two investment companies step in as new shareholders of PAID Romania

Romania’s mandatory household insurance pool, PAID, is entering a new phase of consolidation after the Financial Supervisory Authority (ASF) approved the entry of two investment companies — Infinity Capital Investments and Gravity Capital Investments — into its shareholder structure.