Bulgarian insurance market reported 1Q 2025 GWP worth BGN 1.37 billion (EUR 698.65 million), up 21.58% y-o-y, according to the official quarterly figures published on Financial Supervisory Commission website. Life insurers' GWP increased by 10.8% to BGN 210 million, while non-life insurers' GWP rose by 23.67% to BGN 1.15 billion.

AM Best has assigned a Financial Strength Rating of B++ (Good) and a Long-Term Issuer Credit Rating of “bbb” (Good) to PASHA Insurance OJSC (PASHA Insurance) (Azerbaijan). The outlook assigned to these Credit Ratings (ratings) is stable.

AM Best has upgraded the Financial Strength Rating (FSR) to C++ (Marginal) from C+ (Marginal) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “b” (Marginal) from “b-” (Marginal) of Millî Reasürans Türk Anonim Şirketi (Milli Re) (Türkiye). Concurrently, AM Best has revised the outlook for the Long-Term ICR to Positive. The outlook for the FSR is stable.

AM Best has upgraded the Financial Strength Rating (FSR) to C++ (Marginal) from C+ (Marginal) and the Long-Term Issuer Credit Rating (Long-Term ICR) to “b” (Marginal) from “b-” (Marginal) of Millî Reasürans Türk Anonim Şirketi (Milli Re) (Türkiye). Concurrently, AM Best has revised the outlook for the Long-Term ICR to Positive. The outlook for the FSR is stable.

Aon plc, a leading global professional services firm, announced it has signed a multi-year agreement to become an Official Partner of Scuderia Ferrari HP – the most successful team, with an unbroken presence in Formula One.

The first Assembly of the Turkic World Insurance Union will be held on September 14 of this year in Shusha, Azerbaijan, with the strategic support of the Central Bank of Azerbaijan, the organization of the Azerbaijan Insurers Association and the participation of the Organization of Turkic States, Azeri APA news agency wrote.

According to the National Bureau of Statistics, the insurance sector of Moldova in the first half of 2025 grew by 2.57%, amounting to MDL 1,592.99 million (EUR 80.73 million). At the same time paid claims reached MDL 660.23 million (EUR 33.46 million), which is almost 24% more y-o-y.

In the first half of 2025, the insurance sector of Uzbekistan grew by 46.03% y-o-y and amounted to UZS 6.23 trillion (EUR 420.76 million), according to data published by the National Agency for Prospective Projects of the Republic of Uzbekistan.

The insurance sector of Albania in the first seven months of the year expanded by 8.98% to ALL 15.5 billion (EUR 159.4 million), according to the Albanian Financial Supervisory Authority (AFSA), SeeNews reports.

S&P Global Ratings has revised the outlook on Kazakhstan's sovereign credit rating from stable to positive, while maintaining it at BBB-. For the insurance and reinsurance industry of Kazakhstan, a stable rating makes it easier to attract capital and reduces the cost of borrowing for financial institutions, which means investment attractiveness, Allinsurance.kz writes.

In the first half of 2025, the PZU Group generated gross insurance revenue of PLN 15.2 billion across all markets (including over PLN 1.5 billion combined in Lithuania, Latvia, Estonia, and Ukraine) – an increase of 6.5%, the Group said in its 1H2025 report.

In 2024 the insurance sector in Turkiye recorded significant growth with total profits reaching TRY 31.8 billion (~EUR 0.87 billion), which means a 59.46% y-o-y increase, as KPMG, a global professional services firm, said in its 2025 "Insurance Sectoral Overview" report, Middle East Insurance Review writes.

In July 2025, MTIBU (Motor (Transport) Insurance Bureau of Ukraine) made regulatory payments from the Victims' Protection Fund in the amount of UAH 85.1 million (~EUR 1.8 million). The amount increased by 89.3% y-o-y, Forinsurer writes.

According to statistics from the Estonian Motor Insurance Fund (LKF), in the first half of this year, 15,800 motor insurance claims were registered in Estonia with a total loss of EUR 34.7 million, which is 9% less y-o-y.

On November 4th, the 2025 edition International Conference on Insurance Claims organized under the titles CLAIM THE FUTURE, will reunite in Sofia top notch speakers, to share their knowledge and opinions on how insurers may turn claims from a burden into a valuable competitive advantage.

Insurers of North Macedonia have written gross premiums worth EUR 79.7 million in the three months of 2025, which is 18.07% more y-o-y, maintaining the pace established in Q1 2024. Paid claims increased by ~10%, to EUR 25.8 million.

Albanian insurers wrote gross premiums worth EUR 130.80 million, 10.45% up y-o-y in 1H2025. The double-digit growth rate is partly owed to the about appreciation of the Albanian Lek. In local currency, the market growth was 8%.

Life insurance continued to hold just a small share in the market portfolio, of about 9%, although GWP for this segment rose by almost 15% (in euro).

UNIQA Insurance Group AG reported robust results for the first half of 2025, with premiums written up 9.7% to EUR 4.4 billion and earnings before taxes rising 6.5% to EUR 295.5 million.

Vienna Insurance Group (VIG) delivered another strong performance 1H 2025, with significant growth across all key metrics. Management now expects full-year profit before taxes to reach the upper end of the EUR 950 million to 1 billion range.

As of 1 September 2025, Dariusz Adamski will take up the position of Vice-Chairman of the Polish Financial Supervision Authority (KNF), Polish journal Gazeta Ubezpieczeniowa wrote. He will oversee the Capital Market Supervision Division.