News - Insurance
GREECE: Unilink Group acquires Mega Brokers to create a leading force on the market
Unilink Group, part of the international fintech leader Acrisure and the largest insurance brokerage company in Central and Eastern Europe, announced the acquisition of Mega Brokers, the largest insurance brokerage company in Greece, with the aim of creating a leading force on the market, insurancedaily.gr reports.
Hannover Re generates a good half-year result strengthening balance sheet resilience
Despite high catastrophe losses in the first quarter, Hannover Re generated a good half-year result and additionally strengthened the resilience in its loss reserves, the company said in its press release.
Marsh and Oliver Wyman are transforming the freight broker auto liability insurance market with launch of BrokerSafe
Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan, has launched BrokerSafe, an exclusive insurance facility for US freight broker clients seeking access to more stable and affordable freight broker auto liability coverage, according to the company’s press release.
SLOVENIA: Kompare.hr is expanding its business to the Slovenian market
Kompare.hr, the leading Croatian platform for comparing and contracting insurance, telecom services and loans, is expanding its business to the Slovenian market. On the new domain kompare.si, users will be able to purchase vehicle insurance, and soon all other types of insurance – property, health and travel, osiguranje.hr writes.
TURKIYE: Dubai-based ETG Insurance & Risk Solutions enters the Turkish insurance market
Dubai-based ETG Insurance & Risk Solutions (EIRS), the rapidly growing insurance and reinsurance division of the global agri-commodity conglomerate ETG, has formed a strategic partnership with BrokerPlus, a Turkish insurance brokerage, Middle East Insurance Review writes.
UZBEKISTAN: A draft law on the insurance market development adopted in first reading
A draft law aimed at further development of the insurance market has been reviewed and adopted in the first reading in Uzbekistan, uzdaily.uz writes.
STATISTICS: ROMANIA, 1Q2025: foreign branches’ share in the MTPL business is increasing
The gross premiums written together by local insurers and foreign insurers’ branches operating on FOE totaled EUR 1.19 billion, 7.24% up y-o-y. Out of this total, GWP by the 14 branches operating in Romania under FOE accounted for about 12.5%.
STATISTICS: POLAND 1Q2025: claims paid for natural disasters and other damages to properties increased y-o-y by 47%
Gross premiums written by Polish insurers in Q1 2025 reached EUR 5.36 billion (PLN 22.43 billion), which is 5% more y-o-y, in European currency. Paid compensations and benefits reached EUR 3.21 billion (PLN 13.46 billion), 15.65% more y-o-y. According to the Polish Insurance Association (PIU), the number of insured Poles is steadily growing.
Swiss Re, 1h2025: net income of USD 2.6 billion and ROE of 23%
Swiss Re reported a profit of USD 1.3 billion in the second quarter of 2025, resulting in a net income of USD 2.6 billion and a return on equity (ROE) of 23.0% for 1H2025. According to the Group's statement, its financial performance was driven by healthy underwriting margins across all Business Units, supported by a solid investment result.
Playing smart in a risky world: the 10th AZN international conference to take place on 11 September, in Ljubljana
The Slovenian Insurance Supervision Agency (AZN) is organizing its 10th anniversary international conference on September 11th, under the titles “Playing smart in a risky world”. The event will be held in Ljubljana, at the Grand Hotel Union.
STATISTICS: CYPRUS 1Q2025: Non-life gross claims incurred down by almost 11%
The insurance market of Cyprus totaled EUR 346.5 million at the end of Q1 2025, up by 5% y-o-y, according to Insurance Association of Cyprus - IAC's data. Gross claims incurred increased by 7% y-o-y to EUR 153.27 million, of which EUR 89.8 million - life indemnities (+24.86% y-o-y), EUR 63.5 million - non-life (down by almost 11%).
Vienna Insurance Group is considering the acquisition of a controlling majority stake in NÜRNBERGER
Vienna Insurance Group (VIG) is considering the acquisition of a controlling majority stake in NÜRNBERGER Beteiligungs-AG (NÜRNBERGER). According to VIG, diversification potential in the special market Germany is to support long-term growth strategy in Central and Eastern Europe (CEE).
Unilink Group, the largest insurance distributor in CEE acquires Greek Mega Brokers
The largest insurance distributor in Central and Eastern Europe, Unilink Group, owned by leading global fintech Acrisure, announced it has acquired Mega Brokers, the largest retail insurance agent in Greece to create a market leading business together.
STATISTICS: ARMENIA, 1H2025: motor insurance generates 47% of all market premiums
Total GWP in the insurance sector of Armenia for the first half of the year amounted to AMD 41.47 billion (EUR 92 million), which is 7.23% more y-o-y, according to the data of the Financial Rating of Insurance Companies provided to ArmInfo.
Jo Ann Jenkins appointed to Aon’s Board of Directors
Jo Ann Jenkins has been appointed to Aon’s Board of Directors, effective August 15, 2025, Aon, a leading global professional services firm, announced.
Stephane Flaquet to join Lloyd’s as Chief Operating Officer
Stephane Flaquet has been appointed as Chief Operating Officer (COO) to join Lloyd’s on 1 September 2025 and will become a member of Lloyd’s Executive Team, reporting directly to Patrick Tiernan, as Lloyd’s, the world’s leading insurance and reinsurance market for global risk said.
AIG delivers an outstanding second quarter
In 2Q2025, net income attributable to AIG common shareholders was USD 1.1 billion, compared to a net loss of USD 4.0 billion in the prior year quarter. The y-o-y increase was primarily a result of a net loss of USD 6.67 per diluted common share from the deconsolidation of Corebridge Financial, Inc. (Corebridge) in June 2024.
Allianz in 6M2025 delivers a record operating profit
In 2Q2025, Allianz has delivered an excellent performance, characterized by strong growth and a record operating profit. Total business volume reached EUR 44.5 billion (2Q2024: EUR 42.6 billion), an internal growth of 8.0%. All segments contributed to this attractive growth, Allianz said in its press release.
Argentinian and Uruguayan subsidiaries of Talanx sold to BARBUSS
The Retail International division of the Talanx Group sells its Argentinian and Uruguayan entities to BARBUSS, a global holding company that provides a wide range of insurance, claims management and financing solutions, as Talanx said in its press release.
Bosnia and Herzegovina: The fourth Insurance Days of the Republic of Srpska to be held in October
The fourth conference, Insurance Days of the Republic of Srpska (DORS 2025), will be held on October 15 and 16, 2025 in Banja Luka. The event brings together leading experts in the field of insurance and related industries.
21 August 2025