News - Insurance
CYPRUS: Claims after the fires in mountainous Limassol have reached EUR 20 million
The devastating fires that have hit the mountainous Limassol region have caused huge damage to hundreds of homes and properties.
11 August 2025ESTONIA: 75% of Estonians trust insurance
Three out of four Estonians, or 75%, trust insurance. Of those who had a claim in the past three years, 85% were satisfied with the solution, while 14% were dissatisfied, a study conducted by Turu-uuringute AS on behalf of the Estonian Insurance Association (EKsL) says.
11 August 2025Generali Group reports excellent half-year results
Generali’s GWP rose to EUR 50.5 billion (+0.9%), mainly driven by growth in P&C, according to Generali Group’s consolidated results as at 30 June 2025.
11 August 2025KAZAKHSTAN: The share of life insurance in total assets exceeded 55%
The key indicators of life insurers in January-June 2025 recorded confident double-digit growth due to continued high demand for life insurance products, supported by legislation, wage growth (+10.7%), and institutional promotion of insurance products through digital services, according to a market review, published by the Association of Financiers of Kazakhstan.
11 August 2025KBC reports an excellent net profit in 2Q
Net interest income of KBC in 2Q2025 increased by 6% q-o-q and by 9% y-o-y. The net interest margin for the quarter under review amounted to 2.08%, up 2 basis points on the previous quarter and down 2 basis points year-on-year, according to the KBC Group’s report on second quarter results.
11 August 2025MetLife 2Q2025 results: Higher sales drove revenue growth in Asia, Latin America and EMEA
MetLife reported second quarter 2025 premiums, fees and other revenues of USD 12.7 billion, down
11 August 2025MONTENEGRO: Lovcen Osiguranje net profit, operating revenue and GWP rise in 1H2025
Consolidated net profit of the Montenegro's top insurer Lovcen Osiguranje, part of Slovenia's Triglav Group, reached EUR 2.97 million in the first half of 2025, up from EUR 2.35 million a year earlier, SeeNews writes.
11 August 2025Munich Re posts a record-breaking profit of EUR 2.1 billion in the second quarter
Munich Re generated a net result of EUR 2,085 million (vs EUR 1,601 million) in the second quarter of 2025 and EUR 3,178 million (vs EUR 3,715 million) in the first half of the year, the company said.
11 August 2025NN Group records strong results in 1H2025 and continues to deliver on its strategy
In 1H2025 operating capital generation (OCG) of NN Group increased 6% to EUR 1,020 million, reflecting continued strong business performance, mainly supported by 10% growth of Insurance Europe and 15% growth of Netherlands Non-life, the Group said in its press release.
11 August 2025TURKIYE: Motor insurance penetration rate remains at 25%
At the end of June 2025, total number of registered vehicles in Turkiye stood at 32.37 million, according to data from the Turkish Statistical Institute (TurkStat), Middle East Insurance Review writes.
11 August 2025UKRAINE: GWP of ARX and ARX Life rise by 37% in 1H
GWP of ARX and ARX Life for the first half of 2025 reached UAH 2.9 billion (~EUR 59.56 million), which is 37% more y-o-y, Forinsurer reports.
11 August 2025VIG Re officially certified as a Top Employer for 2025 in the Czech Republic
VIG Re, a European reinsurer with a growing presence in Asia, has been officially certified as a Top Employer for 2025 in the Czech Republic by the Top Employers Institute, the company’s press release says.
11 August 2025Zurich’s insurance revenue in 1H increased to a record USD 23.0 billion
Zurich Insurance Group business operating profit (BOP) for the six months ended June 30, 2025, was up 6% to a record USD 4.2 billion. Core ROE climbed to a best-ever 26.3%, and Core EPS was up 7%, the Group said in its press release.
11 August 2025UZBEKISTAN: O‘ZAGROSUG‘URTA recorded stable development from January to July
One of the leading insurance market participants in Uzbekistan, O‘ZAGROSUG‘URTA paid out UZS 27 billion (~EUR 1.88 million) for 1,438 insurance cases in the first seven months of this year, gazeta.uz writes.
11 August 2025CLAIM THE FUTURE: the International Conference on Insurance Claims to be held in Sofia, 4 November – early bird registration open!
In a rapidly changing insurance landscape, the way we manage claims is no longer just an operational issue - it's a strategic opportunity. On November 4th, join the 2025 edition International Conference on Insurance Claims, in Sofia and see how turning the claim from a burden into a valuable competitive advantage can be done.
7 August 2025STATISTICS: AZERBAIJAN, 1H2025: the share of life insurance increased to 58%
The insurance market of Azerbaijan in the first half of 2025 grew by 12.67%, to AZN 817.05 million (EUR 409.67 million), according to the data published by the National Bank.
5 August 2025STATISTICS: KAZAKHSTAN, 1H2025: the share of life insurance has grown to almost 37%
In 1H2025, the insurance sector of Kazakhstan grew by 20.16%, reaching KZT 906.61 billion (EUR 1.48 billion), according to the data published by the National Bank. It is noteworthy that in euro the market result was negative (-0.50%) due to a great difference in exchange rates compared to the first half of last year.
5 August 2025Adrienne O’Neill to join MetLife as Executive Vice President and Chief Accounting Officer
MetLife announced that Adrienne O’Neill will join the company as Executive Vice President and Chief Accounting Officer, effective September 2, 2025.
5 August 2025Aon had several appointments in July
Aon, a leading global professional services firm, announced two promotions with its Reinsurance executive leadership team to help insurer clients in the UK and APAC navigate volatility, optimise capital and drive profitable growth.
5 August 2025Glen Browne to lead AIG’s A&H portfolio across the International and North America businesses
American International Group (AIG) announced that Glen Browne has been appointed as Global Head of Accident & Health (A&H), effective September 3, 2025.
5 August 2025
