News - Insurance
SCOR records net income of EUR 226 million in the second quarter of 2025
SCOR recorded EUR 226 million net income (EUR 225 million adjusted) in 2Q2025, supported by all business activities, the company said in its report.
SERBIA: Consolidated net profit of Dunav Osiguranje rises to EUR 30 million in 2024
According to the Serbian insurer Dunav Osiguranje, its consolidated net profit rose to RSD 3.5 billion (EUR 30 million) in 2024 from RSD 2.5 billion in the prior year, SeeNews writes.
UKRAINE: MTIBU: Green Card sales in 1H2025 fell by more than 8%
In 1H2025, Ukrainian car owners concluded 654 thousand international Green Card insurance contracts, which is 8.74% less y-o-y, Forinsurer reports.
UKRAINE: GWP of the TAS Group in 1H2025 almost reached UAH 3.5 billion
The TAS Insurance Group, one of the market leaders, collected UAH 3,455.55 million (~EUR 70.97 million) in premiums in the first six months of the year, which is 67.9% more y-o-y, Forinsurer writes.
UZBEKISTAN: the maximum MTPL coverage amount will double starting January 1, 2026
Starting from January 1, 2026, the maximum MTPL coverage amount in Uzbekistan will double – from the current UZS 40 million (~EUR 2,800) to UZS 80 million (~EUR 5,550). Additionally, a Unified Insurance Billing System will be introduced on April 1, 2026, kun.uz writes.
WTW reports strong second quarter results
Revenue of WTW, a leading global advisory, broking and solutions company, was USD 2.26 billion for the second quarter of 2025, which was flat compared to USD 2.27 billion for the same period in the prior year due to the sale of TRANZACT, the company said in its report on second quarter 2025 earnings.
KBC remains well-capitalised under 2025 EU-wide EBA stress test
KBC remains well-capitalised under 2025 EU-wide EBA (European Banking Authority) stress test. Under the base scenario of the test, KBC's fully loaded Common Equity Tier-1 (CET1) ratio (Basel IV restated) of 14.56% at year-end 2024 increases by 2.66 percentage points to 17.22% at year-end 2027, KBC said in its press release.
Triglav Group will acquire up to 24.8% ownership in HPI GMA S.A. to strengthen its presence on the Polish market
Triglav will acquire up to 24.8% ownership in HPI GMA S.A., a fast-growing insurtech company with which it cooperates on the Polish motor insurance market, through an equity investment over the next 24 months, the company said.
Aon delivers another quarter of strong performance
Aon, a leading global professional services firm, delivered another quarter of strong performance, including 11% total revenue growth and 6% organic revenue growth, according to the results for the three months ended June 30, 2025.
LATVIA: LAA: Natural disasters are causing increasing damage to farmers
The impact of climate change is increasingly being felt in Latvia, causing significant losses to the agricultural sector. However, as data of the Latvian Insurers Association (LAA) shows, insurance coverage in this sector is volatile and usually increases after natural disasters, the LAA said.
Bosnia and Herzegovina: Ivan Luburić to continue working for the mandate period 2025-2029
Ivan Luburić will continue working for another four-year term as the director of the Insurance Supervision Agency of the Federation of Bosnia and Herzegovina, the Insurance Supervision Agency announced on its website.
David Carlson to join Aon as Global Industrial and Manufacturing Leader, effective July 1
Aon, a leading global professional services firm, said David Carlson will join the firm as its global industrial and manufacturing leader, effective July 1.
KNF approves the appointment of Andrzej Klesyk as CEO of PZU
On July 2, 2025, the Polish Financial Supervision Authority (KNF) unanimously approved the appointment of Andrzej Klesyk as CEO of PZU SA, the company said.
Marsh McLennan appoints Bruce Broussard to its Board of Directors, effective immediately
Marsh, the world’s leading insurance broker and risk advisor, and a business of Marsh McLennan, appointed Bruce Broussard as a director, effective immediately. According to the press release, the Company’s Board now consists of 12 directors.
Peter Thirring took over as new Chairman of the Vienna Insurance Group Supervisory Board
Peter Thirring took over the role of Chairman of the Vienna Insurance Group (VIG) Supervisory Board with effect from 1 July 2025, succeeding Rudolf Ertl, who continues to serve on the Supervisory Board as Deputy Chairman.
Vinzenz Benedikt is taking over as Head of Group Finance at UNIQA Insurance Group
Vinzenz Benedikt is taking over as Head of Group Finance at UNIQA Insurance Group AG, the Group said in its press release.
Fix it or fail: European insurers lay out four ways to make FIDA work
Unless the EU’s Financial Data Access (FIDA) proposal is simplified it risks becoming “overly costly, complex and counterproductive,” Insurance Europe has warned, urging policymakers to take its four recommendations on board to ensure the framework is focused, proportionate, and aligned with real market needs.
BELARUS: the market grew by 12% in January-May
In January-May 2025, the insurance market in Belarus amounted to BYN 1,188.72 million (~EUR 351.44 million), which is 12.1% more y-o-y, as reported by the Ministry of Finance of the Republic of Belarus.
Chariot Re, co-sponsored by MetLife and General Atlantic, to become a premier global provider of innovative reinsurance solutions
MetLife, General Atlantic, and Chariot Reinsurance (Chariot Re), an independent Bermuda-based Class E life and annuity reinsurance company, announced the completion of Chariot Re’s initial reinsurance transaction with a subsidiary of MetLife.
ERGO successfully completes the acquisition of NEXT Insurance
ERGO Group successfully completed the full acquisition of NEXT Insurance by Munich Re Group. Consequently, NEXT Insurance is now embedded within the management structure of ERGO, the major primary insurance business of Munich Re.
5 August 2025