News - Insurance
PZU Group’s net profit rises 40.4% in 1Q2025
In 1Q2025, the PZU Group increased its gross insurance revenue by PLN 521 million - to over PLN 7.5 billion, which means an increase of 7.4% y-o-y, the Group said in its recent press release.
Sava Insurance Group in 1Q posts its highest-ever quarterly pre-tax profit
Sava Insurance Group in the first quarter of 2025 increased its business volume by 6.8% to EUR 328.7 million, with growth in all operating segments. The main drivers were higher gross written premiums in both the non-life (EU 5.7%, non-EU 15.8%) and life (EU 7.5%, non-EU 12.3%) segments.
SLOVENIA: Insurance Forum 2025 to address the impact of climate change on society and insurance
The 18th edition of the Insurance Forum conference will once again become a platform for meeting and exchanging opinions for those interested in the Slovenian insurance market, the Slovenian Insurance Association announced.
Talanx Group final 1Q2025 results: the Group has started 2025 with the strongest quarterly result in its history to date
The Talanx Group has announced its final 1Q2025 results, according to which the Group has started 2025 with the strongest quarterly result in its history to date. Despite high large loss payments it generated Group net income of EUR 604 (576) million and is well on track to achieve its target for the year of more than EUR 2.1 billion, the Group said in its recent press release.
The main driver for Swiss Re's 1Q results was continued disciplined underwriting supported by investment performance
Swiss Re reported a net income of USD 1.3 billion and an ROE of 22.4% for the first quarter of 2025, compared with a net income of USD 1.1 billion and an ROE of 20.7% for the same period in 2024.
The operating profit of Allianz reaches a record level of EUR 4.2 billion in 1Q
In 1Q2025, Allianz has delivered a very good performance underpinned by sustained momentum across its businesses. The operating profit has reached a record level of EUR 4.2 billion (1Q 2024: EUR 4.0 billion), an increase of 6.3%, supported by growth across all segments.
KBC Group records a net profit of EUR 546 million in 1Q2025
In 1Q2025, KBC Group’s net interest income slightly decreased by 1% q-o-q and went up by 4% y-o-y. The net interest margin for the quarter under review amounted to 2.05%, down 3 basis points compared to the previous and year-earlier quarters, respectively.
KBC to acquire a 98.45% stake in 365.bank, expanding its presence in Slovakia and CEE
On May 14, J&T Finance Group SE, based in the Czech Republic and the majority shareholder of 365.bank a.s. and KBC Bank NV reached an agreement for KBC to acquire a 98.45% stake in 365.bank (in cash), based on a total value for 365.bank of EUR 761 million.
UZBEKISTAN: Uzbekistan is adopting the Azerbaijani model in agroinsurance
Uzbekistan is adopting the Azerbaijani model of agroinsurance, as Botir Usmonaliev, a representative of the Ministry of Economy and Finance of Uzbekistan, said during a panel session on "Prospects for the Development of the Agricultural Insurance System: Azerbaijan's Experience, Challenges and International Practice" at the II International Forum of Agricultural Innovations in Baku, Trend reports.
STATISTICS: ALBANIA 1Q2025: Motor insurance dominance increases to over 67% of total GWP
Albanian insurers recorded GWP worth EUR 56.44 million in Q1 2025, up by 11% y-o-y. In the same period remained stable, almost unchanged y-o-y (EUR 19.37) million. However, one should note that due to the Albanian currency appreciation vs. the precedent year, the growth rates in European currency are significantly higher than those calculated with the premiums and paid claims values denominated in Albanian Lek.
Join the Georgian International Insurance Conference 2025 in Batumi, 12-13 June
The Georgian International Insurance Conference 2025, co-organized by the Insurance State Supervision Service of Georgia and XPRIMM, is set to take place on June 12–13, 2025.
One week till registrations close for FIAR 2025! Register now !
Time is running out! In just one week, registrations will close for the most anticipated regional event in the (re)insurance industry – FIAR – The International Insurance-Reinsurance Forum 2025. Returning to its historical venue, Sinaia, the Forum will welcome you with an exciting program!
Amanda Lyons appointed CEO of Aon Reinsurance Solutions Limited in Bermuda
Amanda Lyons had been appointed CEO of Aon Reinsurance Solutions Limited in Bermuda, effective July 1 and subject to regulatory and immigration approvals, according to a recent announcement of Aon, a leading global professional services firm.
Lloyd’s new CEO appointed
Patrick Tiernan has been appointed as Chief Executive Officer (CEO) by the Council of Lloyd’s, the world’s leading marketplace for insurance and reinsurance. Patrick will commence his tenure as Lloyd’s new CEO on 1 June 2025.
Marsh appoints Jim Dunn as US Construction Practice Leader
Marsh, the world’s leading insurance broker and risk advisor, and a business of Marsh McLennan, has appointed Jim Dunn as US Construction Practice Leader.
The contract of Carlo Clavarino, Aon’s Executive Chairman, International extended through 2029
Aon, a leading global professional services firm, has extended the contract of Carlo Clavarino, Executive Chairman, International, through 2029, the company said.
Typhaine Beaupérin appointed by Marsh as Client Leader, Risk Management, Europe
Marsh, the world’s leading insurance broker and risk advisor, and a business of Marsh McLennan, has appointed Typhaine Beaupérin as Client Leader, Risk Management, Europe, effective end June 2025.
AXA starts the year with strong performance, achieving robust revenue growth across all business lines
Total GWP of AXA and other revenues in 1Q2025 were up 7% to EUR 37.0 billion, driven by Property & Casualty (+7% to EUR 21.0 billion), according to the AXA’s press release.
Dividend amount recommended by the PZU Management Board for 2024 is the highest recommended payout level per share in 12 years
On May 6, 2025, the PZU SA Management Board submitted a motion to the Annual General Meeting of the company's shareholders regarding the distribution of net profit for 2024. According to the press release of PZU, the Management Board proposes to allocate PLN 4.47 per share for the payment of dividend this year.
Hannover Re to distribute EUR 1.1 billion to its shareholders as dividend for the 2024 financial year
The Annual General Meeting of Hannover Rück SE approved the proposal put forward by the Executive Board and Supervisory Board to pay a total dividend for the 2024 financial year of EUR 9.00 (previous year: EUR 7.20) per share, an increase of 25% compared to the previous year.
21 May 2025