SCOR recorded EUR 200 million net income (EUR 195 million adjusted) in 1Q2025, supported by all

The growth of assets of non-life insurance companies in Kazakhstan slowed down against the background of a decrease in investment income and a more accelerated growth of paid claims over premiums. In 1Q2025, non-life assets increased by only 2.8% vs 6.2% in the same period in 2024, Forbes writes.

In January-March 2025, against the backdrop of continued high demand for life insurance products supported by legislative norms, double-digit growth in household incomes (+10.6%) and a gradual increase in financial literacy, there was an increase in all key indicators of the sector, except for net profit, according to a report, published by the Association of Financiers of Kazakhstan.

The National Health Insurance Company (an autonomous state organization at the national level, carrying out non-profit activities in the field of compulsory health insurance) announced that over MDL 3.95 billion (~EUR 0.20 billion) of revenues were received by compulsory health insurance funds in the first 4 months of 2025, writes Sputnik Moldova.

North Macedonia's Makedonija Osiguruvanje, member of the Vienna Insurance Group and one of the largest insurers in the country, will propose to its shareholders to distribute MKD 90.1 million (~EUR 1.46 million) as dividend for 2024, SeeNews writes.

Eurostat data on the number of road accidents in Europe shows that Poland is in the top of the countries with the highest number of accidents. However, Rankomat experts point out, that based on the number of inhabitants Poland ranks 3rd with the lowest number of accidents per 100 thousand people, Gazeta Ubezpieczeniowa (Insurance Gazette) writes.

In the first quarter of 2025, the insurance market of Armenia grew by 8.62%, amounting to AMD 20.92 billion (EUR 49.39 million), according to the data of the Financial Rating of Insurance Companies provided to ArmInfo.

TAS Insurance Group, one of the leaders of the Ukrainian insurance market, collected UAH 1,468.51 million (~EUR 33.02 million) in January-March 2025, which is 52.8% more y-o-y, Forinsurer writes.

In the first quarter of 2025, more than 1.5 million MTPL contracts were concluded in Ukraine, which is 8.83% less y-o-y. GWP in the segment exceeded UAH 4.5 billion (~EUR 0.10 billion), which means an increase of 114.81%. The average premium increased by 135.61%, Forinsurer reports.

Zurich's P&C business saw robust growth with a 5% rise in gross written premiums, against a strong prior year comparison, underscoring the company's sustainable and consistent performance.

Voluntary insurance of land vehicles (Motor Hull) generates 19% of insurance premiums in Belarus, said the executive director of the Belarusian Association of Insurers Evgeniya Shanina. According to her, this is one of the most popular and in-demand types of voluntary insurance, BELTA writes.

In a formal letter to the European Financial Reporting Advisory Group (EFRAG), Insurance Europe, the federation representing European insurers and reinsurers, has reiterated its strong support for EFRAG’s central role in shaping the EU’s sustainability reporting framework under the Corporate Sustainability Reporting Directive (CSRD).

The 15th edition of Insurance Europe’s International Conference will take place on 5 June, in Brussels, under the titles of: "Insurance Matters: Investing and protecting in a change world’’.

The insurance market of Serbia ended 2024 with aggregate GWP worth EUR 1.51 billion, up by 14.41% y-o-y), of which non-life insurance amounted to EUR 1.23 billion (+16.08%), while the life insurance segment totaled EUR 280 million, up by 7.56% y-o-y.

Arch Insurance International (Arch) today announced the promotion of Sophie Mansouri to UK Professional Indemnity (PI) Underwriting Manager, effective immediately. This promotion follows the integration of Arch’s London Market Small and Medium-sized Enterprise (SME) and UK Regional PI operations into a single, unified team.

The German Insurance Association (GDV) has presented a position paper on the planned revision of EU sustainability reporting, the association announced. By sharing their practical experience, insurers aim at making reporting more targeted, simpler and at the same time more effective.

Optio Group, a leading independent specialty MGA platform, announced it has acquired UK-based MGA Custodian Management Ltd. for an undisclosed sum, subject to regulatory approval. 

According to a newly released SCOR’s 2024 Activity Report, 2024 was again marked by significant challenges, including the impacts of climate change, geopolitical tensions, and a diverse range of evolving risks.

The Zurich’s Swiss Solvency Test (SST) ratio was 253% as per December 31, 2024, compared to 234% in the previous year, according to the Group’s Financial Condition Report 2024 that reaffirms the strong financial position and robust balance sheet of the Group.

WTW, a leading global advisory, broking and solutions company, is having a change in the ownership of its longstanding joint venture, United Arab Emirates (UAE) based Al-Futtaim Willis (AFW).