News - Insurance
TURKIYE: The country's biggest life insurer records a 67% rise in net profits in 2025
Life and pension insurer Turkiye Hayat Emeklilik reported net profits of TRY 15.5 billion for the financial year ended 31 December 2025, which represents a 67% increase y-o-y, Middle East Insurance Review reports.
UKRAINE: Property insurance mechanism against war risks with a limit of up to UAH 10 million has been launched
A property insurance mechanism against war risks, long awaited by businesses under conditions of martial law, has been launched in Ukraine, Forinsurer reports.
UZBEKISTAN: MTPL price nearly quadrupled in January
MTPL topped the list of the most expensive goods and services in January in Uzbekistan, according to data from the National Statistics Committee, Spot.uz reports, citing the Committee’s press release.
CZECHIA: New era for flood risk assessment: Intermap Technologies unveils advanced flood maps for insurers
A significant advancement in flood risk analytics is set to reshape how Czech insurance companies assess and price flood exposure. In response to the devastating floods of September 2024, a new generation of flood hazard maps and analytical tools will be available for the legal and insurance markets in 2026.
Insurance Europe’s safety updates: E-Scooter rules revised in Bulgaria, Italy and Finland
In 2025, national rules on road safety for e-scooters were updated in Bulgaria, Italy and Finland. The corresponding factsheets have now been revised and are available on Insurance Europe’s Road Safety webpage.
LATVIA: Insured car thefts continue sharp decline, insurers report
The number of insured car thefts in Latvia continues to fall sharply, confirming a long-term downward trend in vehicle crime, according to data recently published by the Latvian Insurers Association (LAA).
ROMANIA: Insurers paid nearly EUR 1.7 Billion in claims in the first nine months of 2025
Romanian insurance companies paid out around EUR 1.72 billion in gross claims during the first nine months of 2025, up 16% year on year, according to data published by the Financial Supervisory Authority (ASF). The figures underline the continued pressure on insurers’ balance sheets amid rising claims frequency and costs.
STATISTICS: ALBANIA FY2025: premiums increased at higher paces than the number of contract on the significant non-life lines
Albanian insurers ended 2025 with gross written premiums (GWP) worth ALL 27,090 million (EUR 279.94 million), or 10.54% more than in 2024. During 2025, the number of insurance contracts concluded reached 1,676,640 with an increase of 5.07% compared to the same period a year earlier, data provided by the market bodies show.
STATISTICS: BiH, 3Q2025: market growth mostly driven by the motor insurance segment
The insurance market of Bosnia and Herzegovina (BiH) ended Q3 2025 with aggregate GWP worth BAM 895.19 million (~EUR 457.70 million), up by 8.6% y-o-y, market data published by AZOBiH - Insurance Agency of Bosnia and Herzegovina.
STATISTICS: CESEE 3Q2025: An overall positive trend in GWP terms and slightly decreasing claims expenses
Insurance markets across Central and Eastern Europe continued to expand in 3Q2025, with GWP reaching EUR 43.68 billion, 9.4% up y-o-y. In the Southeaster Europe, GWP written by the Turkish, Cypriot end Greek markets all together reached EUR 22.98 billion, 14.6% up y-o-y.
STATISTICS: SLOVAKIA 3Q32025 (NBS): NBS results confirm the trends reflected by the SLASPO data
According to data from the National Bank of Slovakia (NBS), local insurers wrote GWP worth EUR 1.63 billion in 3Q2025, 7.8% more y-o-y. Claims paid reached EUR 885.7 million, about 1% up y-o-y.
EIOPA at 15: From crisis response to shaping Europe’s supervisory future
The European Insurance and Occupational Pensions Authority (EIOPA) marked its 15th anniversary in Frankfurt, reflecting on its evolution from a crisis-era institution into a central pillar of Europe’s insurance and pensions supervision.
German insurance industry grows strongly in 2025; Outlook for 2026 more cautious
The German insurance industry recorded solid growth in 2025, with total premium income rising by 6.6% to around EUR 254 billion, according to German Insurance Association (GDV). However, the sector expects a slower expansion of 4.7% in 2026, amid a weakening economic environment.
SCOR delivers targeted growth at January 2026 P&C renewals amid competitive market
SCOR reported a solid outcome from the P&C renewals of January 2026, delivering selective growth while maintaining strict underwriting discipline in an increasingly competitive pricing environment.
Andrei Romanescu appointed General Manager of SCOR Bucharest
SCOR, one of the world’s leading reinsurers, has announced the appointment of Andrei Romanescu as General Manager of SCOR Bucharest, a strategic transformation hub within SCOR’s international network.
Armenia: GRAWE Group and CQ Investment Group acquire LIGA Insurance Company
The GRAWE Group and the CQ Investment Group have jointly acquired 100% (75% and 25% respectively) of LIGA Insurance Company. The transaction marks a key step in their international growth, strengthening their presence in Armenia and the wider Caucasus region.
Generali Group CFO appointed Chairman of the European Insurance CFO Forum
Cristiano Borean, Generali Group Chief Financial Officer, has been appointed Chairman of the European Insurance CFO Forum, a high-level discussion group formed and attended by the Chief Financial Officers of the major insurance companies across Europe.
Liberty Specialty Markets appoints Ed Louth as head of aviation
Liberty Specialty Markets (Liberty), part of Liberty Mutual Insurance Group, is pleased to announce the appointment of Ed Louth as head of aviation, effective immediately. Based in London, Louth reports to Meghan Walker, divisional director, marine & aviation.
AZERBAIJAN: Voluntary property fire insurance drops last year
In 2025, voluntary property insurance against fire and other risks in Azerbaijan amounted to AZN 85.53 million (~EUR 42.76 million), which means a 3.8% decrease compared to 2024, ABC.AZ reports.
Bosnia and Herzegovina: ASA CENTRAL osiguranje: 2025 marked by leadership and establishment of two new companies
The leading position in the insurance market in 2025 was firmly held by ASA CENTRAL osiguranje with more than 147 million KM in premiums, which represents a growth of 15.4% y-o-y, the insurer said.
9 February 2026