News - Insurance
COB's 60th General Assembly reinforces cooperation and digital transformation of the Green Card System
The 60th General Assembly of the Council of Bureaux (COB) brought together representatives of the Green Card System in Venice, Italy, on 10–12 June 2026, reaffirming the organisation's commitment to strengthening international cooperation and advancing the digital transformation of cross-border motor insurance.
2 July 2026Compre strengthens senior team with MD hire
Compre Group Holdings Limited (“Compre”), the Bermuda-domiciled international specialty reinsurance group, announces the appointment of Graham Taylor as managing director of underwriting, effective immediately.
2 July 2026ROMANIA: Over 1,180 homes damaged by fires received insurance compensation in 2025
Fire remains one of the most costly risks affecting residential properties in Romania. According to data centralized by the member companies of UNSAR, a total of 1,181 home insurance claims related to fire damage were paid in 2025 under voluntary home insurance policies.
2 July 2026Willis launches CyMax Facility, a primary and excess facility aimed at SMEs and middle market companies in the EMEA region
Willis, a WTW business, announced the expansion of its CyMax Facility, a primary and excess cyber facility designed specifically for SMEs and middle market companies across EMEA, in partnership with Insurers AXA XL, Beazley, HDI Global and Markel.
2 July 2026ROMANIA: As storms hit harder, CASCO Insurance pays over RON 62 million in claims
The increasing frequency and intensity of severe weather events in recent years confirm that storms have become an ever-present risk for motorists. Hail, falling trees and wind-blown objects, as well as flash floods, can cause significant damage to vehicles, making CASCO insurance an essential source of financial protection.
2 July 2026Guy Carpenter unites its UK Property and Casualty and London Europe teams under one leadership structure
Guy Carpenter, a business of Marsh and a leading global risk and reinsurance specialist, is uniting its UK Property and Casualty and London Europe teams under one leadership structure, effective 1 January 2027, giving clients more seamless access to broking, claims, analytics, and advisory expertise across Europe, the company said.
29 June 2026Tracie Thompson appointed as Global Head of Portfolio Solutions, Marsh Risk
Tracie Thompson has been appointed as Global Head of Portfolio Solutions, Marsh Risk, effective immediately, Marsh, a global leader in risk, reinsurance and capital, people and investments, and management consulting, announced.
29 June 2026STATISTICS: STATISTICS: UZBEKISTAN, 1Q2026: GWP up nearly 53%, while paid claims up only 30%
The insurance market of Uzbekistan saw strong growth from January to March 2026: GWP rose by 52.71% year-on-year to UZS 4.01 trillion (EUR 286.19 million), according to data published by the National Agency for Prospective Projects of the Republic of Uzbekistan.
29 June 2026Achmea Pension & Life Insurance enters into agreement with Centraal Beheer APF to assume pension liabilities of Kring ES Nederland
Achmea Pension & Life Insurance has entered into an agreement with Centraal Beheer Algemeen Pensioenfonds for a collective value transfer in connection with the buy-out of the pension liabilities of the Kring ES Nederland and the associated assets.
29 June 2026ALBANIA: The market expands by almost 5% in January-May
Total GWP of Albanian insurers grew by 4.9% y-o-y to ALL 10.6 billion (EUR 112.3 million) in the first five months of 2026, according to the Albanian Financial Supervisory Authority (AFSA), SeeNews reports.
29 June 2026AZERBAIJAN: Azerbaijan has significant opportunities to increase insurance penetration
New reforms are being prepared in the Azerbaijani insurance market, as Executive Director of the Azerbaijan Insurers Association (AIA), Abas Miskarli said on the sidelines of the Azerbaijan International Insurance Forum (AIIF) 2026, held on 24-25 June in Baku.
29 June 2026BELARUS: Belarus and Russia exchange experiences and current practices in agroinsurance
During a roundtable on June 23 in Minsk, the parties discussed in detail methods for building insurance coverage for the two countries' agricultural complexes with state support and the specifics of settling losses from climate risks, according to the Belarusian Association of Insurers.
29 June 2026BULGARIA: Confidence in insurance grows, yet awareness remains a challenge
The use of voluntary insurance is growing significantly, trust in the insurance sector reaches 60%, according to data from a national representative survey "Attitudes and Awareness of Insurance", conducted by the sociological agency "Trend" in May 2026, the Association of Bulgarian Insurers (ABZ) wrote.
29 June 2026GREECE: Insurance market rises 10.5% in the first four months of 2026
The Greek insurance market recorded positive dynamics in the first four months of 2026, according to data from the Association of Insurance Companies of Greece. Total GWP amounted to EUR 2.1 billion, representing an increase of 10.5% y-o-y, insurancedaily.gr reports.
29 June 2026UKRAINE: TAS Group expands its business by 15% from January to May
TAS Group, the non-life leader in Ukraine, from January to May of this year collected UAH 3.15 billion (~EUR 61.45 million) in premiums, which is 15.3% more y-o-y, Forinsurer writes.
29 June 2026UZBEKISTAN: The insurance market expands more than 3.5 times in five years
Uzbekistan’s insurance market has expanded by more than 3.5 times over the past five years, Kamoliddin Abdurakhimov, CEO of the Association of Professional Participants in Uzbekistan’s Insurance Market said at the Azerbaijan International Insurance Forum (AIIF) 2026, held on 24-25 June in Baku.
29 June 2026Chubb: Chairman and CEO Evan Greenberg named to Barron’s list of Top CEOs for 2026
Evan Greenberg has been named to Barron’s list of Top CEOs for 2026, Chubb announced on its website.
29 June 2026Aegon announces changes to its leadership team and selects New York City as location for its future corporate headquarters
On June 17 Aegon announced changes to its leadership team to further strengthen the execution of its strategy and support the company’s planned move of its head office and legal seat to the United States.
22 June 2026CROATIA: Ante Žigman relieved of duty as President of Hanfa Board of Directors due to appointment as Governor of the Croatian National Bank
At the proposal of the Government of the Republic of Croatia, the Croatian Parliament has dismissed Dr. Ante Žigman from the position of President of the Board of Directors of the Croatian Financial Services Supervisory Agency (Hanfa), osiguranje.hr writes.
22 June 2026VIG Re appoints Wilfrid Goh as Chief Representative APAC for its upcoming Representative Office in Singapore
VIG Re has appointed Wilfrid Goh as Chief Representative APAC, for its proposed Representative Office in Singapore, effective 1 July 2026, subject to the approval of the Monetary Authority of Singapore (MAS), VIG said in its press release.
22 June 2026
