News - Insurance
Allianz ranks #1 in the Evident AI Index for Insurance 2026, outperforming 30 of the world's leading insurers
Allianz has been ranked #1 in the Evident AI Index for Insurance 2026, outperforming 30 of the world's leading insurers. The ranking confirms Allianz's leadership in adopting and scaling artificial intelligence across the global insurance industry, Allianz said on its website.
Aon named to Fast Company’s 2026 World Changing Ideas List for developing an innovative catastrophe bond with the World Bank
Aon, a leading global professional services firm, has been named to Fast Company’s 2026 World Changing Ideas for developing an innovative catastrophe bond with the World Bank that enabled the Government of Jamaica to rapidly access recovery funding following landfall of Hurricane Melissa in October 2025, Aon said in its press release.
ARMENIA: MTPL loss ratio amounts to 73.1% in January-May
In the Armenian insurance market, the MTPL loss ratio, after declining throughout 2025 from 81.8% to 76.3%, began to increase in 2026. This trend continued until May, and then began to decline to 73.1% for January-May, according to data from the Armenian Bureau of Motor Insurers, ArmInfo reports.
AZERBAIJAN: Takaful could facilitate wider penetration of insurance services
Takaful (Islamic insurance) products could serve as a catalyst for deeper insurance adoption in Azerbaijan, according to the latest publication by the Islamic Development Bank Group, Trend reports.
BELARUS: BAS: In Motor Hull payout rates increase and average premium decline
1Q2026 results show that trends in Motor Hull continue: both payout rates and average payment are increasing for individuals and legal entities. At the same time, the average insurance premium is declining, according to the Insurance Bulletin of the Belarusian Association of Insurers (BAS).
BULGARIA: Third-party liability insurance prices return to the level of five years ago
The average price of motor third party liability insurance remains far behind the levels of overall price increases in the economy, the Association of Bulgarian Insurers (ABZ) wrote.
Generali is on top of Extel rankings, Philippe Donnet confirmed as Top CEO in the European insurance sector
Generali has once again claimed top spots in the 2026 edition of Extel rankings. Group CEO Philippe Donnet was confirmed "Top CEO" in the European insurance sector for the fifth year in a row of the annual survey by Extel (formerly Institutional Investor), the specialist magazine and independent research company in the field of international finance, Generali said on its website.
KAZAKHSTAN: The new development program and a law could become the largest insurance market reform in recent years
The Agency for Regulation and Development of the Financial Market, together with the National Bank, the professional community, and international consultants, is preparing an Insurance Market Development Program until 2030 and a draft of a new Law on Insurance.
MOLDOVA: Insurance Guarantee Fund to help protect road accident victims from insurance company bankruptcies
Drivers and victims of road accidents may be protected from consequences of insurance company bankruptcy after the National Bank of Moldova drafted a law establishing the Insurance Guarantee Fund, bani.md reports.
ROMANIA: GWP of Allianz-Țiriac rise 21.5% in 1Q2026
GWP of the Romanian insurer Allianz-Tiriac Asigurari, part of Germany's Allianz Group, increased by 21.5% on the year in the first three months of 2026, reaching nearly RON 1.1 billion (EUR 210.3 million), SeeNews writes.
TURKMENISTAN: Insurance sector undergoing gradual modernization
The low-cost insurance market in Turkmenistan is gradually transitioning to a digital format. Key players are already trying to offer online policy purchases through mobile apps, emphasizing speed, convenience, and pricing transparency, without overpaying for agent services, milli-info.com writes.
UKRAINE: 74% of all insurance assets are bank deposits and government securities
The structure of eligible assets of Ukrainian insurers, used to cover insurance reserves, in the first quarter of 2026 demonstrates a high concentration in the most liquid and regulatory-reliable instruments. According to Forinsurer estimation, the total volume of such assets reached UAH 84 billion (~EUR 1.67 billion).
EIOPA’s 2025 Annual Report is public
The European Insurance and Occupational Pensions Authority (EIOPA) has published its Annual Report for 2025. The report details the work of EIOPA and outlines its accomplishments in the past year.
EIOPA: Competitiveness should not come at the expense of financial stability
As Europe seeks solutions to strengthen its global competitiveness, proposals have emerged to give financial supervisors an explicit competitiveness mandate. However, according to a recent article published by the European Insurance and Occupational Pensions Authority (EIOPA), such a move would largely miss the root causes of Europe’s economic challenges.
ITALY: ANIA appoints Andrea Bertalot as Director General
The governance reform process launched by the Italian Insurance Association (ANIA) in 2025 has reached its final milestone with the appointment of Andrea BERTALOT as Director General, a newly established position introduced under the Association’s revised statutes, which entered into force in December 2025.
Aegon CEO Lard Friese appointed Chair of the global association for insurance companies
Aegon CEO, Lard Friese, was appointed Chair of the global association for insurance companies at its spring 2026 board meeting on June 3, the Geneva Association announced, Aegon said on its website.
Jan-Oliver Thofern to retire as CEO of Reinsurance and chairman of the country board for Aon in Germany
Jan-Oliver Thofern, CEO of Reinsurance and chairman of the country board for Aon in Germany, will retire from the firm effective January 1, 2027, Aon, a leading global professional services firm, has announced.
STATISTICS: POLAND 1Q2026: Insurance market remains on growth path, but motor segment faces profitability challenges
The insurance market grew by 7% in the first quarter of 2026. Poles purchased insurance worth PLN 23.9 billion (EUR 5.57 billion), out of which PLN 6.7 billion for life insurance (+13.3%) and PLN 17.2 billion for property insurance (+4.8%). The sector's financial result fell by PLN 80 million to PLN 2 billion (EUR 466.26 million).
STATISTICS: RUSSIA, 1Q2026: Insurance sector net profit decreases by almost a third driven by lower insurance results
From January to March 2026, the insurance market grew by 11.37% to RUB 941.55 billion (EUR 10.07 billion), according to data published by the Central Bank.
Adris Group continued its ambitious three-year investment cycle worth almost EUR 500 million
In the circumstances of geopolitical tensions, increasingly pronounced climate change, the accelerated use of AI, and strong inflationary pressures, Adris Group operated successfully. Revenue, operating profit and net profit grew. Over EUR 180 million were invested and an "ambitious three-year investment cycle" worth almost EUR 500 million continued, said the CEO of Adris Group, Marko Remenar.
22 June 2026