News - Insurance
AZERBAIJAN: Life insurance rose by nearly 10% from January to April
From January to April of this year, life insurance in Azerbaijan totaled AZN 371.53 million (~EUR 187.64 million), which is 9.9% more y-o-y, Trend reports, citing the Central Bank of Azerbaijan.
CROATIA: Croatia osiguranje shareholders approve EUR 49.1 million in dividends
The shareholders of Croatia osiguranje approved the payment of almost EUR 49.1 million in dividends from profits generated in 2025, osiguranje.hr reported.
Fitch affirms Eurohold Bulgaria at 'B' and removes RWN
Fitch Ratings has affirmed Eurohold Bulgaria AD's (Eurohold) Long-Term Issuer Default Rating (IDR) at 'B’ and removed it from Rating Watch Negative (RWN). The Outlook is Stable.
GEORGIA: Insurance sector net profit up 19% in 1Q2026
In the first three months of this year, net profit in the insurance sector increased by 19.2%, from GEL 26 million to GEL 31 million (~EUR 10 million), Business Georgia reports.
GREECE: NatCat Summit: There’s an urgent need to redefine the country’s strategy against natural disasters
Insurance coverage for natural disaster risks remains below 25% in Europe. In Greece, it has been below 5% since 1980, mainly due to the underestimation of risk by citizens, but also the expectation that the state will always cover any damage, Petra Hielkema, President of the European Insurance and Occupational Pensions Authority (EIOPA), said at the NatCat Summit.
KAZAKHSTAN: Insurance market losses amounted to KZT 2.1 billion in April
Insurance sector assets increased by 5.8% from January to April of this year, to KZT 4.1 trillion (~EUR 7.59 billion), primarily driven by an increase in securities. As of May 1, 2026, securities accounted for the largest share of assets – 73.7% (KZT 3.0 trillion), kapital.kz writes, citing a report from the Agency for Regulation and Development of the Financial Market.
LATVIA: LAA: Over past three years accident insurance in Latvia rose 25%
The accident insurance market has been growing dynamically in all Baltic countries over the past three years. Compared to 2023, premiums or customer contributions has increased by 39% in Lithuania, 25% in Latvia, and 19% in Estonia, according to data compiled by the Latvian Insurers Association (LAA).
Marsh announces collaboration with Cambridge-based Kirontech to accelerate strategy to positively impact societal healthcare
Marsh, a global leader in risk, reinsurance and capital, people and investments, and management consulting, has announced a collaboration with Cambridge-based Kirontech, a claims risk intelligence company that uses AI-enabled technology to strengthen payment integrity and improve patient outcomes.
TURKIYE: Monopoli Sigorta to join Acrisure's international platform
Monopoli Sigorta Aracilik Hizmetleri (Monopoli Sigorta), one of Turkiye's most established insurance brokers, and Acrisure, a leading global insurance and financial services network, have announced a strategic partnership through which Monopoli Sigorta will join Acrisure's international platform, Middle East Insurance Review reports.
UKRAINE: Motor Hull and medical insurance among the largest and most dynamic market segments
Motor Hull in Ukraine remains one of the largest segments of the insurance market. In 1Q2026, insurers continued to expand Motor Hull, despite challenging vehicle operating conditions, rising repair costs, and a high frequency of losses. According to Insurance TOP, Motor Hull exceeded UAH 4 billion (EUR 83.39 million), Forinsurer reports.
UKRAINE: Positive result in life insurance comes from investment income, while the bulk of premiums in property insurance - from legal entities
According to the National Bank of Ukraine (NBU), in the first quarter of 2026, 10 life insurers increased their assets, insurance premiums, and significantly improved their financial results. At the same time, the revenue structure shows that investment activities remain the key source of profitability, while insurance activities remain less profitable, Forinsurer reports.
Bulgarian insurance supervisor withdraws the license of ZAD DallBogg: Life and Health AD
On 9 June, the Bulgaria's Financial Supervision decided to withdraw the license of ZAD DallBogg: Life and Health AD. The FSC and National Competent Authorities in whose markets ZAD DallBogg: Life and Health AD distributed its products have been cooperating closely to protect the interests of consumers across the EU single market, EIOPA announced.
Arch appoints Kendra Felisky as Chair of Key UK Insurance Boards
Arch Insurance International has appointed Kendra Felisky as Chair of the Boards of Arch Insurance (UK) Limited (AIUK) and Arch Managing Agency Limited (AMAL), succeeding Patrick Storey, who is retiring from the role.
POLAND: Motor claims costs rise by over 11% in Q1 2026
Polish insurers paid nearly PLN 5.7 billion (approximately EUR 1.33 billion) in claims under MTPL and Motor Hull (AC) policies during the first quarter of 2026, up 11.4% compared with the same period a year earlier, according to data released by the Polish Insurance Guarantee Fund (UFG).
AIIF 2026: One week left to register for the Azerbaijan International Insurance Forum
In just two weeks, insurance professionals, regulators, pension experts, reinsurers and brokers from 25 countries will gather in Baku for the Azerbaijan International Insurance Forum (AIIF) 2026, scheduled for 24-25 June at the Baku Marriott Hotel Boulevard.
Ukrainian insurers warn of broader economic impact of higher bank taxation
The Ukrainian insurance industry has voiced concerns over proposals to increase the corporate income tax on banks to 50%, warning that the measure could have negative consequences not only for the banking sector but for the country's entire financial ecosystem.
STATISTICS: NORTH MACEDONIA 1Q2026: after the spectacular growth in Q12025, fire insurance lost traction
Insurers of North Macedonia have written gross premiums worth EUR 76.24 million in the quarter of 2026, which is 4.4% less y-o-y, while paid claims increased by ~1%, to EUR 26.02 million.
STATISTICS: LITHUANIA 1Q2026: Index-linked and unit-linked life insurance led the market growth
During first quarter of 2026, the Lithuanian insurance market grew by 4.3% y-o-y to EUR 446.6 million, according to the market figures published by the Bank of Lithuania.
STATISTICS: HUNGARY 1Q2026: property insurance saw the highest y-o-y growth rate
The aggregate Q1 GWP reported by Hungarian insurers totaled HUF 571.94 billion (~EUR 1.48 billion), a volume that reflects a rather stagnant status of the market as compared with a year ago. However, due to slight appreciation of the Hungarian Forint against euro, in European currency, the market dynamic looks better, with an almost 5% growth y-o-y.
Descartes and Nextpower launch parametric wind coverage for solar projects
Global parametric insurance specialist Descartes Underwriting has partnered with Nextpower, a provider of solar and power technology solutions, to introduce what the companies describe as the solar industry's first integrated parametric insurance solution for straight-line wind (SLW) events.
17 June 2026