News - Insurance



TURKIYE: TSB: the goal is to increase premium production and raise insurance penetration rate by 2030

The Insurance Association of Turkiye (TSB) has released a comprehensive position paper titled "State of the Insurance and Pension Sector Report", outlining the sector's strategic contributions to the Turkish economy and vision for sustainable growth and offering policy recommendations for a more inclusive, accessible, and sustainable insurance ecosystem, Middle East Insurance Review reported.











Romania launches National Road Safety Pact to reduce traffic victims

Romania has taken a new step toward addressing one of its most persistent public safety challenges, as representatives of public institutions, businesses and NGOs signed a National Road Safety Pact aimed at reducing traffic casualties and improving road safety policies. The initiative was launched during the event "The Same Street. The Same Responsibility" held at the Romanian Parliament.

SAVA Re, 1Q2026: EUR 39.2m in pre-tax profit despite higher catastrophe claims

Sava Insurance Group reported a solid start to 2026, posting EUR 39.2 million in pre-tax profit for the first quarter, supported by robust growth across its insurance and reinsurance operations. Business volume increased by 8.7% y-o-y to EUR 357.2 million, while the Group maintained a strong solvency position and a return on equity (ROE) of 15.7%.



ARMENIA: Yerevan to host InsureTek Armenia 2026 international forum

The first-ever InsureTek Armenia 2026 international forum will be held in Yerevan on June 4, initiated and organized by the Armenian Motor Insurers' Bureau. The forum aims to position Armenia as a regional hub for professional dialogue and innovative collaboration in the insurance sector, ArmInfo reports, citing a statement from the Bureau.