News - Insurance
MONTENEGRO: Insurance Supervision Agency: cooperation with German BaFin is an important step towards modernizing the regulatory framework
Within the framework of the project "Support to the Regulation of Financial Services in Montenegro", experts from the Financial Supervisory Authority of Germany (BaFin) carried out an expert mission aimed at further improving the insurance supervision system in Montenegro, the Insurance Supervision Agency said.
SERBIA: OMR Group’s acquisition of Swiss reinsurer is strategic for further European expansion
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.
UKRAINE: In January-April, MTPL grows by 16%, while sales of Green Card fall by 1%
In January-April 2026, insurance companies-members of the Motor Transport Insurance Bureau of Ukraine (MTIBU) increased MTPL GWP by 16% y-o-y, to UAH 7.39 billion or approximately EUR 164.3 million, Forinsurer reports.
UZBEKISTAN: Gross wins Brand Awards International Award, and brand value rises to USD 46.4 million
The Gross brand (one of the top three non-life insurers in the country) received a Brand Awards International award, and its market value increased to USD 46.4 million, which is more than 25% higher y-o-y, driven by the development of insurance services, digital solutions, and increased customer trust, according to gazeta.uz.
Vienna Insurance Group approves dividend increase of 12% and the outlook for 2026 is extremely positive
A dividend of EUR 1.73 per share proposed by the Vienna Insurance Group (VIG) Managing Board and Supervisory Board was approved during the Annual General Meeting, which represents a 12% increase on the previous year’s dividend, VIG said in a statement.
Vienna Insurance Group completes largest transaction in the company’s history
Having received all regulatory approvals, Vienna Insurance Group (VIG) completed the acquisition of NÜRNBERGER Beteiligungs-AG (Nürnberger), the Group said in its statement. Diversification through the German market is seen as a growth driver for the core CEE market.
Generali Group records strong growth in operating result supported by all segments in 1Q
Gross written premiums of Generali rose to EUR 28.2 billion (+6.8%) in 1Q, thanks to both Life and P&C. Life net inflows were strong at EUR 4.3 billion, driven by all business lines. The operating result grew to EUR 2,235 million (+8.1%), thanks to the positive performance of all segments, the Group said in its report.
Triglav Group’s total business volume rises 14% in 1Q2026
Triglav Group's total business volume in 1Q2026 increased by 14% year-on-year to EUR 633.4 million, primarily driven by strong premium growth in international markets.
STATISTICS: CESEE FY2025: Positive trend despite challenging conditions
Gross written premiums (GWP) in the Central and Eastern European (CEE) insurance industry reached EUR 59.28 billion in 2025, marking a 10.7% y-o-y increase. At the same time, claims paid rose by 9% y-o-y, amounting to EUR 30.67 billion.
Albanian FSA gathered international Insurance and Reinsurance experts in Tirana at the International Forum on Albanian Natural Catastrophe Risk & Insurance Solutions
The Financial Supervisory Authority organized in Tirana the International Forum “Albanian Natural Catastrophe Risk & Insurance Solutions”, in cooperation with AON Reinsurance and the Albanian Insurers Association.
STATISTICS: SLOVENIA 1Q2026: market grows by 12%, entirely driven by motor insurance
The Slovene insurance market grew by 12% in 1Q2026, consolidated GWP reaching EUR 927.36 million, according to data provided by the Slovenian Insurance Association. GWP for life insurance fell by 2.5%, to EUR 250.6 million, while non-life insurance also grew by 18.5%, to EUR 676.77 million.
STATISTICS: SERBIA FY2025: corporate and household assets is double-digit, but the share of households in premiums is still very low
Serbian insurers ended 2025 with total GWP worth EUR 1.63 billion, which is ~ 7.7% more y-o-y, according to statistical data published by the National Bank of Serbia (NBS). Paid claims increased at a lower pace, reaching EUR 776.23 million.
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%.
Liberty appoints Monique Kooijman as General Manager insurance for Netherlands, Belgium and the Nordics
Liberty Specialty Markets, part of Liberty Mutual Insurance Group, announces the appointment of Monique Kooijman as General Manager for Netherlands, Belgium and the Nordics, subject to regulatory approval. Kooijman will be based in the Netherlands and will report into Pierre-Edouard Fraigneau, President, Liberty Europe.
Aon expands Aon Claims Copilot globally to create a more connected, data-driven claims experience
Aon, a leading global professional services firm, has announced the global expansion of Aon Claims Copilot, advancing the firm's commitment to delivering better client outcomes through its integrated data and analytics capabilities.
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.
Bosnia and Herzegovina: Federal Ministry of Finance and Insurance Supervision Agency of the FBiH to join efforts to create a more stable, regulated and resilient insurance market
The Federal Ministry of Finance of Bosnia and Herzegovina and the Insurance Supervision Agency of the Federation of Bosnia and Herzegovina held a meeting to discuss preparation of the insurance sector of the FBiH for modern regulatory and supervisory standards, the Agency (ANO) said on its website.
ESTONIA: EKsL and LKF in 2025 ensured reliable functioning of the entire sector
The Estonian Insurance Association (EKsL) continued to operate in 2025 as the main representative and coordinating organization of the entire Estonian insurance sector, representing all insurers operating in the market, the Association said on its website.
28 May 2026