The insurance market in Moldova in 1H2022 rose by 34.62% to MDL 1.182 billion (EUR 58.77 million), according to data published by the National Financial Market Commission. Paid claims reached MDL 391.28 million (EUR 19.45 million), which is 27.57% up compared to the same period of 2021.

The insurance market of Montenegro totaled EUR 54.9 million at the end of H1 2022, up by 11.9% y-o-y (or by EUR 5.9 million), according to the half-year figures published by the local Insurance Supervision Agency (ISA).

Gross written premiums from non-life insurance represents 81.6% of total insurance market - about EUR 44.8 million, up by 12.4% y-o-y while, life business GWP was up by 9.2% y-o-y to EUR 10.1 million.

On the recommendation of the governor of the National Bank of Serbia, insurance companies decided to waive the new MTPL policies prices. Starting August 26, prices are returned to the pre-August level, eliminating the 22% increase.

Croatian LAQO, the digital brand of Croatia Osiguranje, is the first insurer in Croatia that has introduced cryptocurrency payments on its webshop. LAQO is also the first insurer in the country that uses telematics technology to promote responsible traffic behavior through the LaqoPrevent, digital platform.

Starting 1 October, Marcin Jaworski will be analyst and press spokesman with the Polish Chamber of Insurance (PIU), He will replace Marcin Tarczynski, who leaves PIU to take up another professional challenge in the financial industry.

Shareholders of the VUSO insurance company (one of the top-10 in Ukraine) completed acquisition of UASK ASKA (operating under ASKA brand) in order to create a major player in the insurance market with Ukrainian capital, Forinsurer reports.

Lietuvos draudimas ended the first half of 2022 with almost 29% share in the country's market portfolio. During the period, income of the company (together with the Estonian branch) reached EUR 158.8 million, which is 21.2% more y-o-y, draudimas.lt wrote.

According to the results of January-July 2022, paid claims of 13 out of 20 insurance companies in Azerbaijan increased compared to the same period last year, ABC.AZ wrote referring to the report of the Central Bank.

MetLife announced that Adora Whitaker will join the company as executive vice president and head of Corporate Development - Mergers & Acquisitions (M&A), effective Oct. 17, 2022.

Allianz Global Corporate & Specialty SE (AGCS), the corporate insurance carrier of Allianz Group reported H1 2022 GWP worth EUR 5.73 billion, up by EUR 572 million or by 11% y-o-y.

French re/insurance group AXA has reported revenue growth of 2% to EUR 55.14 billion in the first half of 2022, reflecting growth in P&C, health, asset management and a reduction in life & savings.

Bulgarian energy and financial group Eurohold reported record half-year results in 2022 due to the strong performance of the company's two main businesses - electricity and insurance, according to the company's consolidated interim financial statement.

Zurich Insurance Group announced the appointments of Stephen Moss as Group Head of Financial Lines and Cyber, and Andreas Schmitt as Group Cyber Underwriting Manager. Both appointments to the Group Underwriting function will be effective as of September 1, 2022.

Zurich Insurance Group reported the highest first-half business operating profit since 2008 and the second highest ever, with all regions and business lines contributing to the successful results.

Slovene re/insurance group Triglav announced its H1 2022 total revenue grew by 11% to EUR 861.2 million while the volume of gross written premium increased by 9% y-o-y to EUR 797.2 million.

Macedonian insurers posted January-June aggregate GWP worth MKD 6.5 billion (~EUR 105 million), 9.4% more y-o-y, according to the market figures published by the Insurance Supervision Agency of Macedonia.

Kosovo's active 12 insurers reported an aggregate net profit of EUR 2.5 million at the end of June 2022 vs. EUR 1.5 million a year before, according to data provided by the Central Bank (CBK). At the same time, the total insurers' assets increased to EUR 253.6 million, from EUR 230 million a year earlier.

Estonian insurers reported H1 GWP worth EUR 269.3 million, 11.5% more compared with January-June 2021, according to the market figures published by the Estonian National Statistics Board.

The GWP of Croatian insurers increased by 7.53% y-o-y in the first half of 2022, reaching HRK 6.88 billion (EUR 915 million), according to the data of the Croatian Insurance Bureau - CIB.

The insurance sector of Belarus ended the first half of the year with growth of 4.43% in local currency. GWP reached BYN 913.44 million (EUR 343.01 million), according to the data published by the Ministry of Finance of the Republic.