News - Insurance
NORTH MACEDONIA: ISA and CPC strengthen institutional cooperation
The Insurance Supervision Agency (ISA) of North Macedonia and the Commission for Protection of Competition (CPC) are deepening their cooperation to protect the rights of insured persons, ISA said on its website.
GREECE: EAEE: Explosive rise in cyber insurance from 2022 to 2025
A spectacular increase in the number of cyber insurance policies from 2022 to 2025 is found in the new study by the Association of Insurance Companies of Greece, based on data from eight insurance companies operating in the sector, insuranceworld.gr wrote.
GREECE: Shaping the Future of Insurance: the 19th Insurance Conference is coming in June
On June 25, the 19th Insurance Conference will be held, by ethosEVENTS in collaboration with the financial and business portal banks.com.gr, the insurance magazine Insurance World and the portal insuranceworld.gr.
STATISTICS: ALBANIA 1Q 2026: The market maintained its traditional portfolio structure, motor insurance dominated
Albanian insurers recorded GWP worth EUR 61.80 million in Q1 2026, up by 9.5% y-o-y. Paid claims increased by 15.5% y-o-y (EUR 22.36) million. However, one should note that due to the Albanian currency appreciation vs. the precedent year, the growth rates in European currency are higher than those calculated with the premiums and paid claims values denominated in Albanian Lek.
STATISTICS: MONTENEGRO Q1 2026: in an overall positive market trend, but claims increased faster than premiums
According to preliminary figures published by the Insurance Supervision Agency of Montenegro (ISA), the business of Montenegrin insurers increased by 6.18% y-o-y in the first quarter of 2026, reaching EUR 39.45 million.
FIAR 2026 to spotlight casualty risks and regulatory shifts shaping Europe’s insurance markets
The upcoming FIAR – The International Insurance-Reinsurance Forum (24–26 May, Sinaia, Romania) will bring into focus two critical dimensions defining today’s insurance landscape: the growing complexity of casualty risks and the accelerating pace of regulatory change across Europe.
EIOPA updates guidelines to facilitate information-sharing within supervisory colleges
EIOPA published revised Guidelines on the systematic exchange of information within Colleges of Supervisors. The updated Guidelines promote a proportionate and practical approach to the sharing of relevant information among supervisors.
EIOPA and JRC deepen cooperation on natural catastrophe risk research
The European Insurance and Occupational Pensions Authority (EIOPA) and the Joint Research Centre of the European Commission (JRC) announced on 20 April that they have signed a Memorandum of Understanding (MoU) to strengthen cooperation in advancing evidence-based research on natural catastrophe risks.
Jan Grzegorz Prądzyński steps down as President of the Polish Insurance Association after 18 years
Jan Grzegorz Prądzyński has resigned as President of the Management Board of the Polish Insurance Association (PIU), ending an 18-year tenure at the helm of the organization. His resignation, submitted on 17 April 2026 for personal reasons, will take effect on 7 May 2026.
Beáta Petrušová appointed Chairwoman of the Supervisory Board of Generali Romania
As of 1 April 2026, Beáta Petrušová has been appointed Chairwoman of the Supervisory Board of Generali Romania, having served as a member of the Board since 2024. The Supervisory Board now comprises Beáta Petrušová (Chairwoman), Tudor Moldovan (Member) and Violeta Ciurel (Member).
Achmea announces new appointments to its Supervisory Board and Executive Board
Achmea has appointed Hanno Mijer as a member of the Supervisory Board of Achmea. Wim de Weijer has stepped down as a Supervisory Board member and Vice-Chairman due to the expiration of his term of appointment. He had been a member of the Supervisory Board since 2016, the company announced.
TURKIYE: Ahmet Yasar elected new President of the Insurance Association
Members of the Insurance Association of Turkiye (TSB) elected Mr. Ahmet Yasar as the new President of the trade body at an ordinary general assembly held on 8 April, Middle East Insurance Review wrote.
ARMENIA: MTPL loss ratio rises again at end of the first quarter
In the Armenian insurance market, MTPL loss ratio, after declining throughout 2025 from 81.8% to 76.3%, has begun to rise since 2026, reaching 79.6% by the end of the first quarter (vs 79% in 1Q2025), according to data from the Armenian Bureau of Motor Insurers, ArmInfo reports.
AZERBAIJAN: Reinsurance premiums ceded decrease by 12% last year
In 2025, reinsurance premiums declined by 12% y-o-y, reaching AZN 135 million (~EUR 67.42 million),
BELARUS: Personal and property insurance top the list of insurance types
Currently, the insurance industry employs 12,500 people. Insurance reserves in 2025 totaled BYN 4.8 billion (~EUR 1.4 billion), while insurance assets reached approximately BYN 8 billion (~EUR 2.34 billion), according to Deputy Finance Minister Sergei Kachan, BELTA reports.
Bosnia and Herzegovina: Bosnia's Federation insurance market rises 6.9% in the first two month of the year
The insurance companies operating in Bosnia and Herzegovina’s Federation reported total GWP of BAM 199.7 million (EUR 102.1 million) in the first three months of 2026, up 6.9% on the year, according to the entity’s insurance supervision agency, SeeNews writes.
ESTONIA: Number of motor insurance cases in the first quarter up 25%
According to the Estonian Motor Insurance Fund (LKF), the number of motor insurance cases in the first quarter of 2026 has increased by 25% y-o-y.
GREECE: Ethniki Insurance records a strong increase in profitability in 2025
Ethniki Insurance, one of the leading companies in the Greek market, ended 2025 recording a strong increase in its profitability and confirming resilience of its business model. The company demonstrated strong performance in its core sectors of activity and improved its operational performance and competitiveness, insurancedaily.gr writes.
KAZAKHSTAN: Paid claims rise 33% in January-February
As of February 2026, Kazakhstan's insurance assets increased by 1.1% to KZT 4.0 trillion (~EUR 6.84 billion), primarily due to an increase in securities.
POLAND: The insurance industry to accelerate strategic investments in Poland
According to data from the Polish Chamber of Insurance (PIU), in 2025, insurers invested PLN 111.5 billion in bonds and other fixed-income securities, and over PLN 20 billion in shares, equities, and variable-rate securities, Gazeta Ubezpieczeniowa (Insurance Gazette) wrote.
28 April 2026