News - Insurance
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.
Sale of Aegon UK to Standard Life represents an important step in Aegon’s ambition to become a leading US life insurance and retirement group
Aegon is selling Aegon UK to Standard Life for GBP 2.0 billion and the transaction marks the completion of the strategic review of Aegon UK, further supporting Aegon in its ambition to become a leading US life insurance and retirement group, according to the company’s press release.
Swiss Re’s 2025 Financial Condition Report: capital position in 2025 remained strong
Swiss Re’s capital position in 2025 remained strong, with the Group SST 2026 ratio at 250%. Compared with SST 2025, the ratio decreased by 7 percentage points, mainly driven by projected capital repatriation and model updates, partially offset by positive underwriting and investment contributions, Swiss Re said in its 2025 Financial Condition Report.
UZBEKISTAN: Uzbekistan and Kazakhstan sign a memorandum of cooperation to promote their relationship in insurance
The Insurance Payments Guarantee Fund of Uzbekistan and the Insurance Payments Guarantee Fund of Kazakhstan signed a memorandum of cooperation aimed at strengthening reliability of national insurance systems and improving mechanisms for protecting policyholders' rights, uzdaily.uz reports.
Achmea approves dividend distribution of EUR 415 million and publishes its annual report for 2025
The General Meeting of Achmea adopted the financial statements for 2025. In addition, a dividend distribution of EUR 415 million to shareholders was approved, of which EUR 321 million (77%) is distributed as a stock dividend, the company said. Achmea also published its annual report for 2025.
PZU reappoints CEO Bogdan Benczak, names new Management Board
The Supervisory Board of PZU SA has reappointed Bogdan Benczak as President of the Management Board, following a qualification procedure completed on 14 April 2026.
FIAR 2026: Join the debate shaping the future of insurance markets
The 27th edition of FIAR – the International Insurance-Reinsurance Forum (24–26 May, Sinaia) invites industry professionals to one of its flagship highlights: the Insurance Market Trends Conference.
EIOPA opens consultation on flawed risk transfer in proportional reinsurance
The European Insurance and Occupational Pensions Authority (EIOPA) launched a consultation on the treatment of proportional reinsurance treaties with features that may jeopardize the balance (“commensurateness”) between the solvency capital requirement (SCR) relief triggered by the treaty and the effective transfer of risk they provide.
VIG reshuffles leadership across Group entities, expands Managing Board
The Supervisory Boards of Vienna Insurance Group, Wiener Städtische Versicherung and DONAU Versicherung approved a series of senior management changes on 14 April, effective 1 July 2026.
EIOPA and ESM propose mechanism for major NatCat fallout
The European Insurance and Occupational Pensions Authority (EIOPA) and the European Stability Mechanism (ESM) published a discussion paper on natural catastrophe risk management.
Cumulus Re cat bond renews 75% larger, makes cloud outage risk “insurable down the line”
Parametrix, the leading provider of cloud monitoring, modeling, and insurance services, announces the structuring, issue, and placement of Cumulus Re III. This third, larger cloud outage catastrophe bond attracted a greater number of investors than its predecessors to provide sponsor Hannover Re with $35 million worth of retrocessional protection for 2026-7.
STATISTICS: SLOVAKIA FY2025 (NBS): Second-half storms fuel significant growth in non-life claims
According to data from the National Bank of Slovakia (NBS), local insurers wrote GWP worth EUR 2.24 billion in 2025, 7.8% more y-o-y. Claims paid reached EUR 1.7 billion, about 41% up y-o-y.
VIG Re strengthens its management team with the appointment of Michael Klikovits as Head of Finance
VIG Re appointed Michael Klikovits as Head of Finance, effective April 2026. In his new role, Michael also becomes a member of the company’s Senior Leadership Team, contributing to the financial steering of VIG Re during its current three-year strategy cycle, VIGRe28 – Strengthen. Expand. Accelerate.
Petra Hielkema’s term of office of EIOPA Chairperson extended for another five years
The Council of the European Union has decided to extend the mandate of Petra Hielkema as Chairperson of the European Insurance and Occupational Pensions Authority (EIOPA) for a second five-year term, starting on 1 September 2026.
STATISTICS: ROMANIA, FY2025: solid growth and consolidation
Romania’s insurance market maintained solid growth momentum in 2025, supported by higher premium volumes and strengthening financial indicators, despite an economic environment still marked by inflationary pressures and uncertainty.
STATISTICS: Eurasia, 3Q2025: Paid claims growth significantly outpaces GWP growth
The regional insurance market in the Eurasian countries* rose by 21.17% in euros at the end of 2025, reaching EUR 51.43 billion, according to xprimm statistics.
STATISTICS: GEORGIA, FY2025: GWP rose double-digitally, while paid claims increased only slightly
At the end of 2025, Georgia's insurance market grew by 12.06% in local currency, reaching GEL 1,411.22 million (EUR 444.66 million), according to data published by the State Insurance Supervision Service of Georgia. It's worth noting that in euro, market growth was only 3.47%, due to the change in the lari/euro exchange rate compared to 2024.
Kevin Rampe named Senior Vice President, Chubb Group, Global Claims Officer
Kevin Rampe has been named Senior Vice President, Chubb Group, Global Claims Officer, responsible for global claims management. The appointment is effective immediately. Rampe will also retain his responsibilities as Head of North America Claims, Chubb announced.
CROATIA: Croatia osiguranje raises dividend by 7.2%
The Management Board and Supervisory Board of Croatia osiguranje have proposed to the General Assembly a dividend payment in the total amount of EUR 49 million. The proposed dividend is higher than the one paid for 2024, osiguranje.hr reported.
20 April 2026