News - Insurance
UKRAINE: Arsenal Insurance expands its business by 60% in 2025
Arsenal Insurance celebrated its 20th anniversary in 2025 and entered the top-5 by GWP, collecting UAH 5.06 billion (~EUR 0.10 billion), which is 60% more y-o-y, Forinsurer reports.
Zurich delivers record earnings across all businesses in 2025
Zurich Insurance Group (Zurich) delivered record earnings across all businesses in 2025, underscoring the strength of the Group’s diversified portfolio and its disciplined approach to underwriting and operational excellence, which positions it well for sustainable and profitable organic growth, the Group said in its press release.
Acquisition of QBE's Global Trade Credit and Surety business to mark an important milestone for Swiss Re Corporate Solutions
Swiss Re Corporate Solutions, the commercial insurance arm of the Swiss Re Group, has agreed to acquire the Global Trade Credit and Surety business of QBE Insurance Group (QBE), subject to regulatory approvals, Swiss Re said on its website.
STATISTICS: ESTONIA FY2025: slightly negative trend driven by motor insurance lines
At the end of 2025, the insurance market of Estonia totaled EUR 680.81 million in terms of GWP, down by 0.6% y-o-y, according to the year-end market data published by the Estonian National Statistics Board.
STATISTICS: LITHUANIA FY2025: positive and calm evolution despite decreasing popularity of the saving products
In 2025, the Lithuanian insurance market grew by 9.08% y-o-y, to EUR 1.72 billion, while the value of payments expanded by 4.75% y-o-y to EUR 738.17 million, according to the market figures published by the Bank of Lithuania – Lietuvos Bankas.
Edib Galijatović elected President of the Association of Insurance Companies in the Federation of Bosnia and Herzegovina
The Association of Insurance Companies in the Federation of Bosnia and Herzegovina (UDO FBiH), the professional body representing the insurance industry in FBiH, has appointed Edib Galijatović as new President of its Management Board.
EIOPA updates supervisory and risk guidelines following Solvency II review
The European Insurance and Occupational Pensions Authority (EIOPA) has published revised Guidelines on the supervisory review process (SRP) and on the treatment of market and counterparty risk exposures under the Solvency II standard formula, aligning the framework with the recently concluded Solvency II review.
Generali launches Generali Core Tech – new Group software factory advancing its technological transformation
Generali launches Generali Core Tech, a new Group software factory, advancing its technological transformation in line with the “Lifetime Partner 27: Driving Excellence” strategic plan by building scalable, shared and innovative platforms that support business growth and help deliver consistently higher value to customers and partners.
ROMANIA: OMNIASIG VIG joins shareholder structure of PAID România, the country’s catastrophe insurance pool
OMNIASIG Vienna Insurance Group has officially entered the shareholder structure of PAID România, the company managing Romania’s mandatory home insurance scheme, after acquiring a 5.5% stake in its share capital.
Turkish insurers enter 2026 with cautious optimism, focus on technical discipline
The Turkish insurance sector is set to continue growing in real terms in 2026, despite persistent macroeconomic pressures, according to the Insurance Sector 2026 Outlook Survey conducted by the Insurance Association of Türkiye (TSB).
Willis launches Reputational Risk Quantification Model for celebrity endorsement risk
Willis, a WTW business, announced the launch of its Reputational Risk Quantification Model for celebrity endorsement. Powered by rich datasets from Polecat, the model quantifies the reputational risk associated with celebrity endorsers and brand ambassadors.
STATISTICS: AZERBAIJAN, FY2025: Life insurance records double-digit growth in paid claims
At the end of 2025, Azerbaijani insurance market amounted to AZN 1,504.71 million (EUR 751.53 million), which in local currency is 11.20% more y-o-y, according to data published by the Central Bank of Azerbaijan. At the same time, in euros the market performance was negative (-1.56%).
STATISTICS: KAZAKHSTAN, FY2025: Life insurance shows strong growth
Kazakhstan's insurance sector grew by 15.75% at the end of 2025, reaching KZT 1.94 trillion (EUR 3.28 billion), according to data published by the National Bank. The market performance in euro was also positive, but only 6.90%.
Achmea: Georgette Fijneman steps down as Division Chair of Zilveren Kruis in the summer
After eight and a half years as Division Chair of Zilveren Kruis, Georgette Fijneman has decided to explore options for taking her career in a new direction in the summer of 2026, Achmea said in its press release.
Aon: Joe Peiser appointed as CEO of Risk Capital
Joe Peiser has been appointed as CEO of Risk Capital, Aon, a leading global professional services firm, announced in its press release. In this role, Peiser will lead Aon's Risk Capital capabilities across Commercial Risk and Reinsurance Solutions.
Membership updates to the Council of Lloyd’s announced
Lloyd’s, the world’s leading insurance and reinsurance market, has announced membership updates to the Council of Lloyd’s, as the company said in its press release.
NN Group announces changes to composition of its Supervisory Board
NN Group’s Supervisory Board intends to reappoint Annemiek van Melick as member of the Executive Board of NN Group and to designate her again as Chief Financial Officer (CFO) and vice-chair of the Executive Board for a term of four years, the Group said on its website.
ARMENIA: Memorandum of cooperation signed between the Universal Health Insurance Fund and insurance companies
A Memorandum of cooperation between the Universal Health Insurance Fund and the insurance companies: Ingo Armenia, EFES, Liga Insurance, and Sil Insurance was signed on February 9, in Yerevan, ArmInfo reports, citing the Fund.
AZERBAIJAN: Azerbaijan to establish unified standards for all insurance companies
Azerbaijan is set to introduce unified standards for all insurance companies operating in the country, according to Seymur Mirzayev, Deputy Executive Director of the Compulsory Insurance Bureau (CIB), Trend reports.
ESTONIA: In 2025, 6 out of 10 insurance disputes were resolved through mediation
In 2025, 527 conciliation applications were submitted to the insurance settlement, which is the largest number in the entire period of operation of the conciliation body. In 2024, 505 applications were submitted, and in 2023, 440 applications, according to the Estonian Association of Insurance Companies (EKsL).
23 February 2026