News - Insurance
BELARUS: In January-October, both GWP and paid claims saw a rise
From January to October 2025, GWP on the Belarusian insurance market amounted to BYN 2,351.7 million (~EUR 680 million), which is 8.6% more y-o-y, according to the Ministry of Finance of the Republic of Belarus.
Eurohold Bulgaria increases its revenues and profitability in 9M2025
One of the leading energy and financial groups in Southeast Europe - Eurohold Bulgaria AD, increased its revenues for the first nine months of 2025 by 12.2% to BGN 2.31 billion (EUR 1.18 billion) as well as its net financial result nearly three times to BGN 94.6 million (EUR 48.37 million).
KAZAKHSTAN: Voluntary personal insurance supported market growth from January to October
The insurance market of Kazakhstan from January to October 2025 amounted to KZT 1.3 trillion (~EUR 2.13 billion), which is 11.2% more y-o-y, Allinsurance.kz writes, citing a report from the Association of Financiers of Kazakhstan.
KOSOVO: Total assets of the insurance sector rise 6% as at end-October
Total GWP of insurance companies operating in Kosovo increased to EUR 148.7 million in the first ten months of 2025, from EUR 140.4 million in the same period of last year, SeeNews writes citing the central bank data.
MOLDOVA: VIG consolidates control over Moldasig and acquires new stake
Vienna Insurance Group (VIG) has acquired a 5% stake in the state-owned enterprise Calea Ferată din Moldova, in Moldasig SA. The total transaction value is MDL 10.8 million (~EUR 0.54 million), bizlaw.md reports.
NORTH MACEDONIA: 10 insurers fined for coordinating premium increases
North Macedonia's Commission for Protection of Competition (CPC) announced that it has fined ten local insurance companies a total of MKD 17.27 million for coordinating increases in car insurance premiums, SeeNews writes.
POLAND: Warta: Polish farmers rarely opt for comprehensive property protection
One in ten farmers surveyed in the SW Research study, commissioned by Warta, admitted to having no insurance. Only one in five uses additional, unsubsidized policies. Respondents said that despite the growing number of financial challenges, including those related to weather, they still rarely opt for comprehensive property protection, Gazeta Ubezpieczeniowa (Insurance Gazette) writes.
Swiss Re increases its net income target for 2026 to USD 4.5 billion
Swiss Re announced its targets for 2026, including a Group net income of USD 4.5 billion, supported by an updated strategy. The Group aims to complement the ordinary dividend with a sustainable annual share buyback programme, starting in 2026 at USD 500 million, the Group said in its press release.
TURKIYE: Car insurance prices are at their lowest in a decade
Motor insurers are introducing a range of new car insurance products while also cutting premiums. Car insurance campaigns are expected to boost both the number of policyholders and premium revenue, as 2025 draws to a close, Middle East Insurance Review reports.
UKRAINE: A state program for insuring property against war risks to launch in January
A state property insurance program for war risks will be launched in Ukraine in January 2026. It will cover businesses in frontline regions and throughout the country, Forinsurer reports, citing a statement from the Ministry of economy, environment, and agriculture of Ukraine.
UZBEKISTAN: The share of reinsurance on the market in January-October 2025 reached 14.2%
The insurance market in Uzbekistan in January-October 2025 amounted to UZS 10 trillion (~EUR 0.72 billion), the National Statistics Committee reports.
STATISTICS: SLOVAKIA, 3Q2025: GWP by SLASPO members increased by almost 7.4% y-o-y
GWP by the Slovak insurers amounted, according to data provided by the SLASPO - Slovak Insurance Association, to EUR 2.4 billion in the first three quarters of 2025, which is by 7.4% more y-o-y.
With GWP of EUR 867.34 million (up by 3.96% y-o-y), life insurance accounts for close to 36% of the total GWP amount, a portfolio share that decreased y-o-y by over 1 percentage point. Growth on the non-life side was 9.42% y-o-y, to GWP of EUR 1.53 billion. The highest contribution to the market growth came from the motor and property insurance lines.
Access xprimm.com and download the Slovak insurance market statistics released by SLASPO and SNB.
With GWP of EUR 867.34 million (up by 3.96% y-o-y), life insurance accounts for close to 36% of the total GWP amount, a portfolio share that decreased y-o-y by over 1 percentage point. Growth on the non-life side was 9.42% y-o-y, to GWP of EUR 1.53 billion. The highest contribution to the market growth came from the motor and property insurance lines.
Access xprimm.com and download the Slovak insurance market statistics released by SLASPO and SNB.
Romania, UNSAR: Compensation for damaged property surges by over 60%
Insurance companies in Romania paid out RON 300 million (EUR 59 million) in 1H 2025 for claims related to fires and natural disasters affecting businesses and households - an increase of roughly 63% compared with the same period in 2024, the insurers’ association said in a press release.
STATISTICS: KOSOVO 3Q2025: improving profitability and premiums production
The insurance market of Kosovo totaled EUR 128.2 million at the end of Q3 2025, 6.27% more y-o-y, according to data provided by the Central Bank (CBK). The Bank ceased providing results for the life insurance business, which means this figure is related exclusively to the non-life business.
STATISTICS: ALBANIA, 3Q2025: Business remained on the previously established positive trend
In the first three quarters of 2025, gross written premiums (GWP) in Albania's insurance market reached ALL 20.18 billion, marking a 10.37% increase y-o-y. In European currency, due to the appreciation of the Albanian Lek against Euro, the market growth was of 12.6%, to EUR 208.46 million.
CPCU Society launches first new chapters in two decades, expanding footprint to Romania and West Africa
The Institutes CPCU Society has announced the creation of two new international chapters - the Romania CPCU Society Chapter and the West Africa CPCU Society Chapter. These are the first new CPCU Society chapters established in 20 years, marking a significant milestone in the organization’s global growth strategy.
GrECo Group expands its marine insurance footprint with new specialty branch in Poreč, Croatia
GrECo Group, the leading independent risk advisor and insurance broker in Central and Southeastern Europe, has announced the opening of a new GrECo Specialty branch dedicated to marine insurance in Poreč, Croatia.
Swiss Re appoints Nicole Pieterse as Chief People Officer
Swiss Re announced that Nicole Pieterse, currently Swiss Re's Head Human Resources for Property & Casualty Reinsurance (P&C Re), will become Chief People Officer effective 1 January 2026. She will be taking over from Cathy Desquesses, who will step down for personal reasons.
VIG’s new 3 years strategy sets ambitious targets for next three years; Growth, higher profit and increasing dividends are the focus points
Vienna Insurance Group (VIG) shared its plans for the next three years under the strategic Group program, evolve28.Five quantitative targets were set to guide the next three years, focusing on strengthening the Group’s market leadership in Central and Eastern Europe, boosting premiums and profit, and advancing the local strategies of its 50 companies.
STATISTICS: GEORGIA, 3Q2025: Health insurance generates almost 44% of the total GWP
At the end of 3Q2025, Georgia's insurance market grew by 11.77% in local currency, reaching GEL 1,098.25 million (EUR 346.02 million), according to data published by the State Insurance Supervision Service of Georgia.
11 December 2025