News - Insurance
STATISTICS: MOLDOVA, 3Q2025: Premiums remained almost flat, while paid claims grew by 16%
According to the National Bureau of Statistics, Moldova's insurance sector totaled MDL 2,443.91 million at the end of 3Q2025, up only 0.9% y-o-y (EUR 124.63%).
Achmea: Michiel Delfos to step down as a member of the Executive Board in 2026
After twelve years with the company, including four years as a member of the Executive Board, Chief Risk Officer Michiel Delfos has decided to step down as a member of Achmea’s Executive Board in 2026, according to the company’s press release.
AXA completes the acquisition of a majority stake in Prima in Italy
AXA has completed the acquisition of a majority stake in Prima, the leader in the direct distribution channel in Italy.
AZERBAIJAN: In January-October the market rises by almost 13% y-o-y
In January-October 2025, Azerbaijani insurance companies collected AZN 1.256 billion (~EUR 0.64 billion), which indicates a 12.9% increase y-o-y, ABC.AZ reports, citing the Central Bank of Azerbaijan.
BULGARIA: Nikolay Stanchev: The insurance market has demonstrated sustainable growth, but continues to be dominated by motor insurance
The insurance market in Bulgaria has demonstrated sustainable growth in recent years. One of the main challenges is the pace of economic development, another challenge is related to the lack of qualified personnel in the sector, stated Nikolay Stanchev, Chairman of the Board of the Association of Bulgarian Insurers (ABZ).
CROATIA: In the first 10 months of the year the market rises by almost 8%
Total GWP collected by Croatian insurers in the first 10 months of 2025 amounted to EUR 1.7 billion, or 7.9% more y-o-y, osiguranje.hr writes with reference to HANFA’s (Croatian Financial Services Supervisory Agency) report.
GREECE: After joining Piraeus Bank Group, Ethniki Insurance enters a new era of growth
Ethniki Insurance is entering a new and dynamic era of growth following the successful completion of its acquisition by Piraeus Bank Group. With the support, expertise and infrastructure of the important financial Group, Ethniki Insurance is expected to further strengthen its growth and accelerate its transformation, insuranceforum.gr writes.
KAZAKHSTAN: Life insurers' net profit nearly doubled in 9M2025
The life insurance sector continued to accelerate, driven by robust demand for voluntary personal insurance products, rising wages and employment, active digitalization of the industry, and overall improved insurance literacy.
KYRGYZSTAN: Insurers' income nearly doubled in January-September
From January to September of this year, total income of 18 insurance companies operating in the market more than doubled y-o-y, reaching KGS 8.3 billion (~EUR 81 million). The bulk of this amount (almost 90% of the total) came from insurance premiums, according to the National Statistical Committee of the Kyrgyz Republic.
S&P upgrades ratings of three core entities of the UNIQA Group to A+
S&P Global Ratings has upgraded the ratings of three core entities of the UNIQA Group: UNIQA Österreich Versicherungen AG, the reinsurance company UNIQA Re AG (Zurich), and UNIQA Poland (UNIQA Towarzystwo Ubezpieczen S.A.) are now rated “A+”, the company announced.
SERBIA: 9th Serbian Insurance Days: there is a lot of potential for market development
The market is dominated by non-life insurance with 83.7%, said Željko Jović, Vice Governor of the NBS (National Bank of Serbia), at the 9th Serbian Insurance Days which took place on November 26 and 27 at the Zlatibor Hotel in Zlatibor.
UNIQA sets more ambitious financial targets for 2026 to 2028
One year after launching the “UNIQA 3.0 – Growing Impact 2025 - 2028” strategic programme, the Management Board of UNIQA gave a positive interim assessment at a capital market update in Vienna and London and set more ambitious financial targets.
UZBEKISTAN: Agricultural Insurance Fund to be created
An Agricultural Insurance Fund will be created in Uzbekistan to protect producers from natural and man-made risks, uzdaily reports, citing a government statement.
VIG is expecting an exceptional year-end result in 2025 after an outstanding performance in the first three quarters
Based on the Q1–Q3 result, VIG Management has increased the expected range for the Group’s result before taxes 2025 to EUR 1.10–1.15 billion, the Group said in its press release.
STATISTICS: CEE 1H2025 (update): Solid growth, but inflation and climate risks keep pressure on
Insurance markets across Central and Eastern Europe continued to expand in 1H2025, though inflation still played a major role in boosting premiums. GWP reached EUR 29.21 billion, 8.45% up y-o-y.
Beth Jenkins joins Arch Insurance International as Senior Casualty Underwriter:
Arch Insurance International (Arch) today announced the appointment of Beth Jenkins as a Senior Casualty Underwriter, with immediate effect.
Bucharest hosts key EU Workshop on ELD implementation and financial security insurance instruments
The Environmental Liability Directive (ELD) was the central topic of a workshop jointly organized by UNSAR – The Romanian Insurers’ Association – and HAIC, the Hellenic Association of Insurance Companies. The event took place in Bucharest as part of the European LIFE PROFILE project, which aims to strengthen the financial protection mechanisms supporting environmental remediation.
Romania: Senior population is growing fast, but feels undersupported in times of vulnerability, shows NN Research
Romania faces a sharp demographic shift: in July 2025, for the first time, the population aged 65+ exceeded children under 14 by 35.4%. Yet, NN studies show seniors feel increasingly vulnerable and insufficiently supported as health and financial needs rise with age
STATISTICS: UZBEKISTAN, 3Q2025: Non-life insurance dominates the market, generating over 94% of premiums
In 9M2025, Uzbekistan's insurance sector grew by 39.63% year-on-year to reach UZS 9.79 trillion (EUR 692.58 million), according to data published by the National Agency for Prospective Projects of the Republic of Uzbekistan.
STATISTICS: BELARUS, 3Q2025: Double-digit growth of paid claims, outpacing premiums
At the end of 3Q2025, the Belarusian insurance market totaled BYN 2,100.47 million (EUR 592.63 million), which in local currency is 8.86% more y-o-y, according to data published by the Ministry of Finance of the Republic of Belarus.
3 December 2025