News - Insurance
STATISTICS: ex-USSR, 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.
GREECE: GWP of NN Hellas exceeded EUR 1 billion in 2025
NN Hellas, the largest multinational insurance company in Greece, a member of the NN Group, ended 2025 with steady growth. With a focus on the customer experience through solid investments in its digital transformation and development, the company continues to strengthen its position in the Greek private insurance market, insuranceforum.gr writes.
Marsh Risk: the largest cyber insurance facility worldwide Cyber ECHO to provide clients with up to USD 200 million of cyber insurance
Marsh Risk, a business of Marsh and the world’s leading insurance broker and risk advisor, has announced that its Cyber ECHO facility now provides Marsh clients with up to USD 200 million of cyber insurance, the company’s press release says.
MOLDOVA: New law to align legislation with EU standards
Moldova has prepared a draft law on insurance and reinsurance activities, aligning national legislation with EU standards. The document introduces the provisions of Directive 2009/138/EC (Solvency II), including the recent amendments introduced by Directive 2025/2, which will apply at the European level from January 30, 2027, according to bizlaw.md.
MONTENEGRO: Consolidated net profit of Lovcen Osiguranje rises 23% in 2025
Montenegro's top insurer Lovcen Osiguranje, part of Slovenia's Triglav Group, has reported that its consolidated net profit rose to EUR 4.8 million in 2025 from EUR 3.9 million the year before supported by higher revenue, SeeNews wrote.
TURKIYE: Turk Re’s net profit rises 16% in 2025
Net profit of the state-owned Turk Reasurans (Turk Re) in 2025 reached TRY 3.6 billion (USD 80.8 million), which is 16% higher y-o-y and indicates that the company is maintaining its growth momentum, according to a Turk Re’s statement, Middle East Insurance Review reports.
VIG Re’s 2025 results: the year was exceptionally profitable, marked by strong financial
performance, disciplined execution, and sustained value creation
STATISTICS: BULGARIA FY2025: Motor insurance remained the market driver, both in GWP and paid claims terms
Bulgarian insurance market reported FY2025 GWP worth BGN 5.25 billion (EUR 2.68 billion), up 12% y-o-y, according to the official data published by the Financial Supervisory Commission. Life insurers' GWP increased by 11.36% to BGN 870 million, while non-life insurers' GWP rose by 12.16% to BGN 4.38 billion. Overall, the portfolio structure remained almost unchanged.
STATISTICS: POLAND FY2025: Improved profitability of the insurance operations
Polish insurers wrote PLN 90.6 billion (EUR 21.43 billion) in gross premiums in 2025, up 5.76% y-o-y. Both life (+5.17%) and non-life (+5.98%) segments contributed to growth. Overall growth accelerated in the second half of the year.
STATISTICS: SLOVENIA FY2025: Rapid recovery in business turnover and improved profitability
The Slovene insurance market grew by 33% in 2025, consolidated GWP reaching EUR 3.63 billion, according to data provided by the Slovenian Insurance Association. GWP for life insurance increased by 10.36%, to EUR 976.86 million, while non-life insurance also grew by 43.9%, to EUR 2.65 billion.
EIOPA report shows overall positive net returns of insurance retail investment products in the EU
The European Insurance and Occupational Pensions Authority (EIOPA) today its annual report on the costs and past performance of retail investment products in the European Union, covering the period from 1 January 2020 to 31 December 2024.
EIOPA Sustainable Finance Conference 2026 – virtual format only
EIOPA Sustainable Finance Conference 2026 will take place on 28 April 2026 in a virtual format. Attendance is free of charge. Registration is open.
Arch Insurance appoints new Cyber heads for Europe and Iberia
Arch Insurance today announced the promotions of Jose Carlos Jiménez Fernández as Head of Cyber for Europe, and Rafael Ortiz Losada as Head of Cyber for Iberia, at Arch Insurance (EU) dac (AIEU), effective immediately.
Damian Jaworski’s five-year term as EIOPA Executive Director began on 1 April
On 1 April, Damian Jaworski began his five-year term as Executive Director of the European Insurance and Occupational Pensions Authority (EIOPA). The EIOPA Board of Supervisors decided to nominate Damian Jaworski for this role in October 2025.
Gerry Cross appointed as next IAIS Secretary General
The International Association of Insurance Supervisors (IAIS) announced the appointment of Gerry Cross as its next Secretary General, effective 15 June 2026. He will lead the IAIS Secretariat and support the IAIS Executive Committee in advancing the IAIS’ strategic priorities and workplan, aimed at ensuring effective and globally consistent supervision of the insurance sector.
Winsee Cheung appointed a news head the unit in Liberty’s UK & MENA region
Liberty Specialty Markets (Liberty), part of Liberty Mutual Insurance Group, today announced the appointment of Winsee Cheung to divisional director, delegated authority practice, effective 07 April 2026.
Triglav targets stronger growth, profitability and EUR 300 million earnings by 2030
The Triglav Group has set out an ambitious medium-term strategy, leveraging its strong 2025 performance to pursue accelerated growth, improved profitability and enhanced resilience across its core markets.
14 April 2026