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XPRIMM News No. 732, 15 May 2025

Insurance Newsletter No. 732, 15 May 2025
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TOP NEWS

by Marina MAGNAVAL, 2025-05-13
North Macedonia's Makedonija Osiguruvanje, member of the Vienna Insurance Group and one of the largest insurers in the country, will propose to its shareholders to distribute MKD 90.1 million (~EUR 1.46 million) as dividend for 2024, SeeNews writes.
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by Marina MAGNAVAL, 2025-05-13
Eurostat data on the number of road accidents in Europe shows that Poland is in the top of the countries with the highest number of accidents. However, Rankomat experts point out, that based on the number of inhabitants Poland ranks 3rd with the lowest number of accidents per 100 thousand people, Gazeta Ubezpieczeniowa (Insurance Gazette) writes.
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by Marina MAGNAVAL, 2025-05-13
On May 6, 2025, the PZU SA Management Board submitted a motion to the Annual General Meeting of the company's shareholders regarding the distribution of net profit for 2024. According to the press release of PZU, the Management Board proposes to allocate PLN 4.47 per share for the payment of dividend this year.
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by Marina MAGNAVAL, 2025-05-13
Voluntary insurance of land vehicles (Motor Hull) generates 19% of insurance premiums in Belarus, said the executive director of the Belarusian Association of Insurers Evgeniya Shanina. According to her, this is one of the most popular and in-demand types of voluntary insurance, BELTA writes.
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by Marina MAGNAVAL, 2025-05-13
In January-March 2025, against the backdrop of continued high demand for life insurance products supported by legislative norms, double-digit growth in household incomes (+10.6%) and a gradual increase in financial literacy, there was an increase in all key indicators of the sector, except for net profit, according to a report, published by the Association of Financiers of Kazakhstan.
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by Marina MAGNAVAL, 2025-05-13
The growth of assets of non-life insurance companies in Kazakhstan slowed down against the background of a decrease in investment income and a more accelerated growth of paid claims over premiums. In 1Q2025, non-life assets increased by only 2.8% vs 6.2% in the same period in 2024, Forbes writes.
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by Marina MAGNAVAL, 2025-05-13
The National Health Insurance Company (an autonomous state organization at the national level, carrying out non-profit activities in the field of compulsory health insurance) announced that over MDL 3.95 billion (~EUR 0.20 billion) of revenues were received by compulsory health insurance funds in the first 4 months of 2025, writes Sputnik Moldova.
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by Marina MAGNAVAL, 2025-05-13
In the first quarter of 2025, more than 1.5 million MTPL contracts were concluded in Ukraine, which is 8.83% less y-o-y. GWP in the segment exceeded UAH 4.5 billion (~EUR 0.10 billion), which means an increase of 114.81%. The average premium increased by 135.61%, Forinsurer reports.
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by Marina MAGNAVAL, 2025-05-13
TAS Insurance Group, one of the leaders of the Ukrainian insurance market, collected UAH 1,468.51 million (~EUR 33.02 million) in January-March 2025, which is 52.8% more y-o-y, Forinsurer writes.
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by Marina MAGNAVAL, 2025-05-13
Total GWP of AXA and other revenues in 1Q2025 were up 7% to EUR 37.0 billion, driven by Property & Casualty (+7% to EUR 21.0 billion), according to the AXA’s press release.
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by Marina MAGNAVAL, 2025-05-13
Zurich's P&C business saw robust growth with a 5% rise in gross written premiums, against a strong prior year comparison, underscoring the company's sustainable and consistent performance.
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by Marina MAGNAVAL, 2025-05-13
SCOR recorded EUR 200 million net income (EUR 195 million adjusted) in 1Q2025, supported by all
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by Marina MAGNAVAL, 2025-05-13
The Annual General Meeting of Hannover Rück SE approved the proposal put forward by the Executive Board and Supervisory Board to pay a total dividend for the 2024 financial year of EUR 9.00 (previous year: EUR 7.20) per share, an increase of 25% compared to the previous year.
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STATISTICS

by Marina MAGNAVAL, 2025-05-13
In the first quarter of 2025, the insurance market of Armenia grew by 8.62%, amounting to AMD 20.92 billion (EUR 49.39 million), according to the data of the Financial Rating of Insurance Companies provided to ArmInfo.
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by Daniela GHETU, 2025-05-15
Albanian insurers recorded GWP worth EUR 56.44 million in Q1 2025, up by 11% y-o-y. In the same period remained stable, almost unchanged y-o-y (EUR 19.37) million. However, one should note that due to the Albanian currency appreciation vs. the precedent year, the growth rates in European currency are significantly higher than those calculated with the premiums and paid claims values denominated in Albanian Lek.
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TOP EVENTS
by Daniela GHETU, 2025-05-15
Time is running out! In just one week, registrations will close for the most anticipated regional event in the (re)insurance industry – FIAR – The International Insurance-Reinsurance Forum 2025. Returning to its historical venue, Sinaia, the Forum will welcome you with an exciting program!
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by Daniela GHETU, 2025-05-15
The Georgian International Insurance Conference 2025, co-organized by the Insurance State Supervision Service of Georgia and XPRIMM, is set to take place on June 12–13, 2025.
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MARKETS & TRENDS

by Marina MAGNAVAL, 2025-05-13
The Tech Trend Radar 2025, a joint publication from ERGO and Munich Re offers insurers an overview of tech-driven trends and their effects on the industry, ERGO said in its press release.
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ON THE MOVE

by Marina MAGNAVAL, 2025-05-13
Patrick Tiernan has been appointed as Chief Executive Officer (CEO) by the Council of Lloyd’s, the world’s leading marketplace for insurance and reinsurance. Patrick will commence his tenure as Lloyd’s new CEO on 1 June 2025.

by Marina MAGNAVAL, 2025-05-13
Marsh, the world’s leading insurance broker and risk advisor, and a business of Marsh McLennan, has appointed Typhaine Beaupérin as Client Leader, Risk Management, Europe, effective end June 2025.

by Marina MAGNAVAL, 2025-05-13
Marsh, the world’s leading insurance broker and risk advisor, and a business of Marsh McLennan, has appointed Jim Dunn as US Construction Practice Leader.

by Marina MAGNAVAL, 2025-05-13
Aon, a leading global professional services firm, has extended the contract of Carlo Clavarino, Executive Chairman, International, through 2029, the company said.

by Marina MAGNAVAL, 2025-05-13
Amanda Lyons had been appointed CEO of Aon Reinsurance Solutions Limited in Bermuda, effective July 1 and subject to regulatory and immigration approvals, according to a recent announcement of Aon, a leading global professional services firm.


VIG

Omniasig

EVENTS

26th International Insurance Reinsurance Forum - FIAR
25-27 May 2025
International Hotel, Sinaia, Romania
fiar.ro


International Insurance Conference of Georgia
12 - 13 June 2025
Batumi, Georgia
xprimmevents.com


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