TOP NEWS
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by Daniela GHETU, 2025-05-24
Vienna Insurance Group AG Wiener Versicherung Gruppe (VIG) held its 34th Annual General Meeting today at the Wiener Stadthalle, where shareholders approved key resolutions, including a notable dividend increase.
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by Marina MAGNAVAL, 2025-05-29
GWP collected by insurance companies in Croatia in the first four months of 2025 amounted to EUR 665.7 million, or 9.6% more y-o-y. Of this amount, EUR 106.7 million (16.0%) came from life insurance (+2.2%), and EUR 559.0 million (84.40%) – from non-life (+11.1%), osiguranje.hr writes.
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by Media XPRIMM, 2025-05-24
Following the success of its inaugural edition, the EERIA Summer School returns this July to the picturesque city of Ohrid, Macedonia, promising another week of in-depth learning, strategic insights, and professional networking for insurance experts across Europe and beyond.
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by Marina MAGNAVAL, 2025-05-29
In the annual customer service evaluation study of the company “Dive”, ERGO was recognized as the insurance company with the best customer service in Latvia, the Latvian Insurers Association (LAA) said.
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by Marina MAGNAVAL, 2025-05-29
Without certainty that all entities operating on the Polish market follow same rules, we cannot talk about true, healthy competition, said Krystian Wiercioch, Deputy Chairman of the Polish Financial Supervision Authority, at the opening of the XII Congress of the Polish Chamber of Insurance.
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by Daniela GHETU, 2025-05-29
The largest CASCO claim paid last year by the Romanian insurers following a flood exceeded reached EUR 135,000. The incident underscores both the growing severity of extreme weather events and the crucial financial protection offered by CASCO insurance in such situations.
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by Marina MAGNAVAL, 2025-05-29
In 1Q2025 Triglav Group's total business volume increased by 18% compared to 1Q2024, reaching EUR 553.7 million, primarily driven by a rise in gross written premium. Gross written insurance, coinsurance and reinsurance premiums grew at the same rate, reaching EUR 530.2 million.
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by Daniela GHETU, 2025-05-24
Austrian insurance group Grazer Wechselseitige Versicherung AG (GRAWE) has announced a major expansion move into Southeastern Europe by acquiring a 98.7% stake in Prime Insurance Company Ltd., a leading Cypriot insurer. The deal, subject to regulatory approval, marks GRAWE’s first foray into the Cypriot insurance market as a primary insurer.
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by null, 2025-05-29
Sirma Group (Sirma), the largest Bulgarian technology company, has unveiled ambitious growth plans as it builds on a successful 33-year track record. Despite a challenging geopolitical landscape, the company reported an impressive 24% year-over-year revenue growth, surpassing BGN 100 million.
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by Marina MAGNAVAL, 2025-05-29
International business of insurance companies-members of the Insurance Association of Cyprus (IAC) recorded a significant increase of 21.1% in 2024, reaching EUR 43.3 million from EUR 35.8 million in 2023, according to recent data, cyprusinsurancenews.com writes.
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by Marina MAGNAVAL, 2025-05-29
EUROPE INSURANCE has announced the expansion of its activities in Romania under the Freedom of establishment principle, following the approval received on May 15, 2025 by the Bank of Greece, insuranceforum.gr reports.
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by Marina MAGNAVAL, 2025-05-29
A dividend of EUR 1.55 per share, which represents a 10.7% increase on the previous year’s dividend, proposed by the Vienna Insurance Group (VIG) Managing Board and Supervisory Board was approved during the Annual General Meeting.
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by Marina MAGNAVAL, 2025-05-29
In 1Q2025 premiums written at UNIQA Insurance Group AG, including savings portions from unit-linked and index-linked life insurance, rose by 13.2% to EUR 2,472.5 million compared with the same period of the previous year (1Q2024: EUR 2,184.3 million).
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by Marina MAGNAVAL, 2025-05-29
Gross written premiums of Generali in 1Q2025 reached EUR 26.5 billion (+0.2%), driven by the strong performance of P&C (+8.6%), especially in non-motor. Life net inflows recorded a robust growth, exceeding EUR 3.0 billion (+30.4%), primarily driven by Italy and Germany, with the former also showing a material improvement in terms of lapses.
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by Marina MAGNAVAL, 2025-05-29
Amidst legalization of the number of hired workers and the wage fund, budget revenues from compulsory state social insurance in Azerbaijan from January through April of this year amounted to AZN 2.03 billion (~EUR 1.05 billion), ABC.AZ writes with reference to the State Tax Service. According to the State Tax Service, this is 14.6% more y-o-y.
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by Marina MAGNAVAL, 2025-05-29
“The past year turned out to be the most "fruitful" in the history of Belarusian insurance, GWP exceeded USD 800 million for the first time”, said Irina Merzlyakova, General Director of the Belarusian Association of Insurers to XPRIMM.
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by Marina MAGNAVAL, 2025-05-29
The state will temporarily become a shareholder of MOLDASIG S.A. The Public Property Agency will purchase on behalf of the state 480,000 newly issued shares of the company for MDL 137.52 million, bizlaw.md writes.
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by Marina MAGNAVAL, 2025-05-29
In May 2025, the international rating agency A.M. Best affirmed Uzbekinvest's financial strength rating (FSR) at B and long-term issuer credit rating (ICR) at bb, with a “Stable” outlook for both ratings, the insurer announced on its website.
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by Marina MAGNAVAL, 2025-05-29
Aon, a leading global professional services firm, expands its collaboration with risk data, analytics and technology leader, Moody’s Insurance Solutions. According to Aon, that will reduce latency and accumulation risk for casualty re/insurers, while continuing to drive product innovation in the casualty re/insurance sector.
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EIOPA News
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by Media XPRIMM, 2025-05-29
The International Center for Insurance Regulation (ICIR) and the European Insurance and Occupational Pensions Authority (EIOPA) will jointly host the 9th Conference on Global Insurance Supervision (GIS) under the theme "Building Resilience in a Risk-Driven World", taking place on 3 September 2025 at Campus Westend, Goethe University, Frankfurt.
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Insurance Europe News
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by Daniela GHETU, 2025-05-29
Ahead of its 15th International Conference, Insurance Europe released a joint statement highlighting the industry’s top priorities and urging EU leaders to better recognize insurers’ vital role in achieving Europe’s strategic goals. The statement was signed by President Frédéric de Courtois, Vice-President Alexander Sarrigeorgiou, and Director General Thea Utoft Høj Jensen.
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by Media XPRIMM, 2025-05-29
In a world of geopolitical uncertainty, Europe must make every effort to increase its competitiveness. The European Commission's Financial Data Access (FIDA) framework - which aims to regulate the sharing of data in the financial services sector - must contribute, not undermine, this effort.
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INTERVIEW
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by Daniela GHETU, 2025-05-29
The key trend was the growth in demand for voluntary insurance, especially for pension annuities and voluntary property insurance, including Motor Hull. This indicates an increase in the financial literacy of the population and growth of trust in insurance products.
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TOP EVENT
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by Media XPRIMM, 2025-05-29
FIAR – The International Insurance-Reinsurance Forum, the premier annual event dedicated to the insurance industry in Central and Eastern Europe, successfully took place from May 25 to 27, 2025, in Sinaia, Romania.
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by Daniela GHETU, 2025-05-29
FIAR 2025 opened on May 26 with the “Insurance Market Trends” conference, spotlighting key industry challenges and priorities. Experts addressed climate risk, regulation, technology, and distribution, urging greater resilience, smarter supervision, and improved consumer engagement to help the insurance sector adapt to a rapidly evolving risk landscape.
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by Daniela GHETU, 2025-05-29
The FIAR 2025 panel discussion on reducing the insurance protection gap brought together senior voices from across the European and Romanian insurance industry. From regulatory complexity and shifting consumer expectations to innovation and public communication, panelists examined the intertwined challenges that shape both the social relevance and growth potential of insurance in today’s uncertain world.
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by Daniela GHETU, 2025-05-29
As climate-related risks escalate and natural catastrophes become more frequent, the FIAR 2025 panel “Climate Risks and Natural Catastrophe Insurance: Maintaining Insurability and Accessibility” brought together experts from across Europe and Türkiye to address how insurers, regulators, and policymakers can jointly ensure long-term resilience and protection.
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by Daniela GHETU, 2025-05-29
The panel “The Future of Insurance Distribution: Impact of Technology and Shifting Consumer Behavior” at FIAR 2025 brought together brokers, insurers, insurtech leaders, and European association representatives to explore how the distribution of insurance is being transformed by technology, changing regulation, and evolving customer behavior. While opportunities abound, speakers agreed that regulatory rigidity, misaligned consumer expectations, and bureaucratic hurdles remain major barriers to progress.
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STATISTICS
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by Marina MAGNAVAL, 2025-05-29
According to the National Bureau of Statistics, the insurance sector of Moldova decreased by 4.90% y-o-y, to MDL 636.29 million (EUR 32.72 million), in the first quarter of 2025. Paid claims amounted to MDL 264.56 million (EUR 13.60 million), which in local currency is 0.80% less than in the first quarter of 2024.
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by Marina MAGNAVAL, 2025-05-29
In 1Q2025, the insurance sector of Uzbekistan grew by 18.81% y-o-y and amounted to UZS 2.63 trillion (EUR 189.12 million), according to data published by the National Agency for Prospective Projects of the Republic of Uzbekistan.
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ON THE MOVE
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by Marina MAGNAVAL, 2025-05-29
Jane Slusark will join MetLife as chief communications officer, effective June 9, 2025. In this role, she will oversee the company’s global communications strategy, including internal and external communications and media relations, the company announced.
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by Marina MAGNAVAL, 2025-05-29
Tim Boroughs has been named Vice Chairman, Chubb Group and Executive Chairman, Asset Management. Chris Hogan has been promoted to Senior Vice President, Chubb Group and Chief Investment Officer, Chubb said in its press release.
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by Daniela GHETU, 2025-05-29
On 22 May, the Ordinary General Meeting of the Polish Insurance Association (PIU) appointed Piotr Wrzesi?ski to the position of Vice-President of the PIU Management Board. He will replace Andrzej Maci??ek, the long-term PIU vice-president, who decided to retire.
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CURRENT XPRIMM REPORTS
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