TOP NEWS
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by Media XPRIMM, 2025-06-05
XPRIMM announces the online launch of its regional insurance report XPRIMM Insurance Report FY2024. The report is available for free, in flip format. XPRIMM subscribers may also download the file, in pdf format, from the website’s statistical database.
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by Marina MAGNAVAL, 2025-06-02
GWP of Vienna Insurance Group (VIG) increased by 8.3% to EUR 4,655 million in 1Q2025. Premiums increased across all lines of business. The highest growth rates were reported in the Special Markets (+25.4%), Poland (+13%) and Extended CEE (+10.3%) segments, with Romania, the Baltic states, Slovakia and Hungary driving growth the most.
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by Marina MAGNAVAL, 2025-06-02
Total GWP of Albanian insurers in the first four months of the year reached ALL 7.67 billion (EUR 77.9 million), which is 8% more y-o-y, SeeNews reports with reference to official figures.
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by Marina MAGNAVAL, 2025-06-02
On May 29, 2025, a regular annual General Meeting of the Association of Bulgarian Insurers (ABZ) was held and the General Assembly accepted new members to the association and elected its Management Board.
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by Marina MAGNAVAL, 2025-06-02
Croatia's insurance market is expected to grow at a compound annual growth rate (CAGR) of 3.6% over the next decade, reaching EUR 2.7 billion in 2035, as Allianz said in its report, SeeNews writes.
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by Marina MAGNAVAL, 2025-06-02
Allianz Hrvatska, part of German insurer Allianz, said that in 2024 its gross profit reached a record high of EUR 29.3 million, which represents an increase of 21% y-o-y, thanks to growing profitability of both non-life and life insurance operations, SeeNews reports.
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by Marina MAGNAVAL, 2025-06-02
The past winter has been quite favorable for farmers and has not caused major damage to crops.
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by Marina MAGNAVAL, 2025-06-02
PZUW Mutual Insurance Company achieved significant success in the latest Global 500 ranking published by the International Cooperative and Mutual Insurance Federation (ICMIF).
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by Media XPRIMM, 2025-06-05
Years after the collapse of Romania’s largest motor insurers, CITY Insurance and EUROINS Romania, the market still feels the impact. Over 500,000 claims have been filed, with payouts totaling RON 2.6 billion (~EUR 520 million), now reflected in MTPL premiums paid by millions of Romanian drivers, the FGA’s 2024 report shows.
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by Daniela GHETU, 2025-06-05
Authorities ordered on June, 1 the urgent evacuation of 45 homes in Praid, Harghita County, after torrential rains severely damaged the area. Experts warn of a possible collapse of the old salt mine’s ceiling. The Praid Salt Mine, a key tourist site, has been heavily affected by the flooding.
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by Marina MAGNAVAL, 2025-06-02
London-headquartered BMS Group, an independent global insurance and reinsurance broker, has expanded its presence in the Turkish market with the acquisition of Istanbul-based Oria Sigorta ve Reasurans Brokerligi, Middle East Insurance Review writes. The merged entity is to continue as BMS Group Sigorta ve Reasurans Brokerligi.
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by Marina MAGNAVAL, 2025-06-02
The insurance sector of Azerbaijan recorded dynamic development in January-April 2025 as total GWP reached AZN 588.46 million (~EUR 304.90 million), ABC.AZ reports with reference to the Central Bank.
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by Marina MAGNAVAL, 2025-06-02
The health insurance market in Georgia in 2024 increased by 19.5% to GEL 533.8 million (~EUR 182.14 million), NEWSGEORGIA writes with reference to the sector review from TBC Capital.
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by Marina MAGNAVAL, 2025-06-02
In the first quarter of 2025, 17 insurance companies operated on the Kyrgyz market. Their income increased by 2.4 times y-o-y, amounting to KGS 2,097 million (~EUR 22.40 million).
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by Marina MAGNAVAL, 2025-06-02
VUSO, one of the top 5 non-life insurers in Ukraine, tripled its profit in 1Q2025 y-o-y. At the end of the first quarter, VUSO's net profit amounted to UAH 40.99 million (~EUR 0.92 million), Forinsurer writes.
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by Marina MAGNAVAL, 2025-06-02
A national reinsurance company, O‘zbekiston qayta sug‘urta kompaniyasi, will be created in Uzbekistan. The President of Uzbekistan has signed a corresponding decree, uzdaily.uz reports.
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by Marina MAGNAVAL, 2025-06-02
The National Agency for Prospective Projects (NAPP) has published a rating of insurance organizations of Uzbekistan, in which APEX INSURANCE ranks first with the highest quality rating - AAA and a final score of 115.
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by Marina MAGNAVAL, 2025-06-02
On May 28, 2025, Moody’s has improved Generali’s outlook to positive from stable and affirmed its A3 insurance financial strength rating (IFSR), the insurer said in its recent press release.
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ON THE MOVE
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by Daniela GHETU, 2025-06-04
Arch Insurance International (Arch) appointed Ed Short as Head of Digital, effective immediately. In this newly created role, Short is responsible for executing Arch’s digital underwriting strategy, ensuring a cohesive approach across the London Market, UK Regional, Australia, EU, and Bermuda platforms.
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INTERVIEW
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by Daniela GHETU, 2025-06-05
New players and traditional insurers alike must be held to high standards to safeguard consumer trust, financial resilience and fair competition. We need a regulatory framework that reflects the new realities of digital distribution, while ensuring that new businesses don’t bypass the high standards traditional insurers uphold.
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MARKETS & TRENDS
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by Media XPRIMM, 2025-06-04
Access to insurance needs to become simpler, more digital and user-friendly to meet the distinct needs of Europe’s younger generation. This is the clear message from a survey conducted by Insurance Europe in partnership with the European Youth Parliament (EYP), which gathered the views of 651 young people from 33 European countries.
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by Daniela GHETU, 2025-06-05
In today’s digital business environment, technology risk continues to be a critical concern for organizations of all sizes. As a result, the use of cyber risk insurance continues to increase and is a significant strategic component for managing cyber risk, the latest Marsh report on The evolution of cyber claims in Europe” reads.
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by Marina MAGNAVAL, 2025-06-02
The global insurance industry is estimated to have grown by +8.6% in 2024. This again exceeded the exceptional +8.2% growth recorded in the previous year. Insurance companies worldwide experienced an increase in premiums of EUR 557 billion, bringing total premium income to EUR 7.0 trillion, according to the Allianz Global Insurance Report 2025.
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STATISTICS
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by Daniela GHETU, 2025-06-05
According to the Q1 2025 preliminary statistics published by HAIC - the Hellenic Association of Insurance Companies, at the end of March, the Greece insurance market totaled at EUR 1.37 billion, 2.2% down y-o-y.
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by Daniela GHETU, 2025-06-04
Total premium generated in the Türkiye insurance market increased in local currency by almost 52% during Q1 2025 to TRY 304.16 billion (EUR 7.47 billion), according to data released by the Insurance Association of Turkey (TSB). The growth pace slowed as compared with the previous period but remained still very high.
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by Marina MAGNAVAL, 2025-06-05
According to the 1Q results, the Georgian insurance market grew by 13.88% in local currency, reaching GEL 452.92 million (EUR 151.90 million), according to data published by the Insurance Supervision Service of Georgia.
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EVENTS
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CURRENT XPRIMM REPORTS
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