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XPRIMM News No. 740, 14 August 2025

Insurance Newsletter No. 740, 14 August 2025
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TOP NEWS

by Marina MAGNAVAL, 2025-08-11
The fourth conference, Insurance Days of the Republic of Srpska (DORS 2025), will be held on October 15 and 16, 2025 in Banja Luka. The event brings together leading experts in the field of insurance and related industries.
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by Marina MAGNAVAL, 2025-08-11
VIG Re, a European reinsurer with a growing presence in Asia, has been officially certified as a Top Employer for 2025 in the Czech Republic by the Top Employers Institute, the company’s press release says.
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by Marina MAGNAVAL, 2025-08-11
Three out of four Estonians, or 75%, trust insurance. Of those who had a claim in the past three years, 85% were satisfied with the solution, while 14% were dissatisfied, a study conducted by Turu-uuringute AS on behalf of the Estonian Insurance Association (EKsL) says.
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by Marina MAGNAVAL, 2025-08-11
Consolidated net profit of the Montenegro's top insurer Lovcen Osiguranje, part of Slovenia's Triglav Group, reached EUR 2.97 million in the first half of 2025, up from EUR 2.35 million a year earlier, SeeNews writes.
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by Daniela GHETU, 2025-08-12
The largest insurance distributor in Central and Eastern Europe, Unilink Group, owned by leading global fintech Acrisure, announced it has acquired Mega Brokers, the largest retail insurance agent in Greece to create a market leading business together.
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by Marina MAGNAVAL, 2025-08-11
The devastating fires that have hit the mountainous Limassol region have caused huge damage to hundreds of homes and properties.
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by Marina MAGNAVAL, 2025-08-11
At the end of June 2025, total number of registered vehicles in Turkiye stood at 32.37 million, according to data from the Turkish Statistical Institute (TurkStat), Middle East Insurance Review writes.
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by Marina MAGNAVAL, 2025-08-11
The key indicators of life insurers in January-June 2025 recorded confident double-digit growth due to continued high demand for life insurance products, supported by legislation, wage growth (+10.7%), and institutional promotion of insurance products through digital services, according to a market review, published by the Association of Financiers of Kazakhstan.
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by Marina MAGNAVAL, 2025-08-11
GWP of ARX and ARX Life for the first half of 2025 reached UAH 2.9 billion (~EUR 59.56 million), which is 37% more y-o-y, Forinsurer reports.
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by Marina MAGNAVAL, 2025-08-11
One of the leading insurance market participants in Uzbekistan, O‘ZAGROSUG‘URTA paid out UZS 27 billion (~EUR 1.88 million) for 1,438 insurance cases in the first seven months of this year, gazeta.uz writes.
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by Marina MAGNAVAL, 2025-08-12
Vienna Insurance Group (VIG) is considering the acquisition of a controlling majority stake in NÜRNBERGER Beteiligungs-AG (NÜRNBERGER). According to VIG, diversification potential in the special market Germany is to support long-term growth strategy in Central and Eastern Europe (CEE).
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by Daniela GHETU, 2025-08-14
Swiss Re reported a profit of USD 1.3 billion in the second quarter of 2025, resulting in a net income of USD 2.6 billion and a return on equity (ROE) of 23.0% for 1H2025. According to the Group's statement, its financial performance was driven by healthy underwriting margins across all Business Units, supported by a solid investment result.
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by Marina MAGNAVAL, 2025-08-11
In 1H2025 operating capital generation (OCG) of NN Group increased 6% to EUR 1,020 million, reflecting continued strong business performance, mainly supported by 10% growth of Insurance Europe and 15% growth of Netherlands Non-life, the Group said in its press release.
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by Marina MAGNAVAL, 2025-08-11
Zurich Insurance Group business operating profit (BOP) for the six months ended June 30, 2025, was up 6% to a record USD 4.2 billion. Core ROE climbed to a best-ever 26.3%, and Core EPS was up 7%, the Group said in its press release.
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by Marina MAGNAVAL, 2025-08-11
Munich Re generated a net result of EUR 2,085 million (vs EUR 1,601 million) in the second quarter of 2025 and EUR 3,178 million (vs EUR 3,715 million) in the first half of the year, the company said.
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by Marina MAGNAVAL, 2025-08-11
MetLife reported second quarter 2025 premiums, fees and other revenues of USD 12.7 billion, down
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by Marina MAGNAVAL, 2025-08-11
Net interest income of KBC in 2Q2025 increased by 6% q-o-q and by 9% y-o-y. The net interest margin for the quarter under review amounted to 2.08%, up 2 basis points on the previous quarter and down 2 basis points year-on-year, according to the KBC Group’s report on second quarter results.
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by Marina MAGNAVAL, 2025-08-11
Generali’s GWP rose to EUR 50.5 billion (+0.9%), mainly driven by growth in P&C, according to Generali Group’s consolidated results as at 30 June 2025.
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by Marina MAGNAVAL, 2025-08-11
In 2Q2025, Allianz has delivered an excellent performance, characterized by strong growth and a record operating profit. Total business volume reached EUR 44.5 billion (2Q2024: EUR 42.6 billion), an internal growth of 8.0%. All segments contributed to this attractive growth, Allianz said in its press release.
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by Marina MAGNAVAL, 2025-08-11
In 2Q2025, net income attributable to AIG common shareholders was USD 1.1 billion, compared to a net loss of USD 4.0 billion in the prior year quarter. The y-o-y increase was primarily a result of a net loss of USD 6.67 per diluted common share from the deconsolidation of Corebridge Financial, Inc. (Corebridge) in June 2024.
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by Marina MAGNAVAL, 2025-08-11
The Retail International division of the Talanx Group sells its Argentinian and Uruguayan entities to BARBUSS, a global holding company that provides a wide range of insurance, claims management and financing solutions, as Talanx said in its press release.
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TOP EVENT

by Media XPRIMM, 2025-08-14
The Slovenian Insurance Supervision Agency (AZN) is organizing its 10th anniversary international conference on September 11th, under the titles “Playing smart in a risky world”. The event will be held in Ljubljana, at the Grand Hotel Union.
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MARKETS & TRENDS

by Marina MAGNAVAL, 2025-08-11
Global insured losses from natural catastrophes reach USD 80 billion in the first half of 2025 according to Swiss Re Institute’s preliminary estimates.
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by Marina MAGNAVAL, 2025-08-11
Total insurance claims for global natural disasters were the second highest on record among the first half periods, highlighting the importance of having access to effective modelling solutions, Aon’s 2025 Catastrophe Risk Management Survey says.
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STATISTICS

by Daniela GHETU, 2025-08-14
The insurance market of Cyprus totaled EUR 346.5 million at the end of Q1 2025, up by 5% y-o-y, according to Insurance Association of Cyprus - IAC's data. Gross claims incurred increased by 7% y-o-y to EUR 153.27 million, of which EUR 89.8 million - life indemnities (+24.86% y-o-y), EUR 63.5 million - non-life (down by almost 11%).
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by Daniela GHETU, 2025-08-14
Gross premiums written by Polish insurers in Q1 2025 reached EUR 5.36 billion (PLN 22.43 billion), which is 5% more y-o-y, in European currency. Paid compensations and benefits reached EUR 3.21 billion (PLN 13.46 billion), 15.65% more y-o-y. According to the Polish Insurance Association (PIU), the number of insured Poles is steadily growing.
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by Daniela GHETU, 2025-08-14
The gross premiums written together by local insurers and foreign insurers’ branches operating on FOE totaled EUR 1.19 billion, 7.24% up y-o-y. Out of this total, GWP by the 14 branches operating in Romania under FOE accounted for about 12.5%.
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by Marina MAGNAVAL, 2025-08-12
Total GWP in the insurance sector of Armenia for the first half of the year amounted to AMD 41.47 billion (EUR 92 million), which is 7.23% more y-o-y, according to the data of the Financial Rating of Insurance Companies provided to ArmInfo.
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ON THE MOVE

by Marina MAGNAVAL, 2025-08-11
Stephane Flaquet has been appointed as Chief Operating Officer (COO) to join Lloyd’s on 1 September 2025 and will become a member of Lloyd’s Executive Team, reporting directly to Patrick Tiernan, as Lloyd’s, the world’s leading insurance and reinsurance market for global risk said.

by Marina MAGNAVAL, 2025-08-11
Jo Ann Jenkins has been appointed to Aon’s Board of Directors, effective August 15, 2025, Aon, a leading global professional services firm, announced.


VIG

Omniasig

EVENTS

Rendez-Vous de Septembre
6 – 10 September 2025
Monte Carlo
Details: rvs-monte-carlo.com


4th International Insurance Summit
29 - 30 September 2025
Istanbul, Türkiye
Details: iucevents.com

Georgian Evening - Baden Baden
19 October 2025
Restaurant THE GRILL, Casino Baden-Baden, Germany

Baden-Baden Reinsurance Meeting
19 - 23 October 2025  
Baden-Baden, Germany
baden-baden-reinsurance.com

International Insurance Claims Conference
4 November 2025
Astoria Grand Hotel, Sofia, Bulgaria


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