TOP NEWS
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by Marina MAGNAVAL, 2025-09-23
Insurance companies operating in Bosnia’s Federation posted combined GWP of BAM 538.6 million (EUR 275.4 million) in the first eight months of this year, which means a 8.2% y-o-y increase, according to the Federation’s insurance supervision agency, SeeNews writes.
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by Marina MAGNAVAL, 2025-09-23
In times of growing uncertainty, the insurance sector in Bosnia and Herzegovina can become a key partner for citizens and the economy, said the Governor of the Central Bank of Bosnia and Herzegovina, Jasmina Selimovi? at the conference "Insurance Days in Bosnia and Herzegovina", osiguranje.hr writes.
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by Marina MAGNAVAL, 2025-09-23
This year, 101,032 claims were received by Hungarian insurers following the storms between May 1 and August 31, and insurers have already paid out HUF 13.12 billion (~EUR 33.63 million) and are making reserves for claim payments, portfolio.hu reports.
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by Daniela GHETU, 2025-09-24
Scholars, researchers, and insurance professionals will reunite in Sarajevo, between 25-27 September, on the occasions of the Fourth Annual Conference of the Eastern European Risk and Insurance Association (EERIA).
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by Marina MAGNAVAL, 2025-09-23
Ethniki Insurance has reached an agreement with the Syngelidis Group for the acquisition of a majority stake (55%) in the brokerage companies Elysee Insurance Agent s Coordinator S.A. and Elysee Insurance Brokers S.A., which operate in all insurance sectors in Greece, insuranceforum.gr reports.
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by Marina MAGNAVAL, 2025-09-23
The first Assembly of the Union of Insurers of the Turkic World was held in the Azerbaijani city of Shusha, according to the Azerbaijan Insurers Association (AIA), Trend writes.
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by Marina MAGNAVAL, 2025-09-23
Halyk Insurance, one of Kazakhstan's top five insurance companies, and China Pacific Property Insurance (CPPIC), one of China's largest insurance companies, have agreed to a partnership by signing a memorandum of understanding, kapital.kz reports.
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by Marina MAGNAVAL, 2025-09-23
Banca de Economii SA, which is undergoing liquidation, has finally withdrawn from the shareholder list of the insurance company Moldasig SA, selling its 61,200 shares. The transaction amounted to MDL 17,699,040 (~EUR 0.90 million), bizlaw.md reports.
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by Marina MAGNAVAL, 2025-09-23
Insurers are under increasing pressure to improve financial performance across their claims functions but face resource limitations, uncertainty on how to best integrate digital and AI technology and complex processing challenges. Together these result in cost leakage throughout the claims cycle, Aon, a leading global professional services firm, said.
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by Daniela GHETU, 2025-09-25
Austria was hit by exceptionally high catastrophe losses in 2024, underscoring the growing impact of climate change. On average, insured losses from natural disasters exceed one billion euros annually, yet last year set a new record: EUR 1.7 billion in insured damages, Austrian Insurance Association (VVO) said.
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STATISTICS
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by Marina MAGNAVAL, 2025-09-25
Latvian insurers ended H1 2025 with gross written premiums (GWP) worth EUR 679.26 million, 9.8% up y-o-y. Life insurance accounted for almost 18.6% of this total, while motor insurance is the business segment with the largest participation to the market portfolio (27.53%).
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by Daniela GHETU, 2025-09-25
According to the Czech National Bank data, Czech insurers ended H1 2025 with GWP worth EUR 5.05 billion, by 8.1% more y-o-y. Paid claims have increased by 7.07 %, to EUR 2.45 billion.
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by Marina MAGNAVAL, 2025-09-25
During the first half of the year, the Lithuanian insurance market grew by 8.9% y-o-y to EUR 861 million, according to the market figures published by the Bank of Lithuania.
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by Daniela GHETU, 2025-09-25
Serbian insurers ended 1H2025 with total GWP worth RSD 97.6 billion (EUR 833 million), which is almost 10% more y-o-y, according to statistical data published by the National Bank of Serbia (NBS). Paid claims increased at a similar pace, reaching RSD 42.17 billion (EUR 360 million).
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TOP EVENT
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by Media XPRIMM, 2025-09-25
The 4th International Insurance Summit, organized by the Insurance Association of Türkiye (TSB) under the theme “Digital Futures: How Technology Changes the Insurance Sector”, will gather global and regional leaders in Istanbul on September 29–30, 2025, to discuss the profound impact of digital transformation on the insurance industry.
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MARKETS & TRENDS
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by Marina MAGNAVAL, 2025-09-23
While there is widespread acknowledgment of climate risks, organizations are not conducting comprehensive cost-benefit analyses to justify further adaptation investments, which is resulting in significant gaps between the outcome of climate risk assessments and adaptation strategies, says Marsh’s 2025 Climate Adaptation Survey.
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ON THE MOVE
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by Daniela GHETU, 2025-09-24
The General Assembly of UNSAR – the National Union of Insurance and Reinsurance Companies of Romania, which brings together 21 insurers representing over 90% of the local market – has elected the members of its Board of Directors for a new three-year mandate.
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by Marina MAGNAVAL, 2025-09-23
Türk Reasürans has appointed Mr Özgür Bülent Koç as general manager, according to news platform Sigortaci, Middle East Insurance Review writes.
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by Marina MAGNAVAL, 2025-09-23
Munich Re announced the appointment of Walter Voigts-von Forster as Chief Executive Officer, Munich Re Africa Branch.
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by Marina MAGNAVAL, 2025-09-23
Renee McGowan has been appointed as Chief Commercial Officer, International, effective October 1, 2025, Marsh McLennan, the world’s leading professional services firm in the areas of risk, strategy and people announced.
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EVENTS
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CURRENT XPRIMM REPORTS
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