Back to www.xprimm.com




XPRIMM News No. 751, 30 October 2025

Insurance Newsletter No. 751, 30 October 2025
www.xprimm.com
TOP NEWS

by Marina MAGNAVAL, 2025-10-27
The insurance market in Bulgaria will maintain a stable pace of development and growth in 2025, with motor insurance remaining the main driver, and health insurance continuing to develop most dynamically, stated Nikolay Stanchev, Chairman of the Board of the Association of Bulgarian Insurers (ABZ).
More

by Daniela GHETU, 2025-10-30
Croatia Osiguranje, the country’s leading insurer and member of the Adris Group, reported strong growth in both its insurance and healthcare segments for 3Q2025. The group achieved consolidated insurance sales revenue of EUR 446.6 million, including regional operations — up 14% y-o-y. Croatia osiguranje's consolidated net profit amounted to EUR 57.9 million, which is an increase of 25% y-o-y.
More

by Marina MAGNAVAL, 2025-10-27
Business Lease Group BV, part of AutoBinck Group NV and ?SOB Leasing Czech Republic and ?SOB Leasing Slovakia, both respective part of KBC Group's Czech and Slovak divisions announced the signing of a binding agreement for the acquisition of all shares (100%) of Business Lease s.r.o. (“Business Lease Czech Republic”) and Business Lease Slovakia s.r.o. (“Business Lease Slovakia”).
More

by Daniela GHETU, 2025-10-29
by Dr. sci. Safet Kozarevic, Professor, Faculty of Economics, University of Tuzla
More

by Marina MAGNAVAL, 2025-10-27
The PZU Group is establishing a broad partnership with Google Cloud and OChK, aimed at implementing solutions based on the Google Cloud public cloud. This partnership represents a significant step towards further digitization of the PZU Group's services, strengthening its position as an innovative leader in the financial and insurance industries.
More

by Marina MAGNAVAL, 2025-10-27
Nearly two-thirds of the winners of the "Mediation-Friendly Financial Institution" competition represented the insurance market, Gazeta Ubezpieczeniowa (Insurance Gazette) writes.
More

by Marina MAGNAVAL, 2025-10-27
The financial impact of a potential Marmara earthquake would reach USD 21 billion at the current exchange rate, borne by the insurance sector alone, excluding the Turkish Catastrophe Insurance Pool (TCIP), according to the first earthquake stress test in Turkiye, Middle East Insurance Review writes.
More

by Marina MAGNAVAL, 2025-10-27
Over 7 in 10 (72%) of young people in Turkiye see insurance as a tool that can make their lives easier. And those who prefer to purchase insurance through digital platforms constitute the overwhelming majority, at 78%, Middle East Insurance Review reports.
More

by Marina MAGNAVAL, 2025-10-27
Eldik Bank and Kyrgyzstan insurance company, a top-five insurance market leader, signed a cooperation agreement in Islamic insurance.
More

by Marina MAGNAVAL, 2025-10-27
The National Bank of Moldova (BNM) has approved new basic insurance tariffs and adjustment factors for both domestic and foreign compulsory motor third-party liability insurance (CMTPL and Green Card), omnis reports, citing an official bank document.
More

by Marina MAGNAVAL, 2025-10-27
Total GWP on the domestic MTPL market for the first nine months of 2025 reached UAH 16.85 billion (~EUR 0.35 billion), which indicates an increase of 122.8% y-o-y. Meanwhile, the number of concluded contracts decreased by 5.7% to 5.4 million units, ?????????? writes, citing a report from the Motor Transport Insurance Bureau of Ukraine (MTIBU).
More

by Marina MAGNAVAL, 2025-10-27
The MTIBU (Motor Transport Insurance Bureau of Ukraine) made 4,487 regulatory payments from the Victim Protection Fund totaling UAH 242.7 million (~EUR 5.05 million) from July to September 2025, representing a 162% increase in number and a 155% increase in total amount y-o-y, according to the MTIBU report, Forinsurer reports.
More

by Marina MAGNAVAL, 2025-10-27
INSUR Asia, a meeting of insurance and reinsurance leaders in Asia, will be held as part of the FINNEXT Asia International Forum of Financial Innovations in Tashkent on November 20, 2025.
More

by Marina MAGNAVAL, 2025-10-27
WTW launches Captive Fit, an analytical and strategic service designed to help companies optimize their captive insurance arrangements, at a time where the captive insurance market is experiencing significant growth, the company said in its press release.
More

by Marina MAGNAVAL, 2025-10-27
E+S Rückversicherung AG, the Hannover Re subsidiary responsible for the Group's German business, is looking ahead with optimism to the coming 2026 financial year. Despite emerging signs of a softening market environment in property and casualty reinsurance, the company anticipates continued growth overall in a stable market environment for its upcoming 1 January renewals.
More

by Marina MAGNAVAL, 2025-10-27
Marsh McLennan and Bloomberg Media announced a strategic knowledge partnership powering select Bloomberg Media event properties, including Bloomberg New Economy Forum, Bloomberg New Economy Coalitions, Qatar Economic Forum, Bloomberg House at Davos and Bloomberg Invest New York.
More

by Marina MAGNAVAL, 2025-10-27
The net income of Chubb Limited for the quarter ended September 30, 2025 reached USD 2.80 billion, and core operating income amounted to USD 3.00 billion, the company said in its report.
More

by Marina MAGNAVAL, 2025-10-27
Aon announced the launch of a new AI-powered supply chain risk consulting offering, which builds upon Aon’s existing supply chain diagnostics and leverages predictive analytics to identify emerging risks and support businesses in proactively managing complex and interconnected supply chain risks with greater clarity, speed and foresight.
More

by Media XPRIMM, 2025-10-29
Insurance Europe, the European insurance and reinsurance federation, is calling on the European Commission to ‘stop the clock’ on the implementation of the Insurance Recovery and Resolution Directive (IRRD). This call comes amid the EU’s renewed focus on boosting competitiveness and simplifying regulatory requirements for European businesses — one of the EU’s top strategic priorities.
More

INTERVIEW

by Daniela GHETU, 2025-10-29
XPRIMM: Please introduce The Institutes CPCU Society and The Institutes Knowledge Group to our readers and what opportunities it offers insurance professionals. In particular, we would be interested to learn more about their European projects.
More


MARKETS & TRENDS

by Marina MAGNAVAL, 2025-10-27
Global insurance rates declined 4% in the third quarter, the fifth consecutive quarter of declines in Marsh’s Global Insurance Market Index. Rate decreases were experienced in all regions and most product lines. Growing competition among insurers, coupled with favorable reinsurance pricing, were the primary drivers for the rate decline along with increased market capacity.
More

by Media XPRIMM, 2025-10-30
The promise of autonomous mobility goes beyond technology — it marks a transformation in safety, comfort, and accessibility. With Level 3 vehicles already on European roads and Level 4 systems being tested in real conditions, the shift is well underway.
More


STATISTICS

by Daniela GHETU, 2025-10-30
According to data provided by HANFA – the Croatian Financial Services Supervisory Agency, at the end of September 2025 the total premium collected by the local insurers amounted to EUR 1.54 billion, of which EUR 0.24 billion (down 1.8% y-o-y) related to life insurance premium and EUR 1.29 billion (10.17% y-o-y growth) to non-life insurance premium.
More

by Daniela GHETU, 2025-10-30
At the end of September 2025, the insurance market of Montenegro totaled EUR 112.9 million, 10% more y-o-y, while the value of paid claims by insurers totaled EUR 45.84 million, up by 7.5% y-o-y, according to the quarterly market data released by Insurance Supervision Agency.
More

by Daniela GHETU, 2025-10-30
The Slovene insurance market grew by 22.7% in 3Q 2025, consolidated GWP reaching EUR 2.57 billion, according to data provided by the Slovenian Insurance Association. GWP for life insurance increased by 10.4%, to EUR 724.7 million, while non-life insurance also grew by 28.3%, to EUR 1.84 billion.
More


ON THE MOVE

by Daniela GHETU, 2025-10-29
The Board of Supervisors of the European Insurance and Occupational Pensions Authority (EIOPA) has decided to nominate Damian Jaworski for the role of Executive Director. Mr Jaworski is expected to take up the position on April 1, 2026, upon confirmation by the European Parliament.  

by Daniela GHETU, 2025-10-30
Allianz-?iriac Asigur?ri announces the appointment of Codru?a Furtun?, currently Sales and Distribution Director, as Deputy Chief Executive Officer. The nomination has been approved by the Financial Supervisory Authority (ASF) and will be registered with the National Trade Register Office.

by Marina MAGNAVAL, 2025-10-27
Aon, a leading global professional services firm, has appointed Andrew Secker as EMEA chief client officer (CCO) for Reinsurance Solutions and Daniele De Bosini as EMEA chief broking officer (CBO) for Reinsurance Solutions.

by Media XPRIMM, 2025-10-29
Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, announced that Andrew Aldwinckle is joining the business as International Casualty Chief Underwriting Officer (CUO), effective 1 February 2026. Based in London, Aldwinckle will oversee LM Re’s international casualty portfolio, reporting to Chantal Rodriguez, CUO, LM Re.


VIG

Omniasig

EVENTS

International Insurance Claims Conference
4 November 2025
Astoria Grand Hotel, Sofia, Bulgaria
Details: xprimmevents.com


International Insurance Conference of Moldova
18 November
Chisinau, Republic of Moldova


Click here to unsubscribe instantly. Thank you for being with us. This message was sent to .