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XPRIMM News No. 752, 06 November 2025

Insurance Newsletter No. 752, 06 November 2025
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TOP NEWS

by Media XPRIMM, 2025-11-04
The 2025 edition of the International Conference on Insurance Claims – CLAIM THE FUTURE, co-organized by XPRIMM and Revauxy, took place in Sofia, Bulgaria, bringing together an exceptional lineup of industry leaders and innovators. The conference explored how insurers can transform claims from a cost burden into a strategic advantage — a true driver of customer trust, brand value, and operational excellence.
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by Marina MAGNAVAL, 2025-11-04
In the first nine months of 2025, Adris Grupa achieved total consolidated revenue of EUR 937 million, which is 11% more y-o-y. Revenue from sales of goods and services amounted to EUR 891 million (+12%), the group said on its website.
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by Daniela GHETU, 2025-11-06
In a country where traffic tests your reflexes - and patience - every day, a Romanian app developed by the Romanian Motor Insurers’ Bureau (BAAR) is proving that even the most stressful moments on the road can be handled differently: calmly, efficiently, and without the eternal search for a pen.
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by Daniela GHETU, 2025-11-06
UNIQA has launched UNIQA Sustainable Business Solutions in Southeast Europe, coordinated from Romania, to help companies strengthen resilience and adaptability amid climate change and increasing regulatory complexity, marking a key milestone in the Group’s regional sustainability and transformation strategy.
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by Media XPRIMM, 2025-11-06
On November 4, Generali Romania marked 190 years since the opening of its first agency on the territory of modern Romania, celebrating the milestone through a special event held at the Palace of Parliament in Bucharest.
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by Marina MAGNAVAL, 2025-11-04
ELEMENTAL STRATEGIC METALS Sp. z o.o. has entered into a comprehensive insurance agreement with a mutual insurance company from the PZU Group for a lithium-ion battery and catalytic converter recycling plant.
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by Marina MAGNAVAL, 2025-11-04
Shareholders of PZU Zdrowie, one of the largest nationwide healthcare providers, have decided to increase their stake by acquiring new shares in the company with a total value of PLN 380 million (~EUR 88.78 million), PZU said on its website.
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by Marina MAGNAVAL, 2025-11-04
GWP in Greece, according to the data of the survey conducted among 46 insurance companies for the period January to August 2025, saw an overall increase of 4.8% y-o-y, amounting to EUR 3.89 billion, insurancedaily.gr reports.
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by Marina MAGNAVAL, 2025-11-04
The Northern Cyprus insurance sector is open to international cooperation with Türkiye, the Organization of Turkic States, and European countries within the framework of international cooperation and education initiatives, as Chairman of the Northern Cyprus Insurance and Reinsurance Companies Association Borte Barlasoglu said at the "Turkic States InsurTech Summit 2025", Trend reports.
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by Marina MAGNAVAL, 2025-11-04
Total GWP is expected to double in Türkiye from USD 14.4 billion in 2021 to USD 30 billion by the end of 2025, as Secretary General of the Insurance Association of Türkiye (TSB) Ozgur Obali said at the "Turkic States InsurTech Summit 2025" held in Baku on October 28, Trend reports.
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by Marina MAGNAVAL, 2025-11-04
Azerbaijan and Türkiye have signed a Memorandum of Understanding (MoU) on strengthening mutual cooperation in the insurance sector, according to the Chairman of the Central Bank of Azerbaijan (CBA), Taleh Kazimov, Trend reports.
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by Marina MAGNAVAL, 2025-11-04
S&P Global Ratings has upgraded Nomad Life, Kazakhstan's largest life insurance company, to BBB- with a positive outlook. The company has thus achieved the same level as the sovereign rating of the Republic of Kazakhstan (BBB-/Positive), the insurer reports.
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by Marina MAGNAVAL, 2025-11-04
Based on the results of the first nine months of 2025, TAS Insurance Group, a market leader, increased its sales by 64.5% y-o-y. As of October 1, the company's GWP reached approximately UAH 5.72 billion (~EUR 0.12 billion), an all-time high for the Ukrainian insurance market, Forinsurer reports.
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by Marina MAGNAVAL, 2025-11-04
Revenue of WTW, a leading global advisory, broking and solutions company, was USD 2.29 billion for the third quarter of 2025, which was flat compared to USD 2.29 billion for the same period in the prior year due to the sale of TRANZACT, the company said in its report on financial results for the third quarter ended September 30, 2025.
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by Marina MAGNAVAL, 2025-11-04
SCOR records EUR 217 million net income (EUR 211 million adjusted) in Q3 2025, driven by all business activities. Over the first nine months of 2025, SCOR reports a net income of EUR 642 million (EUR 631 million adjusted), implying an annualized Return on Equity of 19.9% (19.5% adjusted), the company’s press release said.
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by Marina MAGNAVAL, 2025-11-04
Following the Supervisory Review and Evaluation Process (SREP) performed for 2025, the fully loaded overall CET requirement for KBC Group (under the Danish Compromise) has been lowered from 10.88% as of 4Q24 (SREP 2024) to 10.85% as of 3Q25 (SREP 2025), according to the Group’s press release.
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by Marina MAGNAVAL, 2025-11-04
In 9M2025 AXA’s total gross written premiums and other revenues were up 7% to EUR 89.4 billion, Property & Casualty premiums were up 5% to EUR 46.2 billion, Life & Health premiums were up 9% to EUR 42.3 billion, AXA said in its “9M25 Activity Indicators” report.
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by Marina MAGNAVAL, 2025-11-04
Aon, a leading global professional services firm, delivered another quarter of strong performance, including 7% total revenue growth and 7% organic revenue growth. According to the report, Aon continues to execute its United strategy through the 3x3 Plan to meet client demand.
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by Marina MAGNAVAL, 2025-11-04
American International Group (AIG) will acquire a 35% equity interest for approximately USD 2.1 billion in Convex Group, a leading global specialty insurer with exceptional underwriting capabilities. According to the press release, AIG will participate in a whole account quota share of Convex’s business from January 1, 2026.
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by Marina MAGNAVAL, 2025-11-04
American International Group (AIG) has entered into definitive agreements to acquire the renewal rights for a majority of Everest Group Ltd.’s retail insurance portfolios worldwide, representing in aggregate approximately USD 2 billion of premium. Exposure to all liabilities will remain with Everest, who will also continue to administer claims with respect to its policies, AIG said.
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TOP EVENT

by Media XPRIMM, 2025-11-06
On 18 November, the 2025 Insurance Conference of the Republic of Moldova will bring together in Chisinau policymakers, regulators, insurers, and international experts to discuss the country’s progress and priorities in aligning its insurance market with European regulatory standards and building a sustainable, competitive market framework.
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INTERVIEW

by Daniela GHETU, 2025-11-06
“Our goal is a reliable, stable, and effective insurance ecosystem - one that protects consumers, supports sustainable growth, and strengthens Türkiye’s economic resilience. We will continue to regulate with foresight, supervise with precision, and innovate responsibly.”
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EIOPA NEWS

EIOPA supports the NGFS Declaration on the Economic Cost of Climate Inaction
by Media XPRIMM, 2025-11-06
As an active member of the Network for Greening the Financial System (NGFS), the European Insurance and Occupational Pensions Authority (EIOPA) announced the release of the NGFS Declaration on the Economic Cost of Climate Inaction on the occasion of the 2025 United Nations Climate Change Conference (COP30) in Belém, Brazil.

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STATISTICS

by Daniela GHETU, 2025-11-06
According to the quarter figures published by the Insurance Association of Türkiye - at the end of September 2025 the local insurance market increased by 50.2% y-o-y reaching TRY 856.83 billion (~EUR 17.54 billion). In European currency, due to about 28% depreciation of the Turkish Lira against Euro throughout the last 12 months, the market change was +17.6% y-o-y.
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VIG

Omniasig

EVENTS

Insurance Conference of the Republic of Moldova 2025
18 November 2025
Hotel Radisson Blu Leogrand, Chisinau
Link: xprimmevents.com



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