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XPRIMM News No. 754, 20 November 2025

Insurance Newsletter No. 754, 20 November 2025
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TOP NEWS

by Daniela GHETU, 2025-11-20
Based on the outstanding Q1-Q3 Group result before taxes of about EUR 873 million (more than plus 30% compared to the previous period), Vienna Insurance Group expects the full-year Group result before taxes to exceed the previously communicated range of EUR 950 million to EUR 1 billion.
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by Daniela GHETU, 2025-11-18
Today the capital city of the Republic of Moldova is hosting the 2025 edition of the Insurance Conference of the Republic of Moldova. Policymakers, regulators, insurers, and international experts will discuss the country’s progress and priorities in aligning its insurance market with European regulatory standards and building a sustainable, competitive market framework.Co-organized by BNAA – the National Motor Insurers Bureau of Moldova and XPRIMM, the event also benefits from the support of the National Bank of Moldova and the National Commission for Financial Markets.
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by Marina MAGNAVAL, 2025-11-18
Turkiye Sigorta, the non-life leader, reported that its unaudited gross premiums from January to the end of October 2025 rose by 45% compared to the corresponding period last year, Middle East Insurance Review reports.
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by Marina MAGNAVAL, 2025-11-18
ARX continued to grow steadily in the Ukrainian market in the first nine months of 2025, maintaining its leadership position, high profitability, and stability. ARX demonstrated 37% market growth, which allows the company to maintain its market share in a highly competitive environment, Forinsurer reports.
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by Marina MAGNAVAL, 2025-11-18
This fall, SNS RATINGS agency officially announced assignment of the highest solvency and reliability rating of AAA to O‘ZBEKINVEST, a top-three non-life insurer, with a stable outlook, according to the insurance company.
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by Marina MAGNAVAL, 2025-11-18
Swiss Re reported a profit of USD 1.4 billion for the third quarter of 2025, resulting in a net income of USD 4.0 billion and a return on equity (ROE) of 22.5% for the first nine months of the year (vs USD 2.2 billion and 13.3% for the same period in 2024).
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by Marina MAGNAVAL, 2025-11-18
In 3Q2025, Munich Re generated a net result of EUR 1,997 million (EUR 907 million), and EUR 5,176 million (EUR 4,623 million) in Q1–3. Insurance revenue from insurance contracts issued fell to EUR 14,575 million (EUR 15,496 million) and to EUR 45,162 million (EUR 45,510 million) in Q1–3, due primarily to negative currency translation effects.
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by Daniela GHETU, 2025-11-20
Premiums written at UNIQA Insurance Group AG, including savings portions from unit-linked and index-linked life insurance, rose by 9.2% to EUR 6,411 million in the first nine months of 2025 compared with the same period of the previous. Significant contributions to growth came from all segments, especially property and casualty insurance. The health and life insurance business lines also posted solid gains.
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by Marina MAGNAVAL, 2025-11-18
The Talanx Group has increased its nine-month Group net income to a record EUR 1,964 (1,592) million and, based on this, is lifting its full-year forecast of roughly EUR 2.3 billion – which it already raised after the first half of the year – to more than EUR 2.4 billion, the Group said in its report.
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by Daniela GHETU, 2025-11-20
OAK Global, a leading risk partner, announced this week that it has received permission to underwrite from Lloyd’s for Syndicate 1440. The new syndicate will operate as the strategic business unit OAK Enterprise, providing property and specialty retrocession capacity to clients for business incepting from 1st January 2026.
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by Marina MAGNAVAL, 2025-11-18
For the second year in a row, MetLife earned a coveted place among the Fortune World’s 25 Best Workplaces — placing No. 10 on this year’s prestigious list. Awarded to only 25 companies worldwide, this recognition reflects the company’s unwavering commitment to its people, customers and the communities it serves, the company said.
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ON THE MOVE

by Marina MAGNAVAL, 2025-11-18
Willis, a WTW business, has appointed Louie Clarke as Global Head of Claims Strategy & Execution within the company’s Risk & Broking business, according to the press release.

by Marina MAGNAVAL, 2025-11-18
Lloyd’s, the world’s leading insurance and reinsurance market for global risk, has announced changes to its Council membership following elections to fill two working member vacancies, the company said in its press release.

INSURANCE EUROPE NEWS

by Daniela GHETU, 2025-11-20
The European Commission (EC)’s proposals, published as part of the Savings and Investments Union (SIU) Strategy, are important steps toward further developing supplementary pensions across the EU.
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MARKETS & TRENDS

by Marina MAGNAVAL, 2025-11-18
Global health insurance costs are projected to rise by over 10% again next year, as healthcare inflation continues to rise following steep cost increases in recent years, the WTW’s 2026 Global Medical Trends Survey says.
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by Daniela GHETU, 2025-11-20
The global economy is entering a new strategic phase shaped by ageing populations, accelerating AI adoption and the return of large-scale industrial policy, according to Swiss Re Institute’s latest sigma report “Shifting Sands – Global Economic and Insurance Market Outlook 2026–2027.” These structural shifts will keep inflation above pre-pandemic levels and moderate global growth, expected to stabilize at around 2.5–2.6% between 2026 and 2027.
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STATISTICS

by Daniela GHETU, 2025-11-20
Bulgarian insurance market reported 1H 2025 GWP worth BGN 2.73 billion (EUR 1.39 billion), up 17% y-o-y, according to the official quarterly figures published on Financial Supervisory Commission.
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by Daniela GHETU, 2025-11-20
Romanian insurance market ended 1H2025 with gross written premium worth EUR 2.43 billion, by 6.3% more y-o-y. Life insurance totaled GWP of EUR 508.8 million, 18.3% up y-o-y, its share in the market portfolio increasing by 2 percentage points, to 20.94%. The non-life segment increased by 3.5%, to EUR 1.92 billion. The results include both domestic insurers and FOE/FOS players’ business results.
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by Marina MAGNAVAL, 2025-11-18
The insurance sector as of September 30, 2025, amounted to KGS 7,465.35 million (EUR 72.85 million), which is 99.88% more y-o-y, as data published by the Service for regulation and supervision of the financial market of Kyrgyzstan show.
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by Marina MAGNAVAL, 2025-11-18
Total GWP for the first nine months of the year amounted to TJS 310.5 million (EUR 28.21 million), which is 8.95% more y-o-y. It’s worth noting that in euros the market growth was double-digit thanks to a more favorable exchange rate compared to 3Q2024.
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