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XPRIMM News No. 756, 04 December 2025

Insurance Newsletter No. 756, 04 December 2025
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TOP NEWS

by Media XPRIMM, 2025-12-04
Vienna Insurance Group (VIG) shared its plans for the next three years under the strategic Group program, evolve28.Five quantitative targets were set to guide the next three years, focusing on strengthening the Group’s market leadership in Central and Eastern Europe, boosting premiums and profit, and advancing the local strategies of its 50 companies.
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by Marina MAGNAVAL, 2025-12-03
The insurance market in Bulgaria has demonstrated sustainable growth in recent years. One of the main challenges is the pace of economic development, another challenge is related to the lack of qualified personnel in the sector, stated Nikolay Stanchev, Chairman of the Board of the Association of Bulgarian Insurers (ABZ).
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by Marina MAGNAVAL, 2025-12-03
Total GWP collected by Croatian insurers in the first 10 months of 2025 amounted to EUR 1.7 billion, or 7.9% more y-o-y, osiguranje.hr writes with reference to HANFA’s (Croatian Financial Services Supervisory Agency) report.
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by Daniela GHETU, 2025-12-04
GrECo Group, the leading independent risk advisor and insurance broker in Central and Southeastern Europe, has announced the opening of a new GrECo Specialty branch dedicated to marine insurance in Pore?, Croatia.
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by Daniela GHETU, 2025-12-04
Insurance companies in Romania paid out RON 300 million (EUR 59 million) in 1H 2025 for claims related to fires and natural disasters affecting businesses and households - an increase of roughly 63% compared with the same period in 2024, the insurers’ association said in a press release.
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by Marina MAGNAVAL, 2025-12-03
The market is dominated by non-life insurance with 83.7%, said Željko Jovi?, Vice Governor of the NBS (National Bank of Serbia), at the 9th Serbian Insurance Days which took place on November 26 and 27 at the Zlatibor Hotel in Zlatibor.
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by Daniela GHETU, 2025-12-04
The Institutes CPCU Society has announced the creation of two new international chapters - the Romania CPCU Society Chapter and the West Africa CPCU Society Chapter. These are the first new CPCU Society chapters established in 20 years, marking a significant milestone in the organization’s global growth strategy.
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by Marina MAGNAVAL, 2025-12-03
Ethniki Insurance is entering a new and dynamic era of growth following the successful completion of its acquisition by Piraeus Bank Group. With the support, expertise and infrastructure of the important financial Group, Ethniki Insurance is expected to further strengthen its growth and accelerate its transformation, insuranceforum.gr writes.
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by Marina MAGNAVAL, 2025-12-03
In January-October 2025, Azerbaijani insurance companies collected AZN 1.256 billion (~EUR 0.64 billion), which indicates a 12.9% increase y-o-y, ABC.AZ reports, citing the Central Bank of Azerbaijan.
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by Marina MAGNAVAL, 2025-12-03
The life insurance sector continued to accelerate, driven by robust demand for voluntary personal insurance products, rising wages and employment, active digitalization of the industry, and overall improved insurance literacy.
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by Marina MAGNAVAL, 2025-12-03
An Agricultural Insurance Fund will be created in Uzbekistan to protect producers from natural and man-made risks, uzdaily reports, citing a government statement.
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by Marina MAGNAVAL, 2025-12-03
From January to September of this year, total income of 18 insurance companies operating in the market more than doubled y-o-y, reaching KGS 8.3 billion (~EUR 81 million). The bulk of this amount (almost 90% of the total) came from insurance premiums, according to the National Statistical Committee of the Kyrgyz Republic.
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by Marina MAGNAVAL, 2025-12-03
Based on the Q1–Q3 result, VIG Management has increased the expected range for the Group’s result before taxes 2025 to EUR 1.10–1.15 billion, the Group said in its press release.
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by Marina MAGNAVAL, 2025-12-03
S&P Global Ratings has upgraded the ratings of three core entities of the UNIQA Group: UNIQA Österreich Versicherungen AG, the reinsurance company UNIQA Re AG (Zurich), and UNIQA Poland (UNIQA Towarzystwo Ubezpieczen S.A.) are now rated “A+”, the company announced.
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by Marina MAGNAVAL, 2025-12-03
One year after launching the “UNIQA 3.0 – Growing Impact 2025 - 2028” strategic programme, the Management Board of UNIQA gave a positive interim assessment at a capital market update in Vienna and London and set more ambitious financial targets.
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by Marina MAGNAVAL, 2025-12-03
AXA has completed the acquisition of a majority stake in Prima, the leader in the direct distribution channel in Italy.
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STATISTICS

by Daniela GHETU, 2025-12-04
In the first three quarters of 2025, gross written premiums (GWP) in Albania's insurance market reached ALL 20.18 billion, marking a 10.37% increase y-o-y. In European currency, due to the appreciation of the Albanian Lek against Euro, the market growth was of 12.6%, to EUR 208.46 million.
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by Daniela GHETU, 2025-12-04
The insurance market of Kosovo totaled EUR 128.2 million at the end of Q3 2025, 6.27% more y-o-y, according to data provided by the Central Bank (CBK). The Bank ceased providing results for the life insurance business, which means this figure is related exclusively to the non-life business.
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by Daniela GHETU, 2025-12-04
GWP by the Slovak insurers amounted, according to data provided by the SLASPO - Slovak Insurance Association, to EUR 2.4 billion in the first three quarters of 2025, which is by 7.4% more y-o-y.
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by Marina MAGNAVAL, 2025-12-03
At the end of 3Q2025, Georgia's insurance market grew by 11.77% in local currency, reaching GEL 1,098.25 million (EUR 346.02 million), according to data published by the State Insurance Supervision Service of Georgia.
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by Marina MAGNAVAL, 2025-12-03
According to the National Bureau of Statistics, Moldova's insurance sector totaled MDL 2,443.91 million at the end of 3Q2025, up only 0.9% y-o-y (EUR 124.63%).
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ON THE MOVE

by Daniela GHETU, 2025-12-04
Swiss Re announced that Nicole Pieterse, currently Swiss Re's Head Human Resources for Property & Casualty Reinsurance (P&C Re), will become Chief People Officer effective 1 January 2026. She will be taking over from Cathy Desquesses, who will step down for personal reasons.

by Marina MAGNAVAL, 2025-12-03
After twelve years with the company, including four years as a member of the Executive Board, Chief Risk Officer Michiel Delfos has decided to step down as a member of Achmea’s Executive Board in 2026, according to the company’s press release.


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EVENTS

XPRIMM Time for Business - Romanian Insurance Market in 2026
6 February 2026
Sheraton Hotel, Bucharest, Romania


ExploRe & ReConnext Global (Re)Insurance Summit
29 March - 1 April, 2026
Gloria Golf Hotel, Antalya, Türkiye
More details:  reconnextconference.com

27th International Insurance Reinsurance Forum - FIAR
24-26 May 2026
International Hotel, Sinaia, Romania
fiar.ro

International Insurance Conference of Azerbaijan
18 - 19 June 2026
Baku, Azerbaijan

Rendez-Vous de Septembre
5 – 9 September 2026
Monte Carlo, Monaco
Details: rvs-monte-carlo.com

Baden-Baden Reinsurance Meeting
18 - 22 October 2026
Baden-Baden, Germany
baden-baden-reinsurance.com


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