News - Insurance
GEORGIA: Fitch affirms one of the market leaders - TBC Insurance at 'BB' with stable outlooks
Fitch Ratings has affirmed TBC Insurance JSC's Insurer Financial Strength (IFS) Rating and Long-Term Issuer Default Rating (IDR) at 'BB' with Stable Outlooks.
11 August 2026KBC Group records an excellent net profit of EUR 1 152 million in the second quarter of 2026
Net interest income of KBC Group in 2Q2026 increased by 8% quarter-on-quarter and by 20% year-onyear (17% year-on-year on an organic basis, i.e. excluding the recent acquisitions of 365.Bank and Business Lease).
11 August 2026MetLife’s net income in 2Q2026 rises 1% to USD 705 million
MetLife has announced an excellent second quarter. Premiums, fees and other income were USD 13.7 billion, up 7% compared with the prioryear quarter. Adjusted premiums, fees and other revenues, excluding pension risk transfers, were USD 13.0 billion, up 5%, the company said on its website.
11 August 2026NN Group reports strong commercial performance in the first half of 2026
NN Group’s operating capital generation in the first half of the year increased 5% to EUR 1,073 million, building on a strong prior-year base, supported by business growth in Europe. Well on track to achieve 2028 OCG target of EUR 2.2 billion, the Group said on its website.
11 August 2026UKRAINE: Arsenal Insurance maintain its top spot in MoD market in the first half of 2026
Arsenal Insurance recorded strong growth across its key business lines and maintained high financial stability in the first half of 2026, Forinsurer reports.
11 August 2026UKRAINE: GWP of the TAS Group rise 11.6% in the first half of the year
TAS Group, the leader in the Ukrainian non-life insurance market, collected UAH 3,857.1 million (~EUR 77.81 million) from January to June 2026, which is 11.6% more y-o-y, Forinsurer writes.
11 August 2026LITHUANIA: Crop damage due to extreme summer weather reach at least 50,000 hectares
In Lithuania, total crop damage due to extreme summer weather has reached at least 50,000 hectares, BELTA reports, citing Lithuanian media.
11 August 2026STATISTICS: BULGARIA 1Q 2026: market results affected by the exclusion of DallBogg from the official market statistics
Bulgarian insurance market reported Q1 2026 GWP worth EUR 695.75 billion, which is 0.4% less y-o-y, according to the official quarterly figures published on Financial Supervisory Commission website.
6 August 2026AM Best affirms Bosna Re ratings with stable outlook
AM Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of "bbb-" (Good) of Bosna Reosiguranje d.d. Sarajevo (Bosna Re). The outlook for both ratings remains stable.
6 August 2026Swiss Re: Velina Peneva appointed CEO L&H Re; Martin Zingg appointed Group CIO
Swiss Re appointed Velina Peneva, currently Group Chief Investment Officer, as CEO L&H Re, while Martin Zingg, currently Group Head Corporate Development & Capital Markets, was appointed Group Chief Investment Officer and member of the Group Executive Committee.
6 August 2026ROMANIA: Property insurance claims rise 19% in Q1 2026
Romanian insurers paid EUR 33.3 million in claims during Q1 2026 for the repair of insured properties, according to official data published by the Financial Supervisory Authority (ASF) and quoted by UNSAR. The amount is approximately 19% higher y-o-y, reflecting both the rising costs of unforeseen events and the increasingly important role of insurance in protecting property.
6 August 2026Sava Re shares rise on reports of KBC's interest in Slovenian market
Shares of Sava Re gained 4.51% over the past week on the Ljubljana Stock Exchange, amid market speculation that Belgian banking group KBC is considering a return to the Slovenian market, SeeBiz.eu wrote.
6 August 2026Swiss Re, 1H 2026: 9% increase in net income to USD 2.8 billion; full-year target confirmed at USD 4.5 billion
Swiss Re reported a net income of USD 1.3 billion for Q2 2026, bringing first-half net income to USD 2.8 billion. The result demonstrates improved earnings generation across all three Business Units, putting Swiss Re well on track towards its USD 4.5 billion full-year 2026 target.
6 August 2026Zurich reports record H1 2026 earnings driven by Specialty, Life and P&C growth
Zurich Insurance Group delivered a strong set of results for 1H 2026, reporting net income attributable to shareholders of USD 3.5 billion, up 14% y-o-y, while business operating profit (BOP) reached a record USD 4.8 billion, an increase of 13%.
6 August 2026STATISTICS: SLOVAKIA 1Q2026: positive evolution in underwriting and decreasing claims expenses on most lines
GWP by the insurers domiciled in Slovakia amounted, according to the official statistics of the Slovak National Bank, to EUR 615.9 million in Q1 2026, which is by 6.86% less y-o-y.
6 August 2026STATISTICS: SERBIA 1Q2026: motor and property insurance are setting the market trend
Serbian insurers ended 1Q2026 with total GWP worth RSD 50.22 billion (EUR 427.73 million), which is 11.4% more y-o-y, according to the end-quarter statistics published by the National Bank of Serbia (NBS).
6 August 2026STATISTICS: LATVIA 1Q2026: paid claims grew once again faster than premiums
Latvian insurers ended Q1 2026 with gross written premiums (GWP) worth EUR 403.84 million, 9.4% up y-o-y. Life insurance accounted for about 19.5% of this total, while motor insurance is the business segment with the largest participation to the market portfolio (~39% - MoD, MTPL and mandatory MTPL all together)
5 August 2026STATISTICS: CZECHIA, 1Q2026 (CNB): Strong growth, but still affected by claims inflation
According to the Czech National Bank data, Czech insurers ended Q1 2025 with GWP worth EUR 2.75 billion, 9.6% more y-o-y. Gross claims paid, including change in balance of technical provisions, have increased by 6.35%, to EUR 1.19 billion.
5 August 2026STATISTICS: BiH Q1 2025: almost 7% overall growth; in motor insurance, paid claims increase at a threefold higher pace than GWP
At the end of March 2026, the BiH insurance market totaled EUR 150.56 million (BAM 294.48 million), up by 6.94% y-o-y, as the local insurance agency – AZOBIH informed. At the same time, the value of claims paid by insurers expanded by 11.62% y-o-y to EUR 67.08 million.
5 August 2026UKRAINE: In 1H2026 MTPL market rises 7%, while Green Card market contracts by 1.52%
The Ukrainian MTPL market demonstrated positive dynamics across most key indicators in the first half of the year: GWP increased by 7% to UAH 11.74 billion (~EUR 0.24 billion), while paid claims rose by 95% to UAH 5.63 billion (~EUR 0.11 billion), Forinsurer writes, citing a report from the Motor Transport Insurance Bureau of Ukraine (MTIBU).
4 August 2026
