News - Insurance
STATISTICS: UZBEKISTAN, 1H2026: The market sees a rise in GWP, paid claims, number of policies and charter capital
Uzbekistan's insurance sector grew by 28.63% y-o-y in the first half of 2026, reaching a total of UZS 8.02 trillion (EUR 583.07 million). Total paid claims amounted to UZS 2.25 trillion (EUR 163.80 million), which is 80.91% more y-o-y in local currency, according to data published by the National Agency for Prospective Projects of the Republic of Uzbekistan (NAPP).
14 September 2026KAZAKHSTAN: Life insurance penetration in the country's economy stands at approximately 1% of GDP but holds significant potential for further growth
In the first seven months of 2026, total GWP in the Kazakh market reached KZT 1.1 trillion (~EUR 2,084 million), a 15.77% increase y-o-y.
14 September 2026KAZAKHSTAN: S&P Global Ratings upgrades Eurasia Insurance to 'BBB+' and Eurasia Life to 'BBB'. Outlook stable
S&P Global Ratings raised its long-term issuer credit and insurer financial strength ratings on Eurasia Insurance Co. to ‘BBB+’ from ‘BBB’. Eurasia Insurance Company is the leading insurer in the market of Kazakhstan.
14 September 2026Willis: Trevor Madden appointed as Head of Captive and Insurance Management Solutions, Asia Pacific effective 1 November
Willis, a WTW business, appointed Trevor Madden as Head of Captive and Insurance Management Solutions, Asia Pacific, effective 1 November 2026, the company said on its website.
14 September 2026ROMANIA: Allianz-Țiriac announces changes to its executive management team
Allianz-Țiriac has announced several changes to its executive management team, with Aurel Badea set to leave the company at the end of 2026, Adriana Matache taking over responsibility for the technical area, and Andrei Rubeli joining the insurer as Chief Financial Officer (CFO).
14 September 2026EIOPA calls for minimum EU standards for insurance guarantee schemes
EIOPA has submitted technical advice to the European Commission proposing minimum common standards for insurance guarantee schemes (IGS) across the EU, aiming to reduce current differences in policyholder protection in the event of an insurer's failure, the institution said on its website.
10 September 2026Insurance Europe’s Reinsurance Advisory Board appoints Hannover Re’s Jungsthöfel and PartnerRe's Meyenhofer in leadership transition
Clemens Jungsthöfel, Chief Executive Officer of Hannover Re, has been appointed Chair of Insurance Europe’s Reinsurance Advisory Board (RAB) for the 2026–2027 period. Philippe Meyenhofer, Chief Executive Officer of PartnerRe, has been appointed Vice-Chair.
10 September 2026ROMANIA: AGRA reports agricultural claims notifications more than doubled since 2021
The number of agricultural claims notifications recorded by AGRA Asigurari has more than doubled over the past four years, while the affected agricultural area increased by over 130%, highlighting the growing impact of weather-related risks on Romanian farming.
10 September 2026STATISTICS: KOSOVO 1H2026: MTPL insurance drives market growth
The insurance market of Kosovo totaled EUR 86.5 million at the end of H1 2026, 3.84% more y-o-y, according to data provided by the Central Bank (CBK).
10 September 2026AXA partners with Publicis Sapient to scale AI across the Group
AXA has entered into a strategic partnership with Publicis Sapient to accelerate the deployment of its Global AI Hub, a Group-wide platform designed to support the secure and responsible use of AI agents across its operations.
10 September 2026CROATIA: New legislation to introduce recovery and resolution framework for insurers
Croatia is preparing significant changes to its insurance regulatory framework, including the introduction, for the first time, of a dedicated recovery and resolution regime for insurance and reinsurance companies, osiguranje.hr wrote quoting top representatives of the Croatian Ministry of Finance.
10 September 2026RVS 2026: Hannover Re expects slightly softer P&C reinsurance pricing at January 2027 renewals
Hannover Re expects the increasingly competitive P&C reinsurance market to bring slightly lower prices at the 1 January 2027 renewals, although terms and conditions should remain broadly stable and pricing generally risk-adequate. The reinsurer nevertheless sees attractive opportunities for selective, profitable growth.
10 September 2026SLOVENIA: Vzajemna and Groupama partner on insurance distribution in Slovenia and Croatia
Slovenian insurer Vzajemna has signed a cooperation agreement with the Slovenian and Croatian subsidiaries of French insurance group Groupama, establishing a cross-border partnership for the distribution of insurance products, Vzajemna announced through the Ljubljana Stock Exchange.
10 September 2026RENOMIA substantially expands in Austria through strategic investment in KOBAN and becomes one of the largest corporate insurance brokers in the country
RENOMIA, one of the top insurance brokerage and risk management groups in the CEE region, has become the strategic shareholder of the Austrian insurance brokerage group KOBAN.
9 September 2026STATISTICS: BELARUS, 1H2026: Non-life insurance generates 88% of total GWP
In the first half of 2026, the Belarusian insurance sector generated BYN 1,554.82 million (EUR 469.11 million), which is 9.90% more y-o-y, according to data published by the Ministry of Finance. It is noteworthy that market growth in European currency was in the double digits.
8 September 2026STATISTICS: GEORGIA, 1H2026: Health insurance leads the market in terms of GWP and paid claims
In the first half of 2026, Georgia's insurance market grew by 15.95% in local currency, reaching GEL 930.03 million (EUR 308.41 million), according to data published by the State Insurance Supervision Service of Georgia.
8 September 2026STATISTICS: KYRGYZSTAN, 1H2026: Top five companies generate over 63% of all premiums
In the first half of 2026, Kyrgyzstan's insurance sector generated KGS 5,553.47 million (EUR 55.71 million), which is 40.17% more y-o-y, according to data published by the Service for regulation and supervision of the financial market of Kyrgyzstan
8 September 2026AIG elects John Rice as Chair of the Board of Directors, Peter Zaffino to step down as Executive Chair effective September 15, 2026
Peter Zaffino has informed the AIG Board of Directors that he will step down as Executive Chair and a member of the Board of Directors, effective September 15, 2026, American International Group (AIG) announced.
8 September 2026Marsh appoints Laurent Rousseau as Head of International and Andrew Hare as Chief Executive Officer of Japan, Marsh Re
Laurent Rousseau has been appointed as Head of International, Marsh Re, effective immediately, Marsh, a leading global professional services firm, announced.
8 September 2026STATISTICS: UKRAINE, 1H2026: Paid claims rise 2.6 times faster than premiums
Ukraine's insurance market grew by 16.41% in the first half of 2026, reaching UAH 38.70 billion (EUR 756.41 million). Non-life insurance generated over 92% of the total. Paid claims increased by 43.32% to approximately UAH 17.42 billion (EUR 340.41 million), according to data from the National Bank of Ukraine (NBU).
8 September 2026
