News - Insurance












4th Georgian Evening at Baden-Baden 2026 announced for 20 October

The 4th Georgian Evening at Baden-Baden 2026, an exclusive reception bringing together Georgian insurance executives and international (re)insurance professionals during the annual Baden-Baden Reinsurance Meeting, will take place on 20 October, starting 21.00 hours.

NORTH MACEDONIA: Alta Grupa takes over ZOIL Makedonija AD Bitola

Alta Group, owned by entrepreneur Davor Macura, has acquired insurer ZOIL Makedonija AD Bitola, becoming the owner of all its shares, osiguranje.hr wrote. Following the acquisition, the insurer was renamed Alta Osiguranje AD Skopje. Once the regulatory procedures are completed, the company will offer non-life insurance products.




STATISTICS: AZERBAIJAN, 1H2026: Life insurance market share nearly 60%

In 1H2026, the Azerbaijani insurance market totaled AZN 867.40 million (EUR 447.99 million), a 6.16% increase y-o-y, according to data published by the Central Bank of Azerbaijan. Total paid claims for the reporting period amounted to AZN 549.68 million (~EUR 283.90 million), representing a 27.18% y-o-y increase.

STATISTICS: KAZAKHSTAN, 1H2026: Life insurance growth exceeds 50%

Kazakhstan's insurance sector grew by 17.66% in the first half of 2026, reaching KZT 1,066.75 billion (EUR 1,925.44 million), according to data published by the National Bank. Total paid claims increased by 24.62%, reaching KZT 259.13 billion (EUR 467.72 million).