News - Insurance
XPRIMM's latest reports on CESEE & Eurasia, Georgia and Türkiye now available to browse online for free
The three new XPRIMM publications launched during the 2026 Baden-Baden Reinsurance Meeting are now available to browse online, free of charge, providing re/insurance professionals with updated market statistics, analyses, and insights into insurance industry developments across Central and Southeastern Europe and Eurasia.
GENERALI: Gregor Pilgram to lead Austria & CEE region under new Group structure
Generali Group has announced a reorganization of its insurance operations, effective January 1, 2027, which will see Austria and Central and Eastern Europe brought together under the leadership of Gregor Pilgram. He will also become CEO of Generali CEE Holding and join the Group Management Committee.
Munich Re: Thomas Blunck takes over P&C Reinsurance Europe & Latin America as Clarisse Kopff steps down
Munich Re has announced that Thomas Blunck (61) will assume responsibility for P&C Reinsurance Europe & Latin America, effective November 1, 2026, while retaining his position as CEO of Reinsurance.
POLAND: Berkshire Hathaway Specialty Insurance enters local market; appoints Carsten Keune as Country Manager
Berkshire Hathaway Specialty Insurance (BHSI) has announced its entry into the Polish insurance market and the appointment of Carsten Keune as Country Manager, Poland. The move marks another step in the company's expansion across Central and Eastern Europe (CEE).
Aon announces appointment of Leonora Siccardi as Global Chief Execution Officer, Risk Capital and Human Capital, effective immediately
Aon, a leading global professional services firm, has announced that Leonora Siccardi has been appointed Global Chief Execution Officer, Risk Capital and Human Capital, effective immediately.
Chubb announces leadership appointments within its Global Claims organization
Chubb has announced that Lisa Wilson has been named Head of North America Claims, overseeing all aspects of North America Commercial and Personal Lines claims and services, effective immediately. She will lead claim handling, technical execution and further embed digital capabilities into claims processes.
TÜRKİYE: Insurers reserve USD 40 million for flood damage across six provinces
Turkish insurers have set aside nearly TRY 2 billion (USD 40.4 million) to cover damage caused by severe rainfall and flooding that affected Istanbul and five other provinces in mid-October, according to the Insurance Association of Türkiye (TSB), quoted by Daily Sabah.
Aegon’s redomiciliation to the US expected to become effective in January 2028
Aegon has implemented important steps towards its future as an American-based company after its shareholders approved the company’s redomiciliation to the US at Aegon’s Extraordinary General Meeting of October 8, 2026.
Allianz SE, National Bank of Greece and Allianz Greece sign a share purchase and an exclusive bancassurance agreements
Allianz SE and National Bank of Greece (NBG) have signed a Share Purchase Agreement under which NBG will acquire a 30% minority equity stake in Allianz European Reliance (Allianz Greece), following the Memorandum of Understanding announced on May 7, 2026.
ARMENIA: MTPL loss ratio stands at 74.5% in January–September
In the Armenian insurance market, MTPL loss ratio stood at 74.5% from January to September of this year (vs 75.2% during the same period in 2025).
AXA’s Future Risks Report 2026 edition marks a turning point
For the first time since the AXA Future Risks Report was launched, risks related to artificial intelligence and big data rank first among experts, ahead of climate change. AI ranked fourth in 2025.
AZERBAIJAN: Azerbaijan implements projects to develop the insurance sector and improve its regulatory framework
Azerbaijan is implementing several projects to develop the insurance sector and improve its regulatory framework, including refining motor insurance pricing, updating legislation on compulsory property insurance, modeling earthquake risks, and improving the institutional structure of the agricultural insurance system, Trend reports.
Bosnia and Herzegovina: Bosnia's Federation insurers’ business expands by 4.5% in January-September
The insurance companies operating in Bosnia and Herzegovina’s Federation recorded combined GWP of BAM 628.6 million (EUR 321.4 million) in the first nine months of 2026, up 4.5% on the year, according to the entity’s insurance supervision agency.
Bosnia and Herzegovina: The Insurance Days of the Republic of Srpska (DORS 2026): Digitalization, new risks, and policyholder trust take center stage in the industry
The fifth, anniversary edition of the Insurance Days of the Republic of Srpska - DORS 2026 brought together representatives of the insurance industry, institutions, regulators and experts from the country and the region, to address key issues - from financial stability and digitalization to climate risks, insurance fraud and product development for electric vehicles.
Generali and the World Bank Group sign a Memorandum of Understanding to advance emerging markets investment solutions and relevant insurance offerings
Generali and the World Bank Group (WBG) have signed a Memorandum of Understanding during the Annual Meetings of the WBG and the International Monetary Fund in Bangkok, built on a shared commitment to mobilise private capital, strengthen resilience and expand targeted insurance and investment solutions across emerging markets.
Generali makes a significant step forward in the Group’s reinsurance strategy with the launch of Syndicate 2031 Red Bridge
Generali has debuted at Lloyd’s with the launch of Syndicate 2031 Red Bridge, receiving in-principle approval to begin its underwriting operations on the Lloyd’s platform in 2027, Generali said on its website.
GEORGIA: GPI Holding and VISA sign Memorandum of cooperation
GPI Holding, one of Georgia’s top five insurance companies, has signed a memorandum of cooperation with VISA. The partnership aims to provide holders of premium VISA cards with additional insurance-related benefits and exclusive insurance offers.
TURKIYE: S&P Global Ratings: Turkish P&C insurance sector's ROE to remain robust at above 30% over next two years
The Turkish property and casualty (P&C) market's return on equity (ROE) will remain robust at above 30% over the next two years, according to S&P Global Ratings (S&P).
TURKIYE: Turkiye takes over presidency of Turkic World Insurance Union; Mr Atilla Benli elected as President
Turkiye has taken over the presidency of Turkic World Insurance Union (TWIU), with Mr Atilla Benli elected as the President. The presidency rotated to Turkiye at the second TWIU general assembly held on 10th of October, which was hosted by the Turkish Insurance Association (TSB).
TÜRKİYE: Insurers reserve USD 40 million for flood damage across six provinces
Turkish insurers have set aside nearly TRY 2 billion (USD 40.4 million) to cover damage caused by severe rainfall and flooding that affected Istanbul and five other provinces in mid-October, according to the Insurance Association of Türkiye (TSB), quoted by Daily Sabah.
22 October 2026