Italian Group Generali recognized as "Top performer" among European companies in providing governance-related information as well as in sustainability disclosure. The Group is in the European Top 10 of Webranking.

Polish insurance companies may be forced to increase MTPL rates for the first time since 2017, given the constant increase in the claims expenses, Gazeta Ubezpieczeniowa wrote, quoting Rankomat, a local comparison website. In Q2 2022, the average value of motor vehicle damage reached PLN 8,769.5, 5.2% up y-o-y.

Hurricane Ian and other extreme weather events such as the winter storms in Europe, flooding in Australia and South Africa as well as hailstorms in France and in the US resulted in an estimated USD 115 billion of natural catastrophe insured losses this year to date, according to Swiss Re Institute.

For 9 months of 2022, total GWP of Belarusian insurers amounted to BYN 1,358.45 million (EUR 567.06 million). The y-o-y increase was only about 3%, according to data published by the Ministry of Finance of the Republic.

According to the 3Q results, the insurance market of Uzbekistan grew by 69.51% y-o-y (in local currency), to UZS 4,462.28 billion (EUR 418.02 million), according to data published by the Insurance Market Development Agency under the Ministry of Finance.

Hartwig Loeger will become CEO of the Vienna Insurance Group, with Peter Hoefinger as his deputy starting 1 July 2023. At their own request, Elisabeth Stadler and Peter Thirring will not extend their mandates, which expire on 30 June 2023, due to planned retirements.

According to the January-September 2022 preliminary insurance market figures published by HAIC - Hellenic Association of Insurance Companies, at the end of Q3, the Greek insurance market totaled EUR 3.19 billion, up by only 0.3% y-o-y.

According to the quarter figures published by TSB - Association of Insurance and Reinsurance Companies of Turkey - at the end of September 2022 the local insurance market increased by 108% y-o-y reaching TRY 146.9 billion (~EUR 8.1 billion). In European currency, due to the exchange rates differences, the market change was only +18% y-o-y.

Worsening geopolitical and financial conditions have dented growth momentum in Central and Eastern Europe. A sharp growth slowdown is already underway as persistently high inflation is eroding consumer purchasing power, financial conditions tighten, and the impetus from reopening economies and pent-up demand fades, S&P Global Ratings noted in the new report "Central and Eastern Europe: Growth Freezes, Risks Mount".

In the third quarter of 2022, the MTIBU received 294 complaints against MTPL insurers, which is 19.1% less than in the second quarter (363), Forinsurer reports with reference to the MTIBU (Motor (Transport) Insurance Bureau of Ukraine).

In Tajikistan, by decision of the National Bank, a new company, DS Sugurta, began insurance activities, tj.sputniknews.ru reports referring to the press service of the Tajik regulator.

For the period from January to September 2022, insurance companies of Kyrgyzstan concluded 68,063 compulsory insurance contracts in the amount of KGS 126.87 billion (~EUR 1.61 billion), akchabar.kg writes with reference to the materials of the National Statistical Committee of the Kyrgyz Republic.

On November 14, the Board of Directors of the Croatian Financial Services Supervisory Agency (Hanfa) approved acquisition of 100% capital of Wustenrot Life Insurance (Wustenrot zivotnog osiguranja) by Merkur Insurance (Merkur osiguranja), osiguranje.hr reported referring to the agency.

The model legislative act "On the system of compulsory insurance of civil liability of owners of vehicles of the Union State" may be adopted before the end of this year, BELTA reports referring to Viktor Pinsky, Chairman of the Commission of the Parliamentary Assembly of the Union of Belarus and Russia on legislation and regulations.

In January-October 2022, 20 Azerbaijani insurers collected premiums in the amount of AZN 797.625 million (EUR 471.96 million), which is 13% more than a year earlier for the same period, ABC.AZ reports citing the Central Bank of Azerbaijan.

Full launch of health insurance in Armenia will be completed by 2027, ArmInfo wrote referring to the statement of the Minister of Health Anahit Avanesyan.

Every Czech has at least one insurance policy according to a Survey published by Czech Insurance Association - CAP, about the perceptions of the insurance industry and conducted by the independent research agency SC&C.

According to an announcement published on Ljubljana Stock Exchange website, David BENEDEK, Board Member, Zavarovalnica TRIGLAV will leave its position on 1 December 2022.

The GWP of Kosovo insurers increased by 11.3% y-o-y to EUR 98.3 million during January-September 2022 while total gross claims paid increased by 2.2% y-o-y to EUR 46.6 million, as official monthly figures published on the website of the Central Bank showed.

The insurance market of Bosnia and Herzegovina ended the first nine months of the current year with aggregate gross written premiums worth BAM 668.66 million (~EUR 341.88 million) vs. BAM 618.26 million (~EUR 316.11 million) a year before, according to the January-September 2022 market data published by AZOBiH - Insurance Agency of Bosnia and Herzegovina.