News - Insurance
STATISTICS: BULGARIA, 3Q2025: Significant increase in the claims expenses, mostly driven by motor insurance lines
Bulgarian insurance market reported 3Q 2025 GWP worth BGN 3.94 billion (EUR 2.01 billion), up 12.97% y-o-y, according to the official quarterly figures published by the Financial Supervisory Commission.
STATISTICS: CESEE 3Q2025 UPDATE: An overall positive trend in GWP trends
The 17 CEE insurance markets listed in the XPRIMM database reached, at the end of September 2025, total GWP worth EUR 43.6 billion, 9.23% more y-o-y. Claims paid (not including Slovenia) increased by 4.4%, to EUR 21.76 billion.
Willis launches Global Digital Infrastructure Group to address full spectrum of data center risks
Willis, a WTW business, building on its newly unveiled data center risk management framework, announced the launch of its Global Digital Infrastructure Group led by Alastair Swift, Head of Willis Global Specialties.
Allianz confirms strong capital position and sets 2026 profit target at EUR 17.4 billion
Allianz Group delivered an outstanding performance in 2025, reporting excellent momentum across all business segments and achieving a record operating profit. Total business volume increased by 8.1% to EUR 186.9 billion, supported by solid contributions from Property & Casualty, Life/Health, and Asset Management operations.
Munich Re tops profit guidance, completes Ambition 2025 and eyes further growth in 2026
Munich Re Group delivered a strong full-year performance in 2025, surpassing profit expectations and successfully completing its Ambition 2025 strategic program. The Group reported a net result of EUR 6.1 billion, exceeding its original target and marking the fifth consecutive year of beating guidance.
STATISTICS: ARMENIA, FY2025: MTPL generates the largest share of premiums
The Armenian insurance sector grew by 17.08% in 2025, reaching AMD 84.73 billion (EUR 188.72 million). Paid claims rose by 11.53%, to AMD 48.91 billion (EUR 108.95 million). This enabled the annual net profit trend to shift from a decline to significant growth, according to data of the Financial Rating of Insurance Companies provided by ArmInfo.
Michael Lewis promoted to President, Marsh Risk Canada
Michael Lewis has been promoted to President, Marsh Risk Canada, effective April 1, Marsh, a global leader in risk, reinsurance and capital, people and investments, and management consulting, announced. Mr. Lewis succeeds Sarah Robson, who will continue to serve as Marsh Canada CEO.
Nick Fraccalvieri named CEO of Aon’s Global Facultative Reinsurance Division
Nick Fraccalvieri has been named CEO of global facultative for Aon’s Reinsurance Solutions, effective March 1, 2026, Aon, a leading global professional services firm, announced on its website.
Scott Henck appointed Senior Vice President, Chubb Group and Chief Actuary
Scott Henck, Executive Vice President and Chief Actuary, North America, has been appointed Senior Vice President, Chubb Group and Chief Actuary. He succeeds Paul O'Connell, who is retiring after a 40-year career in the property and casualty insurance industry. The appointment is effective April 1, Chubb announced.
Aegon reports FY2025 net result of EUR 980 million, up 45% compared with 2024
The Dutch insurer Aegon has reported net result of EUR 375 million in 2H2025, a decrease compared with EUR 741 million in the second half of 2024, as growth in the operating result is offset by non-operating items and other charges. Full-year 2025 net result was EUR 980 million, up 45% compared with 2024.
ARMENIA: Insurance sector net profit almost quadrupled in 2025
Armenia's insurance sector net profit in 2025 rose almost fourfold (vs a 71% decline a year ago), reaching AMD 2.9 billion (USD 7.7 million), ArmInfo reports.
Bosnia and Herzegovina: Bosnia's Federation insurers collect EUR 35.8 million in January
The insurance companies operating in Bosnia and Herzegovina’s Federation recorded total GWP of BAM 70 million (EUR 35.8 million) in January, up 7.7% on the year, according to the entity’s insurance supervision agency, SeeNews writes.
Completed acquisition of remaining shares in Polish subsidiaries from Meiji Yasuda to help Talanx further strengthen its position in the core market of Poland
Talanx AG has completed acquisition of the remaining shares in the Polish subsidiaries from Meiji Yasuda Life Insurance Company - Towarzystwo Ubezpieczeń i Reasekuracji Warta S.A. (24.3%) and Towarzystwo Ubezpieczeń Europa S.A. (50.0% minus one share), the company said.
Groupama Group recognized for the quality of its workplace relations in France and internationally
Groupama Group has received the ChooseMyCompany / Employees® certification in the Gold category, both in France and internationally, the Group announced on its website.
KAZAKHSTAN: Insurance market assets rise 25% in 2025
The insurance sector's performance in 2025 demonstrates steady growth amid an expanding premium volume and investment activity. Last year, the insurance market assets increased by 25.1% reaching KZT 3.9 trillion (~EUR 6.59 billion), according to Allinsurance.kz.
KAZAKHSTAN: Moody's Ratings assigns positive outlook to non-life insurance sector
Moody's Ratings has assigned a positive outlook to Kazakhstan's non-life insurance sector, reflecting favorable macroeconomic conditions, a strengthening regulatory environment, as well as high overall profitability, significant capitalization, and a high-quality investment portfolio of insurers, according to Allinsurance.kz.
KBC Group records an excellent net profit in the last quarter of 2025
Net interest income of KBC Group increased by 5% quarter-on-quarter in 4Q2025 and by 12% year-on-year in 2025. The net interest margin for the quarter under review amounted to 2.11%, up 7 basis points on the previous quarter and 3 basis points year-on-year, according to the Group’s press release.
KYRGYZSTAN: Insurance sector profitability sees positive dynamics in 2025
In 2025, total assets of the insurance sector increased by 9.0%, from KGS 12.7 billion to KGS 13.8 billion (~EUR 0.13 billion), according to the Service for regulation and supervision of the financial market of Kyrgyzstan.
TURKIYE: Fitch Ratings revises Anadolu Sigorta’s outlook to Positive from Stable
Fitch Ratings noted that Anadolu Anonim Turk Sigorta Sirketi's (Anadolu Sigorta), one of Turkiye's biggest insurers, has shown improved financial performance since 2023. The company’s return on equity was 34% in 2025 (vs 47% in 2024) and remained above inflation (31% in 2025; 44% in 2024), Middle East Insurance Review wrote.
UKRAINE: Arsenal Insurance expands its business by 60% in 2025
Arsenal Insurance celebrated its 20th anniversary in 2025 and entered the top-5 by GWP, collecting UAH 5.06 billion (~EUR 0.10 billion), which is 60% more y-o-y, Forinsurer reports.
26 February 2026