According to the Chairman of the Board of the Agricultural Insurance Fund of Azerbaijan Fuad Sadigov, the insurance service is readily accessible to 96% of the crop areas in Azerbaijan.

Bosnia's Federation-based insurer Grawe Osiguranje Sarajevo, a member of Austrian insurance group Grawe, in 2024 increased its net profit by 74% to BAM 6.1 million (EUR 3.1 million), SeeNews wrote.

Chubb, a world leader in insurance, announced that Ana Robic, Senior Vice President, Chubb Group and currently Division President of Personal Risk Services (PRS), Chubb North America, has been appointed Regional President of Europe, Middle East and Africa, the company said in its press release.

The total GWP collected by Croatian insurers in January of 2025 reached EUR 153.5 million, which is 10.17% higher y-o-y. Of that total, EUR 22.8 million (14.8%) relates to life insurance, and EUR 130.8 million (85.2%) – to non-life insurance, osiguranje.hr reports.

Hellenic Bank presented strong financial results for 2024, confirming its growth trend and strategic commitment to strengthening its position in the insurance sector of Cyprus, cyprusinsurancenews.com wrote.

In 2024, ERGO paid out EUR 212 million to customers in the Baltic States, of which EUR 56 million in Latvia, EUR 101 million in Lithuania, and EUR 55 million in Estonia, the Latvian Insurers Association (LAA) said in its press release.

Last year, over 250,000 insurance cases occurred, and insurance dispute statements were submitted to the conciliation body for 505 of them. 227 statements were related to motor third party insurance and 89 – to home insurance, which is 13% more y-o-y.

Munich Re in 2024 posted a net result of EUR 5,671 million, which is higher than the original profit target of EUR 5.0 billion.

Allianz announced its 4Q2024 and FY2024 results. In 2024 total business volume increased strongly by 11.2% to EUR 179.8 billion. Adjusted for foreign currency translation and consolidation effects, internal growth was 11.9%. The Life/Health business was the main growth driver, with strong contribution also from the Property-Casualty segment.

In 2024, the life insurance segment led in terms of growth among all segments of the financial market in Kazakhstan.

The Polish Chamber of Insurance announced that the 12th edition of its Congress will be held on May 21–22 at the Sheraton Sopot Hotel. The motto of this year's Congress will be "Competitiveness".

Swiss Re reported a net income of USD 3.2 billion in 2024, with a net income of USD 1.1 billion for the fourth quarter and a return on equity (ROE) of 15.0% for the full year. The Board of Directors will propose a dividend of USD 7.35 per share, the company said in its press release.

The Motor (Transport) Insurance Bureau of Ukraine (MTIBU) made 1,331 regulatory payments from the Victims Protection Fund in January 2025 for a total of UAH 75.7 million (~EUR 1.76 million). According to Forinsurer, the number of regulatory payments increased by 107% y-o-y, and the total amount of payments increased by 108%.

AXA announced its full year 2024 earnings. Gross written premiums & other revenues reached EUR 110 billion, up +8% y-o-y, the company said in its press release.

According to the unaudited consolidated reports for 4Q2024, Adris Grupa achieved total consolidated revenue of EUR 1.1 billion, which is 11% more y-o-y, the Group said in its press release.

The Slovene insurance market went down, overall, by almost 11% y-o-y in 2024, consolidated GWP reaching EUR 2.73 billion. While life insurance GWP grew by 5.7%, to EUR 885 million, the non-life segment saw a 17% depreciation of the GWP figure, to EUR 1.84 billion.

Survey results show that 8 out of 10 Romanians would choose a repair shop that has a contract with their MTPL insurer, ensuring a smoother claims process and predictable repair costs, sociological research by IRES showed.

Swiss Re’s commercial insurance arm announced today that Katie McGrath is appointed Chief Underwriting Officer. It also unveiled a new organisational structure to serve corporates and brokers more closely at country level with the introduction of Market Units.

The cost of vehicle repairs covered by MTPL insurance has continued to rise steadily over the past four years, according to a recent study by the Romanian Motor Insurers’ Bureau (BAAR) based on using data from the Audatex platform, incorporating over 650,000 repair estimates from service shops across Romania.

Munich Re has exceeded its profit targets for the fourth consecutive year, reporting a net result of EUR 5.7 billion for 2024, surpassing the initial guidance by EUR 700 million. Looking ahead, Munich Re aims for a net result of EUR 6 billion in 2025, bolstered by successful renewals as of January 1, 2025.