News - Insurance
STATISTICS: SLOVAKIA, 3Q2025: GWP by SLASPO members increased by almost 7.4% y-o-y
GWP by the Slovak insurers amounted, according to data provided by the SLASPO - Slovak Insurance Association, to EUR 2.4 billion in the first three quarters of 2025, which is by 7.4% more y-o-y.
With GWP of EUR 867.34 million (up by 3.96% y-o-y), life insurance accounts for close to 36% of the total GWP amount, a portfolio share that decreased y-o-y by over 1 percentage point. Growth on the non-life side was 9.42% y-o-y, to GWP of EUR 1.53 billion. The highest contribution to the market growth came from the motor and property insurance lines.
Access xprimm.com and download the Slovak insurance market statistics released by SLASPO and SNB.
With GWP of EUR 867.34 million (up by 3.96% y-o-y), life insurance accounts for close to 36% of the total GWP amount, a portfolio share that decreased y-o-y by over 1 percentage point. Growth on the non-life side was 9.42% y-o-y, to GWP of EUR 1.53 billion. The highest contribution to the market growth came from the motor and property insurance lines.
Access xprimm.com and download the Slovak insurance market statistics released by SLASPO and SNB.
4 December 2025Romania, UNSAR: Compensation for damaged property surges by over 60%
Insurance companies in Romania paid out RON 300 million (EUR 59 million) in 1H 2025 for claims related to fires and natural disasters affecting businesses and households - an increase of roughly 63% compared with the same period in 2024, the insurers’ association said in a press release.
4 December 2025STATISTICS: KOSOVO 3Q2025: improving profitability and premiums production
The insurance market of Kosovo totaled EUR 128.2 million at the end of Q3 2025, 6.27% more y-o-y, according to data provided by the Central Bank (CBK). The Bank ceased providing results for the life insurance business, which means this figure is related exclusively to the non-life business.
4 December 2025STATISTICS: ALBANIA, 3Q2025: Business remained on the previously established positive trend
In the first three quarters of 2025, gross written premiums (GWP) in Albania's insurance market reached ALL 20.18 billion, marking a 10.37% increase y-o-y. In European currency, due to the appreciation of the Albanian Lek against Euro, the market growth was of 12.6%, to EUR 208.46 million.
4 December 2025CPCU Society launches first new chapters in two decades, expanding footprint to Romania and West Africa
The Institutes CPCU Society has announced the creation of two new international chapters - the Romania CPCU Society Chapter and the West Africa CPCU Society Chapter. These are the first new CPCU Society chapters established in 20 years, marking a significant milestone in the organization’s global growth strategy.
4 December 2025GrECo Group expands its marine insurance footprint with new specialty branch in Poreč, Croatia
GrECo Group, the leading independent risk advisor and insurance broker in Central and Southeastern Europe, has announced the opening of a new GrECo Specialty branch dedicated to marine insurance in Poreč, Croatia.
4 December 2025Swiss Re appoints Nicole Pieterse as Chief People Officer
Swiss Re announced that Nicole Pieterse, currently Swiss Re's Head Human Resources for Property & Casualty Reinsurance (P&C Re), will become Chief People Officer effective 1 January 2026. She will be taking over from Cathy Desquesses, who will step down for personal reasons.
4 December 2025VIG’s new 3 years strategy sets ambitious targets for next three years; Growth, higher profit and increasing dividends are the focus points
Vienna Insurance Group (VIG) shared its plans for the next three years under the strategic Group program, evolve28.Five quantitative targets were set to guide the next three years, focusing on strengthening the Group’s market leadership in Central and Eastern Europe, boosting premiums and profit, and advancing the local strategies of its 50 companies.
4 December 2025STATISTICS: GEORGIA, 3Q2025: Health insurance generates almost 44% of the total GWP
At the end of 3Q2025, Georgia's insurance market grew by 11.77% in local currency, reaching GEL 1,098.25 million (EUR 346.02 million), according to data published by the State Insurance Supervision Service of Georgia.
3 December 2025STATISTICS: MOLDOVA, 3Q2025: Premiums remained almost flat, while paid claims grew by 16%
According to the National Bureau of Statistics, Moldova's insurance sector totaled MDL 2,443.91 million at the end of 3Q2025, up only 0.9% y-o-y (EUR 124.63%).
3 December 2025Achmea: Michiel Delfos to step down as a member of the Executive Board in 2026
After twelve years with the company, including four years as a member of the Executive Board, Chief Risk Officer Michiel Delfos has decided to step down as a member of Achmea’s Executive Board in 2026, according to the company’s press release.
3 December 2025AXA completes the acquisition of a majority stake in Prima in Italy
AXA has completed the acquisition of a majority stake in Prima, the leader in the direct distribution channel in Italy.
3 December 2025AZERBAIJAN: In January-October the market rises by almost 13% y-o-y
In January-October 2025, Azerbaijani insurance companies collected AZN 1.256 billion (~EUR 0.64 billion), which indicates a 12.9% increase y-o-y, ABC.AZ reports, citing the Central Bank of Azerbaijan.
3 December 2025BULGARIA: Nikolay Stanchev: The insurance market has demonstrated sustainable growth, but continues to be dominated by motor insurance
The insurance market in Bulgaria has demonstrated sustainable growth in recent years. One of the main challenges is the pace of economic development, another challenge is related to the lack of qualified personnel in the sector, stated Nikolay Stanchev, Chairman of the Board of the Association of Bulgarian Insurers (ABZ).
3 December 2025CROATIA: In the first 10 months of the year the market rises by almost 8%
Total GWP collected by Croatian insurers in the first 10 months of 2025 amounted to EUR 1.7 billion, or 7.9% more y-o-y, osiguranje.hr writes with reference to HANFA’s (Croatian Financial Services Supervisory Agency) report.
3 December 2025GREECE: After joining Piraeus Bank Group, Ethniki Insurance enters a new era of growth
Ethniki Insurance is entering a new and dynamic era of growth following the successful completion of its acquisition by Piraeus Bank Group. With the support, expertise and infrastructure of the important financial Group, Ethniki Insurance is expected to further strengthen its growth and accelerate its transformation, insuranceforum.gr writes.
3 December 2025KAZAKHSTAN: Life insurers' net profit nearly doubled in 9M2025
The life insurance sector continued to accelerate, driven by robust demand for voluntary personal insurance products, rising wages and employment, active digitalization of the industry, and overall improved insurance literacy.
3 December 2025KYRGYZSTAN: Insurers' income nearly doubled in January-September
From January to September of this year, total income of 18 insurance companies operating in the market more than doubled y-o-y, reaching KGS 8.3 billion (~EUR 81 million). The bulk of this amount (almost 90% of the total) came from insurance premiums, according to the National Statistical Committee of the Kyrgyz Republic.
3 December 2025S&P upgrades ratings of three core entities of the UNIQA Group to A+
S&P Global Ratings has upgraded the ratings of three core entities of the UNIQA Group: UNIQA Österreich Versicherungen AG, the reinsurance company UNIQA Re AG (Zurich), and UNIQA Poland (UNIQA Towarzystwo Ubezpieczen S.A.) are now rated “A+”, the company announced.
3 December 2025SERBIA: 9th Serbian Insurance Days: there is a lot of potential for market development
The market is dominated by non-life insurance with 83.7%, said Željko Jović, Vice Governor of the NBS (National Bank of Serbia), at the 9th Serbian Insurance Days which took place on November 26 and 27 at the Zlatibor Hotel in Zlatibor.
3 December 2025
