News - Insurance
PZU reappoints CEO Bogdan Benczak, names new Management Board
The Supervisory Board of PZU SA has reappointed Bogdan Benczak as President of the Management Board, following a qualification procedure completed on 14 April 2026.
16 April 2026FIAR 2026: Join the debate shaping the future of insurance markets
The 27th edition of FIAR – the International Insurance-Reinsurance Forum (24–26 May, Sinaia) invites industry professionals to one of its flagship highlights: the Insurance Market Trends Conference.
16 April 2026EIOPA opens consultation on flawed risk transfer in proportional reinsurance
The European Insurance and Occupational Pensions Authority (EIOPA) launched a consultation on the treatment of proportional reinsurance treaties with features that may jeopardize the balance (“commensurateness”) between the solvency capital requirement (SCR) relief triggered by the treaty and the effective transfer of risk they provide.
16 April 2026VIG reshuffles leadership across Group entities, expands Managing Board
The Supervisory Boards of Vienna Insurance Group, Wiener Städtische Versicherung and DONAU Versicherung approved a series of senior management changes on 14 April, effective 1 July 2026.
16 April 2026EIOPA and ESM propose mechanism for major NatCat fallout
The European Insurance and Occupational Pensions Authority (EIOPA) and the European Stability Mechanism (ESM) published a discussion paper on natural catastrophe risk management.
16 April 2026Cumulus Re cat bond renews 75% larger, makes cloud outage risk “insurable down the line”
Parametrix, the leading provider of cloud monitoring, modeling, and insurance services, announces the structuring, issue, and placement of Cumulus Re III. This third, larger cloud outage catastrophe bond attracted a greater number of investors than its predecessors to provide sponsor Hannover Re with $35 million worth of retrocessional protection for 2026-7.
16 April 2026STATISTICS: SLOVAKIA FY2025 (NBS): Second-half storms fuel significant growth in non-life claims
According to data from the National Bank of Slovakia (NBS), local insurers wrote GWP worth EUR 2.24 billion in 2025, 7.8% more y-o-y. Claims paid reached EUR 1.7 billion, about 41% up y-o-y.
16 April 2026VIG Re strengthens its management team with the appointment of Michael Klikovits as Head of Finance
VIG Re appointed Michael Klikovits as Head of Finance, effective April 2026. In his new role, Michael also becomes a member of the company’s Senior Leadership Team, contributing to the financial steering of VIG Re during its current three-year strategy cycle, VIGRe28 – Strengthen. Expand. Accelerate.
16 April 2026Petra Hielkema’s term of office of EIOPA Chairperson extended for another five years
The Council of the European Union has decided to extend the mandate of Petra Hielkema as Chairperson of the European Insurance and Occupational Pensions Authority (EIOPA) for a second five-year term, starting on 1 September 2026.
16 April 2026STATISTICS: ROMANIA, FY2025: solid growth and consolidation
Romania’s insurance market maintained solid growth momentum in 2025, supported by higher premium volumes and strengthening financial indicators, despite an economic environment still marked by inflationary pressures and uncertainty.
16 April 2026STATISTICS: Eurasia, 3Q2025: Paid claims growth significantly outpaces GWP growth
The regional insurance market in the Eurasian countries* rose by 21.17% in euros at the end of 2025, reaching EUR 51.43 billion, according to xprimm statistics.
14 April 2026STATISTICS: GEORGIA, FY2025: GWP rose double-digitally, while paid claims increased only slightly
At the end of 2025, Georgia's insurance market grew by 12.06% in local currency, reaching GEL 1,411.22 million (EUR 444.66 million), according to data published by the State Insurance Supervision Service of Georgia. It's worth noting that in euro, market growth was only 3.47%, due to the change in the lari/euro exchange rate compared to 2024.
14 April 2026Kevin Rampe named Senior Vice President, Chubb Group, Global Claims Officer
Kevin Rampe has been named Senior Vice President, Chubb Group, Global Claims Officer, responsible for global claims management. The appointment is effective immediately. Rampe will also retain his responsibilities as Head of North America Claims, Chubb announced.
14 April 2026CROATIA: Croatia osiguranje raises dividend by 7.2%
The Management Board and Supervisory Board of Croatia osiguranje have proposed to the General Assembly a dividend payment in the total amount of EUR 49 million. The proposed dividend is higher than the one paid for 2024, osiguranje.hr reported.
14 April 2026GREECE: GWP of NN Hellas exceeded EUR 1 billion in 2025
NN Hellas, the largest multinational insurance company in Greece, a member of the NN Group, ended 2025 with steady growth. With a focus on the customer experience through solid investments in its digital transformation and development, the company continues to strengthen its position in the Greek private insurance market, insuranceforum.gr writes.
14 April 2026Marsh Risk: the largest cyber insurance facility worldwide Cyber ECHO to provide clients with up to USD 200 million of cyber insurance
Marsh Risk, a business of Marsh and the world’s leading insurance broker and risk advisor, has announced that its Cyber ECHO facility now provides Marsh clients with up to USD 200 million of cyber insurance, the company’s press release says.
14 April 2026MOLDOVA: New law to align legislation with EU standards
Moldova has prepared a draft law on insurance and reinsurance activities, aligning national legislation with EU standards. The document introduces the provisions of Directive 2009/138/EC (Solvency II), including the recent amendments introduced by Directive 2025/2, which will apply at the European level from January 30, 2027, according to bizlaw.md.
14 April 2026MONTENEGRO: Consolidated net profit of Lovcen Osiguranje rises 23% in 2025
Montenegro's top insurer Lovcen Osiguranje, part of Slovenia's Triglav Group, has reported that its consolidated net profit rose to EUR 4.8 million in 2025 from EUR 3.9 million the year before supported by higher revenue, SeeNews wrote.
14 April 2026TURKIYE: Turk Re’s net profit rises 16% in 2025
Net profit of the state-owned Turk Reasurans (Turk Re) in 2025 reached TRY 3.6 billion (USD 80.8 million), which is 16% higher y-o-y and indicates that the company is maintaining its growth momentum, according to a Turk Re’s statement, Middle East Insurance Review reports.
14 April 2026VIG Re’s 2025 results: the year was exceptionally profitable, marked by strong financial
VIG Re delivered a strong underwriting and financial performance in 2025, meeting all key financial targets while further strengthening its position as one of Europe’s leading reinsurers with a growing footprint in Asia, the company said in its recent press release.
14 April 2026
