News - Insurance
Kniazha VIG and Aon announce new USD 25 million war-risk insurance facility with the U.S. International Development Finance Corporation
Kniazha VIG, one of the Ukrainian companies of Vienna Insurance Group (VIG), and Aon announce a new 25 million US dollar reinsurance facility agreement with the U.S. International Development Finance Corporation (DFC) which came into force on 1 February 2026.
Explore & ReConnext Global (Re)Insurance Summit: Where serendipity works for you
With 68 companies from 24 countries already registered to attend the 2026 edition, Explore & ReConnext Global (Re)Insurance Summit is fast becoming not only a valuable source for updating professional information, but also the ideal place to establish or renew contacts in the re/insurance world.
RECREX marks 20 years of advanced claims management services across Europe
RECREX, the company dedicated to delivering advanced claims management services to insurers across Europe, celebrates 20 years of activity this year - a milestone that reflects resilience, strategic vision and long-term partnerships.
UNSAR: Romanian more interested by financial protection, but the gap is still large
Interest in financial protection is on the rise in Romania: more than 2.2 million life insurance policies are currently in force, an 8% increase compared to the first nine months of 2024, according to official data published by the Financial Supervisory Authority.
STATISTICS: BiH, FY2025: the market remains strongly dominated by mandatory MTPL insurance
The insurance market of Bosnia and Herzegovina (BiH) ended the year 2025 with aggregate GWP worth BAM 1.17 billion (~EUR 599.6 million), up by 8% y-o-y, according to market data published by AZOBiH - Insurance Agency of Bosnia and Herzegovina.
STATISTICS: KOSOVO FY2025: steady evolution, MTPL driven
The insurance market of Kosovo totaled EUR 170.5 million at the end of 2025, 6.4% 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.
STATISTICS: MONTENEGRO FY2025: Motor insurance accounts for a higher share of total claims than of gross written premiums.
At the end of 2025, the insurance market of Montenegro totaled EUR 148.3 million, 10.5% more y-o-y, while the value of paid claims by insurers reached EUR 65.45 million, up by 9% y-o-y, according to the quarterly market data released by Insurance Supervision Agency.
STATISTICS: CROATIA, FY2025: the insurance sector has exceeded the EUR 2 billion threshold
The Croatian insurance market ended 2025 with total gross written premiums worth EUR 2.07 billion, which is 7.5% more y-o-y, according to the Croatian Financial Services Supervisory Agency – HANFA report for December.
New senior leadership appointments within Aon’s Greece and Cyprus Reinsurance Business
Aon, a leading global professional services firm, has announced senior leadership appointments within its Reinsurance Solutions business in Greece and Cyprus.
Roberto Pinto appointed as International Affinity Leader, Marsh Risk
Marsh Risk, a business of Marsh and the world’s leading insurance broker and risk advisor, has announced the appointment of Roberto Pinto as International Affinity Leader, Marsh Risk, effective 23 February 2026.
AIG announces the completion of its minority ownership stakes in Convex and Onex
American International Group, Inc. (AIG) has completed the acquisitions of strategic minority ownership stakes in Convex Group Limited (“Convex”), a privately held, global specialty insurer, and Onex Corporation (“Onex”), a publicly traded global asset manager.
ARMENIA: Life insurance to become a strategic growth direction for LIGA Insurance
Following the acquisition of 100% of the Armenian LIGA Insurance by the Austrian GRAWE Group and C-Quadrat Investment Group, life insurance will become a strategic growth direction for the insurer in the coming years, according to Vahagn Agavelyan, Deputy Executive Director of LIGA Insurance, ArmInfo reports.
Chubb reports a great quarter and a great year with very strong contributions from all areas of the company
Net income of Chubb Limited for the quarter ended December 31, 2025 was USD 3.21 billion, and core operating income was USD 2.98 billion, as Chubb reported on its website.
GEORGIA: Compulsory motor insurance is vital due to rapid growth in the number of vehicles and accidents
Georgian authorities plan to introduce compulsory civil liability insurance for vehicle owners. This follows from a government's legislative action plan, which is scheduled to be presented to parliament during the spring session. Prime Minister Irakli Kobakhidze approved the plan on January 30, according to NewsGeorgia.
Groupama’s Rating affirmed at ‘2’ by Sustainable Fitch
In January this year Sustainable Fitch affirmed Groupama’s Rating at ‘2’ and increased its entity score to 65 from 63, Groupama said on its website.
Hannover Re achieves its earnings target in 2025
Hannover Re increased the premium income in traditional property and casualty reinsurance by 3.3% in the treaty renewals as at 1 January 2026. With the quality of the renewed business still good overall, an average risk-adjusted price decline of 3.2% was recorded.
In 2025 WTW had strong performance across its businesses
The revenue of WTW, a leading global advisory, broking and solutions company, for the fourth quarter of 2025 was USD 2.94 billion, a decrease of 3% compared to USD 3.04 billion for the same period in the prior year due to the sale of TRANZACT.
KAZAKHSTAN: Non-life insurance profitability falls to 17.8% in 2025 driven by rising paid claims
At the end of 2025, non-life insurance assets grew by 15.2% (vs 5.2% in 2024), according to a review of the Kazakhstan non-life insurance market for 2025 prepared by the AFK analytical center (Association of Financiers of Kazakhstan).
MetLife delivers record fourth quarter results and makes significant progress in advancing its New Frontier priorities in 2025
MetLife reported fourth quarter 2025 premiums, fees and other revenues of USD 18.7 billion, up 29% compared with the prior-year quarter. Adjusted premiums, fees and other revenues, excluding pension risk transfers, were USD 12.8 billion, up 8%, according to the report.
NORTH MACEDONIA: Triglav Osiguruvanje’s net profit more than doubled in 2025
Net profit of the North Macedonia's Triglav Osiguruvanje, part of Slovenian insurance group Triglav, more than doubled to MKD 106.5 million (EUR 1.7 million) in 2025 from MKD 52.4 million for the previous year, SeeNews writes.
12 February 2026