News - Insurance
ROMANIA: voluntary health insurance gains ground, covering over EUR 190 million in medical costs
Romanians are increasingly turning to voluntary health insurance to gain access to medical services, with the value of healthcare costs covered under these policies exceeding RON 660 million last year — up 21% compared to 2024. A significant share of these expenses no longer had to be borne by the public health insurance system.
14 May 2026Last Chance to Register for FIAR 2026
The countdown has begun for the 27th edition of FIAR 2026 – the International Insurance-Reinsurance Forum, taking place on 24–26 May 2026 in Sinaia, Romania.
13 May 2026Baku welcomes the international insurance community at AIIF 2026
The Azerbaijan International Insurance Forum 2026 will bring together insurance and reinsurance professionals from across the Caucasus, Central Asia, Türkiye and Europe for two days of high-level discussions focused on the future of the industry. Organized annually in Baku since 2016, the Forum has become one of the region’s leading platforms for dialogue, networking and strategic cooperation.
13 May 2026Adam Uszpolewicz appointed President of the Polish Insurance Association
On 7 May 2026, the PIU Ordinary General Meeting elected Adam Uszpolewicz as President of the Management Board of the Polish Insurance Association (PIU).
13 May 2026Allianz reports record operating profit in 1Q 2026
Allianz started 2026 with strong financial results, reporting a total business volume of EUR 53 billion in the first quarter, up 3.5% internally year-on-year. Growth was mainly supported by solid performances in the Property-Casualty and Asset Management segments.
13 May 2026Swiss Re appointed Trent Thomson as Head Global Specialty
Trent Thomson has been appointed Head Global Specialty and successor of Anne Lohbeck effective 1 July 2026. He will be based in London.
13 May 2026Willis launches integrated risk and insurance solution for carbon capture
Willis announced the launch of its Carbon Capture and Storage (CCS) insurance solution, a fully integrated insurance suite designed specifically to support developers and operators across the CO₂ capture, transportation, and storage value chain. It adapts upstream energy, marine, liability and environmental protections to the risks of CCS operations.
13 May 2026STATISTICS: KAZAKHSTAN, 1Q2026: Life insurance sees double-digit growth
Kazakhstan's insurance sector grew by 7.12% in the first quarter of 2026, reaching KZT 473.27 billion (EUR 855.46 million), according to data published by the National Bank. Total paid claims rose by almost 33%, to KZT 121.40 billion (EUR 219.44 million).
12 May 2026STATISTICS: AZERBAIJAN, 1Q2026: Voluntary life insurance market share exceeds half of total GWP
In the first quarter of 2026, the Azerbaijani insurance market amounted to AZN 417.75 million (EUR 214.25 million), which indicates a mere 4.68% increase y-o-y, according to data published by the Central Bank of Azerbaijan.
12 May 2026KBC Group: Elisa Vlerick succeeds Baron Philippe Vlerick as new director
At the General Meeting of KBC Group on 7 May 2026, it was proposed that Elisa Vlerick be appointed as a new director for a term of four years, succeeding Baron Philippe Vlerick, whose term of office as a director was due to end following the General Meeting, the Group announced.
12 May 2026AIG sells its remaining stake in Corebridge Financial
American International Group (AIG) has agreed to sell approximately 25 million shares of common stock of Corebridge Financial, representing its remaining stake in the company. The sale, which was expected to close on May 7, will result in net proceeds to AIG of approximately USD 710 million, the Group said.
12 May 2026ARMENIA: Agricultural insurance revives in 2026
After two years of inactivity, agricultural insurance in Armenia has revived in 2026, ArmInfo reports.
12 May 2026AXA delivers strong start to the year with topline growth across all business lines
Gross written premiums & other revenues of AXA in 1Q2025 rose 6% vs 1Q2025 to EUR 38.0 billion. Property & Casualty premiums were up 4% to EUR 21.5 billion, AXA announced in its press release on 1Q26 indicators.
12 May 2026AZERBAIJAN: ICIEC to expand portfolio of guarantees and insurance solutions for projects in Azerbaijan
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) has provided insurance coverage in Azerbaijan totaling approximately USD 120 million over five years, according to Yasser Alaki, Director of the Business Development Department at ICIEC, Trend reports.
12 May 2026CYPRUS: Universal Life partners with IASO Group for upgraded health services
Universal Life, the largest insurance company in the private health insurance sector in Cyprus, is proceeding with another important strategic partnership in Greece, integrating IASO Group into its network of medical providers, cyprusinsurancenews.com reported.
12 May 2026GEORGIA: Insurance market grows by approximately 300% in a decade
Total insurance sector revenue for 2025 reached GEL 1.41 billion (EUR 444.66 million), up from GEL 400 million in 2016, representing a growth of approximately 300% over the past decade, Business Georgia reports.
12 May 2026Hannover Re approves dividend increase of 39% compared to the previous year
The Annual General Meeting of Hannover Rück SE approved the proposal put forward by the Executive Board and Supervisory Board to pay a dividend of EUR 12.50 per share following the realignment of the dividend policy for the 2025 financial year (total dividend for the previous year: EUR 9.00), the company said in its press release.
12 May 2026KAZAKHSTAN: Kommesk-Omir completes rebranding and becomes Centras Life
Kommesk-Omir, a top-20 insurer in Kazakhstan, officially announced completion of its rebranding and now operates under the new name Centras Life, Forbes reports, effective March 17, 2026.
12 May 2026LATVIA: LAA: This heating season has been the most expensive in the last three years
As the winter was marked by persistent snow cover and prolonged negative temperatures, the number of insurance claims related to winter weather conditions and more intensive heating of homes increased last heating season, the Latvian Insurance Association (LAA) said.
12 May 2026MetLife’s net income increases 30% to USD 1.1 billion in 1Q2026
Premiums, fees and other income of MetLife in 1Q2026 were USD 14.3 billion, up 5% compared with the prioryear quarter. Adjusted premiums, fees and other revenues, excluding pension risk transfers, were USD 13.3 billion, up 10%, the company announced.
12 May 2026
