News - Insurance
STATISTICS: BULGARIA FY2025: Motor insurance remained the market driver, both in GWP and paid claims terms
Bulgarian insurance market reported FY2025 GWP worth BGN 5.25 billion (EUR 2.68 billion), up 12% y-o-y, according to the official data published by the Financial Supervisory Commission. Life insurers' GWP increased by 11.36% to BGN 870 million, while non-life insurers' GWP rose by 12.16% to BGN 4.38 billion. Overall, the portfolio structure remained almost unchanged.
STATISTICS: POLAND FY2025: Improved profitability of the insurance operations
Polish insurers wrote PLN 90.6 billion (EUR 21.43 billion) in gross premiums in 2025, up 5.76% y-o-y. Both life (+5.17%) and non-life (+5.98%) segments contributed to growth. Overall growth accelerated in the second half of the year.
STATISTICS: SLOVENIA FY2025: Rapid recovery in business turnover and improved profitability
The Slovene insurance market grew by 33% in 2025, consolidated GWP reaching EUR 3.63 billion, according to data provided by the Slovenian Insurance Association. GWP for life insurance increased by 10.36%, to EUR 976.86 million, while non-life insurance also grew by 43.9%, to EUR 2.65 billion.
EIOPA report shows overall positive net returns of insurance retail investment products in the EU
The European Insurance and Occupational Pensions Authority (EIOPA) today its annual report on the costs and past performance of retail investment products in the European Union, covering the period from 1 January 2020 to 31 December 2024.
EIOPA Sustainable Finance Conference 2026 – virtual format only
EIOPA Sustainable Finance Conference 2026 will take place on 28 April 2026 in a virtual format. Attendance is free of charge. Registration is open.
Arch Insurance appoints new Cyber heads for Europe and Iberia
Arch Insurance today announced the promotions of Jose Carlos Jiménez Fernández as Head of Cyber for Europe, and Rafael Ortiz Losada as Head of Cyber for Iberia, at Arch Insurance (EU) dac (AIEU), effective immediately.
Damian Jaworski’s five-year term as EIOPA Executive Director began on 1 April
On 1 April, Damian Jaworski began his five-year term as Executive Director of the European Insurance and Occupational Pensions Authority (EIOPA). The EIOPA Board of Supervisors decided to nominate Damian Jaworski for this role in October 2025.
Gerry Cross appointed as next IAIS Secretary General
The International Association of Insurance Supervisors (IAIS) announced the appointment of Gerry Cross as its next Secretary General, effective 15 June 2026. He will lead the IAIS Secretariat and support the IAIS Executive Committee in advancing the IAIS’ strategic priorities and workplan, aimed at ensuring effective and globally consistent supervision of the insurance sector.
Winsee Cheung appointed a news head the unit in Liberty’s UK & MENA region
Liberty Specialty Markets (Liberty), part of Liberty Mutual Insurance Group, today announced the appointment of Winsee Cheung to divisional director, delegated authority practice, effective 07 April 2026.
Triglav targets stronger growth, profitability and EUR 300 million earnings by 2030
The Triglav Group has set out an ambitious medium-term strategy, leveraging its strong 2025 performance to pursue accelerated growth, improved profitability and enhanced resilience across its core markets.
VIG Re CEO Sonndorfer outlines priorities: culture, technology and international growth
VIG Re’s next phase of development will focus on three main priorities: strengthening its cultural transformation, accelerating the use of data and technology, and preparing the ground for further international expansion, CEO Tobias Sonndorfer said in a recent podcast interview in the Kogi - Let's move companies series.
STATISTICS: UKRAINE, FY2025: Insurance companies end the year with growth in assets and profitability
Ukraine's insurance market grew by 36.24% to UAH 74 billion (EUR 1.48 billion) in 2025, including UAH 67.98 billion in non-life insurance and UAH 6.01 billion in life insurance, according to the National Bank of Ukraine (NBU) quarterly report. Total paid claims rose by 28.19% to UAH 26.74 billion (EUR 0.53 billion).
STATISTICS: BELARUS, FY2025: both GWP and paid claims did not reach double-digit growth (in local currency)
At the end of 2025, the Belarusian insurance market totaled BYN 2,870.54 million (EUR 840.08 million), up 9.69% y-o-y, according to data published by the Ministry of Finance of the Republic of Belarus.
Aegon will propose to extend the term of Lard Friese as CEO until 2030
Aegon’s Board of Directors will propose to extend the term of Lard Friese as Executive Director of the Board of Directors and Chief Executive Officer at Aegon’s Annual General Meeting of Shareholders (AGM) on June 10, 2026, Aegon said on its website.
AZERBAIJAN: GWP fall by 1.3% in January-February, while paid claims jump by 37%
In Azerbaijan, 16 insurance companies collected AZN 277.56 million (~EUR 138.22 million) in January-February 2026, which indicates a 1.3% decrease y-o-y, ABC.AZ reports, citing information from the Central Bank of Azerbaijan (CBA). Paid claims in the reporting period reached AZN 148.8 million (~EUR 74.10 million), a 37% increase y-o-y.
BULGARIA: FSC bans DallBogg from underwriting new (re)insurance business over compliance breaches
Bulgaria’s Financial Supervision Commission (FSC) has imposed an immediate ban on DallBogg Life and Health Insurance Company from concluding new insurance or reinsurance contracts, extending existing agreements, or broadening their coverage - either across all or selected classes of business.
KYRGYZSTAN: Requirements for takaful, imputed insurance, and annuity insurance approved
On March 27, 2026, the Cabinet of Ministers of the Kyrgyz Republic adopted a resolution "On Approving requirements for insurance based on Islamic principles (takaful), imputed insurance, and annuity insurance", according to the Service for regulation and supervision of the financial market of Kyrgyzstan.
MetLife named one of the ‘Fortune 100 Best Companies to Work For’ for fourth consecutive year
MetLife has been named one of the Fortune 100 Best Companies to Work For® in the U.S. for the fourth consecutive year, the company announced on its website.
MONTENEGRO: Insurance market in 2025: Premium growth followed by accelerated claims growth
Although the insurance sector continues to grow, the rapid increase in claims is a key factor that will affect profitability and sustainability of insurance companies' operations in the coming period, the National Insurance Bureau of Montenegro said on its website.
PZU Group and LINK4 to combine their potential in a multi-brand model
The PZU Group is preparing for the merger of PZU and LINK4, the goal of which is to create a modern insurance and financial institution that is even better tailored to the needs of its clients and partners, the Group said in its press release.
8 April 2026