News - Insurance


AIG delivers strong profitability and premium growth in the third quarter

General Insurance net premiums written (NPW) of American International Group (AIG) in the third quarter amounted to USD 6.7 billion, representing an increase of 7% year-over-year on a reported basis and 8% on a constant dollar basis, driven by 7% growth in Global Commercial and 9% growth in Global






HUNGARY: Ominimo to start cooperation with a new global insurer in the first quarter of 2027

Ominimo insurtech startup has acquired an insurance partner and would significantly expand its domestic activities in the future. Ominimo is expected to relaunch in cooperation with a new, global insurer in the first quarter of 2027, subject to obtaining the necessary supervisory permits. The existing client base will be continued by its current partner, Signal Iduna.






TURKIYE: Fire insurance ranks first in claims for October flood disaster

The amount of damages incurred by the insurance sector related to the 14-15 October flood disaster in Turkiye has reached at least TRY 11.46 billion (USD 229.2 million) as of October 26, from 9,738 claims filed, according to data from the Insurance Association of Turkiye.

UZBEKISTAN: INSUR Asia 2026 will be held in Tashkent on November 19

INSUR Asia, will take place on November 19, 2026, in Tashkent as part of the international financial forum FINNEXT Asia 2026. Participants will discuss digital transformation of the insurance market, application of artificial intelligence, and development of new sales channels in Russia and Central Asian countries.



EIOPA's Petra Hielkema: Consumer protection must move beyond warnings and disclosure to prevent harm

Consumer protection in an increasingly digital financial market requires a shift from reacting to problems towards preventing them, while ensuring that innovation delivers genuine benefits to consumers. This was one of the central messages of Petra Hielkema, Chairperson of the European Insurance and Occupational Pensions Authority (EIOPA), in her closing remarks at the 13th Joint ESAs Consumer Protection Day, held in Rome on 4 November 2026.

STATISTICS: KOSOVO 3Q2026: MTPL insurance remains dominant

The insurance market of Kosovo totalled EUR 133.9 million at the end of Q3 2026, 4.45% 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.