News - Insurance
Achmea completes sale of its Slovak healthcare activities to Dôvera to accelerate growth in other portfolios in Slovakia and across other European countries
Achmea, following receipt of all required approvals, has completed the previously announced sale of its Slovak healthcare activities to Dôvera. All shares of the Slovak health insurance company Union zdravotná poisťovňa (UZP) have thereby been transferred to Dôvera.
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
Aon increases Client Treaty to 35% co-insurance for 2027 to give clients greater efficiency and confidence when placing their risks
Aon, a leading global professional services firm, has announced the successful renewal of the Aon Client Treaty (ACT). From 1 January 2027, the facility will enable 35% co-insurance on eligible business placed through Aon's Global Broking Centre and on facultative reinsurance placed by Aon's Reinsurance Solutions, up from 28.5%.
CZECHIA: Number of compulsory liability claims is stable, yet higher costs
The Czech Insurers' Bureau (ČKP) expects approximately 271,000 claims from compulsory insurance in 2026, which is about the same number as in 2025.
ERGO completes merger with Gjensidige in the Baltics
ERGO has completed its merger with the non-life insurer ADB Gjensidige in the Baltic States on November 1, 2026, combining the operations of both insurers in Latvia, Lithuania and Estonia.
ESTONIA: The number of motor insurance cases in the first nine months becomes a record
In the first nine months of 2026, 27,692 motor liability insurance cases were registered, or an average of 101 cases per day. This number of cases is a record in the first nine months of a year.
GREECE: CrediaBank and Europe Insurance now together in a single financial group
CrediaBank has announced the completion of the merger by absorption of Europe Holdings. With the completion of the transaction, Europe Insurance and NAK Insurance Brokers join the CrediaBank Group, strengthening its presence in non-life insurance and insurance brokerage.
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.
KAZAKHSTAN: Insurance sector assets rise by nearly 22% from January to September
Between January and September 2026, the assets of Kazakhstan’s insurance sector increased by 21.7% to KZT 4.8 trillion (~EUR 9.62 billion), driven primarily by a rise in investments in securities.
KAZAKHSTAN: Moody’s assigns Ba1 rating to BCC Life with a stable outlook
Moody’s Ratings has assigned an Insurance Financial Strength (IFS) rating of Ba1 to BCC Life, in both local and foreign currencies. The outlook for the ratings is stable, the company said on its website.
Lloyd’s announces changes to its operating model to reduce complexity and cost of doing business
Lloyd’s has announced changes to its operating model designed to reduce complexity and the cost of doing business in its market while preserving its world-leading standards of oversight. This delivers on the strategic commitment made in March to make Lloyd’s a more efficient and flexible marketplace.
MetLife delivers highest quarterly adjusted earnings per share in its history in the third quarter
Premiums, fees and other revenues of MetLife in the third quarter reach USD 14.1 billion, up 12% compared with the prior-year quarter. Adjusted premiums, fees and other revenues, excluding PRT, were USD 13.5 billion, up 8%.
Swiss Re reports a net income of USD 4.2 billion for the first nine months
Swiss Re has reported a net income of USD 1.3 billion for the third quarter of 2026, resulting in a net income of USD 4.2 billion and a return on equity (ROE) of 22.5% for the first nine months of the year.
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.
NN Group to appoint Tjeerd Bosklopper as CEO of the company to succeed David Knibbe
NN Group has announced that its Supervisory Board intends to appoint Tjeerd Bosklopper as CEO of the company. Tjeerd, who is currently CEO of NN Netherlands Non-life, Bank & Technology, will succeed David Knibbe, who will step down from NN Group as of 1 March 2027 to pursue an opportunity outside the company.
CROATIA: Wiener osiguranje and VIG launch Global Assistance Adria
Wiener osiguranje and Vienna Insurance Group (VIG) are launching Global Assistance Adria, a new company specialized in assistance services on the Croatian market.
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.
STATISTICS: ALBANIA 3Q2026: Modest premiums growth accompanied by faster growth of paid claims
In the first three quarters of 2026, gross written premiums (GWP) in Albania's insurance market reached ALL 20.57 billion, marking an almost 2% increase y-o-y. In European currency, due to the appreciation of the Albanian Lek against Euro, the market growth was of 7.23%, to EUR 223.53 million.
9 November 2026